trade meeting. The two leaders are scheduled to meet Saturday at the G-20 summit in Osaka, Japan.
"There's a pretty healthy premium built into short-term options," Masserio said. "Part of that premium is this 50-50 coin flip where you could get something that's a surprise step in the right direction or you come out with a whole bunch of nothing. Either way, the market is going to pick a short-term direction" after the G-20.
Both China and the U.S. have maintained their firm stances on trade, with the Chinese Ministry of Commerce calling on Washington to cancel its pressure and sanction measures on Huawei and other Chinese companies, while Trump reiterated a threat to impose tariffs on all Chinese imports if talks fail.
The market can run hot for elongated temporal periods; however, such enthusiasm will cease once reality of business performance outweighs market exuberance.
Excuse me? What kind of bull crap is this? The S&P 500 is only up 11.00 from where it was in September 21, 2018. It took 9 months to move 11.00 points. How is this great?
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