Coronavirus is back in the news in a big way now that omicron is officially here.
After retracing Tuesday’s move down, the midday news of the first confirmed U.S. case sent the trading algorithms on a sell-off as equities plunged back into the red.
Tune in Thursday, and it was back to the races as traders rushed in to buy the dip…
Even the travel stocks caught a BIG bid during Thursday’s omicron reaction rally.
If there’s one industry that hasn’t truly recovered since the world shut down back in March 2020, it’s travel...
Other than the vaccine news and reduction of travel restrictions, we haven’t seen many positive catalysts.
Personally, I’ve been looking for a good place to get on board, and although they’ve been close a few times, I’m here to tell traders that now is not the time to get sucked into the omicron travel stocks rally.
How Liquidity Can Make or Break Your Options Trades November 26, 2021
I have a lot of gripes about low-volume markets like the holiday week we’re in now. Having tons of traders away from their desks can be especially maddening when trading the rest of us are still trading options.
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