Scott Shellady, TJM Europe

Scott says Trump has won his way and the Supreme Court will remain conservative for a while. Scott also discusses a rumored increase in GDP coming soon. He adds, oil is at a three and a half year high.

Tim Biggam, Chief Option Strategist - Delta Derivatives

Tim discusses how the market is beginning to come back after Mondays bloodbath. Tim says, he likes selling both sides of the market using a one standard deviation method. Take advantage of implied volatility, he adds. 

George Tkaczuk, RCM Wealth Advisors

As the equity markets digest gains, George talks about what to look for in terms of support levels, and or if this will turn into another correction.

Dan Passarelli, CEO - Market Taker Mentoring

Dan says Apple has a slight pullback recently, due to statements regarding decreasing phone sales. Apple is buying back some of their shares and the indexers will have to sell Apple stock today. This can put downward pressure on a stock that is already headed downward on the chart. Dan recommends buying 185 puts with about a two-week expiration. Holding it for a couple days would be the best bet, he adds.

Scott Shellady, TJM Europe

Scott advises to keep an eye on the Bank of England, the Trump Administration, the EU, and China. Scott says he thinks these movements are temporary, so that the Trump Administration will get their way. He adds, the EU is caught in the crosshairs of collateral damage; The US is taxing on aluminum and steel, while the EU is taxing on bourbon, bikes, and blue jeans. Everything is winding up for a decent move here, he adds.

Tim Biggam, Chief Option Strategist - Delta Derivatives

Tim discusses the seasonal weakness of July and August for stocks. He says, favor bear call credit spreads as a preferred trade structure now that VIX is back to levels where option selling makes sense. Selling out of the money call spreads on TSLA and IQ is a great move, he adds. Oil should remain weak as Contango turned to backwardation...more supply coming on market, he concludes.