One Option Trading Blog http://ift.tt/1Oxqtgl WE HAVE BEEN NAILING TRADES IN THE CHAT ROOM EVERYDAY. CLICK HERE TO SEE WHAT WE ARE TRADING TODAY Posted 10:50 AM ET - The market is tired near the all-time high. IBM/United Technologies weighed on the Dow yesterday and Apple/Microsoft are keeping the pressure on today. Apple's earnings last night were excellent, but they missed inflated expectations. I don't believe this dip will be sustained. Support at the 100-day moving average (SPY $206.50) will hold. The FOMC meeting next week could spark a small round of profit-taking. The Fed will not show its hand because …
No comments:
Post a Comment