One Option Trading Blog http://ift.tt/1U1yUGa Posted 9:30 AM ET - Last week the market rallied through major resistance at SPY $200. It is unusual to get through levels like this on the first attempt and we are likely to hit a speed bump this week. China's trade numbers were horrible. Exports were down 25% and imports were down 14%. Thursday morning they will post retail sales and industrial production. These numbers will be soft, but better than feared. Given these dismal results, it's hard to justify the strength in commodity stocks. I believe hedge funds were scrambling to cover short positions. These stocks will present an …
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