Market Will Provide A Big Tell On Friday - Watch the Earnings Reaction

One Option Trading Blog http://ift.tt/1MIieSg Posted 9:30 AM ET - Monday the market ignored a drop in oil and it surged higher. Yesterday, the gap up held and the S&P 500 is one good day from its all-time high. Earnings season is upon us and this type of bullish price action is typical. I still believe we have one or two more weeks of positive price action. Intel beat estimates yesterday, but the numbers were pretty much in line. Tablet sales were down 44% year-over-year. I believe the mobile refresh cycle will lengthen and that could be bad for Microsoft/Apple. PCs sales were down 4%. Google …