Market Has One More Good Push Higher - No Speedbumps Until August

One Option Trading Blog http://ift.tt/29PGFvH Posted 9:30 AM ET - We are in the summer doldrums and I'll keep my comments brief. Earnings season has been good so far and the path of least resistance points higher. The macro news is very light and flash PMI's will be posted tomorrow. They should be market friendly. Google, Amazon, Facebook and Apple will post soon and shorts will stay out of the way. The Fed will not hike rates next week and the news will attract buyers. Look for a gradual grind higher. I am not looking for a blow-off top and I feel the upside is relatively …