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Monday, July 11, 2016

Market Will Poke Through the All-time High - Day Trade Using This Tactic


One Option Trading Blog http://ift.tt/29rlW4M Posted 9:30 AM - Last week the market surged on dovish FOMC minutes and a better-than-expected jobs report. The three-month average for job growth is 147,000. That is good enough to stave off recession fears and is not hot enough to justify a rate hike. This is a Goldilocks number and the market is challenging the all-time high. Earnings season will start today, but the announcements really don't crank up until next week. China will post industrial production and retail sales on Friday. These are really the only significant economic release this week. The strongest companies announce early in the earnings …

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