Banks Will Lead The Market Breakout - Earnings Start This Week

One Option Trading Blog http://ift.tt/2j6r6GP Posted 9:00 AM ET - The market is compressing near the all-time high and I view that as bullish. We've seen big gains since Trump was elected and those gains need to consolidate. With each passing day the bid will grow and eventually we will see the next leg higher. Earnings guidance should be upbeat and I expect to see a breakout soon. The promise of lower corporate taxes and lower government regulation will spark business investment. That will stimulate growth. A repatriation tax break could bring trillions of dollars back into the US. Global economic activity is gradually improving. Domestic …