Buy Dips and Ignore the Media - Market Will Breakout As Earnings Crank Up

One Option Trading Blog http://ift.tt/2js4f9c Posted 8:30 AM ET - The market is going to have to shrug off nervous jitters after a three-day weekend. Stocks are poised to open lower and the S&P 500 is down 10 points before the open. Support at spy $225 will be tested and that level needs to hold. The market is in a tight range and I would not read too much into the daily price movement until it breaks out one way or the other. Asian markets were weak and that is spilling over to other markets. We will get a round of economic data (IP, retail sales, …