Monday, April 10, 2017

Market Feels Heavy - Weakness Will Run It Course Soon - Bid Will Grow


One Option Trading Blog http://ift.tt/2oiEcTz Posted 9:30 AM ET - The market feels heavy and we are seeing two-sided price action. There are plenty of positives and negatives. Volatility will increase during the next two months and the volume will be brisk. Earnings season will begin this week and that is a positive. Corporate profits were strong in Q4 and guidance was excellent. Pre-announcement earnings warnings should be minimal and buyers will stay engaged for the next few weeks. Global economic growth has been improving. Official PMI's were better-than-expected in Europe and Asia. Domestic economic activity has also been strong. Last week ISM services declined. I'm …

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