Tuesday, May 2, 2017

Bullish Speculators Will Get Flushed Out Soon - Apple Earnings After the Close


One Option Trading Blog http://ift.tt/2prJcWM Posted 9:00 AM ET - I believe we are seeing the final leg of this rally. Tech stocks are leading the charge and optimism is high ahead of Apple's earnings after the close today. Facebook will announce after the close Wednesday. Bullish speculators will get flushed out of tech stocks and we should see a rotation into other sectors. Earnings announcements are peaking and after this week the optimism will start to wane. Politics will once again be in focus. The market will grow impatient if progress is not being made on tax reform. The economic numbers recently have been a …

No comments:

Post a Comment