One More Push Higher - Take Profits On Bullish Trades Before FOMC

One Option Trading Blog http://ift.tt/2pAmUSS Posted 9:30 AM ET - Last Monday and Tuesday the market surged and we had the best two days since November. The S&P 500 is within striking distance of the all-time high and we could challenge it this week. Good news is priced in and resistance at the all-time high will be stiff. Tech giants posted earnings after the close last Thursday (GOOG, AMZN, MAFT and INTC) and the market was able to hold its gains. Apple will announce Tuesday after the close and Facebook will announce after the close on Wednesday. I believe that we will see if a rotation …