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Tuesday, October 31, 2017

Market Breakout - Now or Never - This Week Will Set the Year-End Tone


One Option Trading Blog http://ift.tt/2hrH0Kl Posted 9:40 AM ET - If the market is going to breakout it needs to do so this week. The calendar is full and a catalyst needs to emerge. Strong earnings/guidance, a dovish FOMC statement or solid economic data could attract buyers. Once this window passes, the tone will be set for the rest of the year. Earnings season will climax Wednesday and the results have been good so far. The strongest companies announce early in the cycle and optimism builds. Facebook will post after the close today and Apple will post after the close Wednesday. Mega cap tech reactions (Google, …

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