Monday, October 23, 2017

Solid Earnings Will Fuel the Rally This Week - Stay Long


One Option Trading Blog http://ift.tt/2y0510l Posted 9:30 AM ET - The market will continue to grind higher this week. Strong earnings will fuel the rally and announcements will be heavy. Amazon, Bidu, Google, Intel and Microsoft will post after the close Thursday. Hang and your calls and ride this wave higher. Q3 guidance was the strongest we've seen in five years and the results should be excellent. 70% of the companies that are in the S&P 500 have exceeded estimates so far. The strongest companies announce early in the cycle and optimism builds. Seasonal strength will also fuel the move. Trump might announce his choice to …

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