Tuesday, May 1, 2018

Iran Not A Big Deal For Market - FOMC Should Be Dovish - Look For Bullish Bias Rest of the Week


One Option Trading Blog https://ift.tt/2rcJZvf Posted 9:30 AM ET - Yesterday the market was content trading in a tight range ahead of major news announcements this week. Then Israel presented evidence that Iran has been working on a nuclear weapon and that it never honored its agreement with the US. Stocks sold off on the notion that Trump will revoke the agreement. I believe that the news the next few days will overshadow that event. After the close today Apple will post results. Suppliers have been warning and Apple has retraced. Of the S&P 500 companies that have reported profits have increased 25% year-over-year and revenues …

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