One Option Trading Blog http://bit.ly/2HYUjlo Posted 9:30 AM ET - Last week traders digested an incredible amount of news and it was generally good. The S&P 500 challenged the 100-day moving average on Friday, but it could not break through. This is a formidable resistance level and buyers need clarity on unresolved issues before they add risk. Earnings season is in full bloom and almost half of the S&P 500 companies have reported. On average, earnings per share have grown 18% on a year-over-year basis (better than expected). Over 70% of companies have exceeded earnings estimates and that is also above average (64% of companies typically …
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