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Thursday, April 25, 2019

Tech Can’t Do It Alone - Market Not Getting Help From Other Sectors


One Option Trading Blog http://bit.ly/2W7A5rY Posted 9:30 AM ET - The market made a new all-time high this week and good earnings fueled the move. Stocks are trying to grind higher, but there is no follow through to the breakout Tuesday. Intraday volatility is low and the volume is below average. Earnings announcements will climax in the next week. The headwinds are blowing and it feels like the market will be trapped in a range. Microsoft and Facebook exceeded estimates and both stocks are trading higher this morning. That was critical for the market and it sets a good backdrop for Intel and Amazon today. Short …

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