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Monday, April 27, 2015

S&P Makes A New All-time High - But Don’t Expect A Massive Breakout


One Option Trading Blog http://ift.tt/1zeJwsI Take the Free Trial and get all of my trade signals CLICK HERE Posted 9:40 AM ET - Last week, the market ignored weak flash PMI's and the NASDAQ made a new all-time high. Mega cap tech stocks like Netflix, Facebook, Google, Microsoft and Amazon fueled the move. The S&P 500 is likely to make a new all-time high this morning. If the market was not able to breakout before Apple's earnings (today after the close), I felt that a reversal could start as early as this week. Now that we have the breakout, prices should …

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