One Option Trading Blog http://ift.tt/1LlXBqE Posted 10:00 AM ET - Last week the market rallied above the breakout at SPY $200. That support level has been able to hold and we are seeing late day buying. The bid should strengthen into mega-cap tech stock announcements Thursday after the close (Amazon, Google and Microsoft). I am expecting positive price action the rest of the week. China posted decent economic numbers yesterday. GDP came in at 6.9%, retail sales came in at 10.9% and industrial production came in at 5.7%. Conditions seem to be stabilizing and China should not provide a headwind for at least a few weeks. …
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