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Wednesday, November 4, 2015

Market Will Struggle To Breakout On the First Try


One Option Trading Blog http://ift.tt/1MHI7Bk Posted 10:00 AM ET - The market is floating higher and it wants to challenge the all-time high. Mega-cap tech stocks have been leading the charge and Facebook posts after the close. It will be difficult for the market to breakout on the first attempt. ADP said that 183,000 new jobs were created in the private sector to during the month of October. That is a solid number and it is in line with expectations. I believe Friday's jobs report will come in at 190,000 and September's number will be revised upward. Employment is stable, but not robust enough to justify …

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