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Wednesday, April 13, 2016

Market At High For the Year - This Is the Final Push - It Ends With Apple


One Option Trading Blog http://ift.tt/1VoR4TG Posted 9:30 AM ET - I mentioned yesterday that the early rally would be challenged and that the ensuing price action would set the tone for the week. Stocks drifted lower and they quickly found support. News that an oil production freeze was likely attracted buyers and the SPY blew through $205. This morning we are seeing follow-through and the high of the year will be challenged. China's trade numbers were good. I have seen hints of improvement and I suspected as much. Friday's numbers (industrial production, retail sales and GDP) should be market friendly as well. This was one of …

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