Friday, April 22, 2016

Market Rally In Danger - Earnings Disappoint - Downside Will Be Tested Today


One Option Trading Blog http://ift.tt/1Wh88JK WE WILL BUY PUTS TODAY - WATCH US IN THE CHAT ROOM - TAKE THE TRIAL Posted 9:15 AM ET - Yesterday we saw a light round of profit-taking and the S&P 500 closed on its low of the day. I would not normally give this much thought, but it is unusual price action ahead of two major earnings reports. Microsoft and Google both missed expectations after the close. I was looking for a good number from Google and it was going to serve as a catalyst for the final push …

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