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Monday, April 18, 2016

Market Rally Is In the 9th Inning - Watch the Reaction To These News Events


One Option Trading Blog http://ift.tt/1XEBvVe Posted 9:30 AM ET - Last week the market poked through resistance and it was able to hold the gains. Buyers are engaged as earnings season kicks off. The daily range for the S&P 500 is compressed and the volume is light. Earnings plays will provide lots of action for the next few weeks. Stocks are trading lower this morning in reaction to a decline in oil. Global energy producers were not able to reach a production freeze agreement. This comes as no surprise. There are too many producers and most of them are strapped for cash. Even if an agreement …

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