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Thursday, April 14, 2016

Market Will Finish the Week On A High Note - Day Trade From the Long Side


One Option Trading Blog http://ift.tt/1S9rX0N Posted 9:30 AM ET - Yesterday the market rallied to the high of the year and it was able to hold the gains. This was a positive sign since we should've seen some profit-taking at that level. Buyers were engaged and we should be able to inch higher the next couple of weeks. Financials rallied after J.P. Morgan posted better-than-expected results and Wells Fargo is up after announcing earnings this morning. Banks could provide a little boost for this rally. Longer-term, I believe they will barely tread water so I'm not expecting leadership from this sector. China's trade numbers were good …

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