Market Will Hit Speedbumps This Week - Profit Taking Will Surface

One Option Trading Blog http://ift.tt/1NLqQT3 Posted 9:50 AM ET - Last week the market tried to challenge the all-time high, but it was turned back. Earnings announcements did not generate excitement and resistance is building. Netflix, Google, and Microsoft disappointed the market. Mega cap tech stocks are not participating in the rally and I don't see a catalyst. Apple postponed their earnings release by day and I believe the news will be negative. Facebook should be okay on Wednesday and Amazon will be a crapshoot on Thursday (earnings are not always the focal point with the stock). Cyclical stocks will also struggle. Honeywell, General Electric and …