Friday, July 22, 2016

Mega Cap Tech Earnings and the FOMC Will Keep A Bid To the Market


One Option Trading Blog http://ift.tt/2af9l4l Posted 9:20 AM ET - The market action has been extremely slow. Earnings season is presenting some individual opportunities, but the macro news is light. Flash PMI's were little soft, but they did not move the market. The S&P 500 is up two points before the open and it looks like another quiet day. Mega cap tech stocks will report results next week and that should keep a bid to the market. The Fed will not raise rates next week and that should also be a market friendly event. The market has one more good push higher and the price action …

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