MSFT Should Post Solid Results - Dips Will Be Brief and Shallow In July

One Option Trading Blog http://ift.tt/29Snh0q Posted 9:30 AM ET - The trend is up. Earnings season is upon us and Microsoft will post after the close. Intel will announce after the close tomorrow and these two stocks will set the tone for the tech sector. I'm expecting decent results (especially from Microsoft). Stocks should grind higher this week, but the probability of an "ugly day" is high. The S&P 500 has been able to close above major horizontal resistance for over a week. I am starting to embrace this breakout and I will wait for a buying opportunity. Any pullback will be short and brief this …