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Thursday, January 19, 2017

Market Needs Financials - Support Has Been Established - Bid Will Grow


One Option Trading Blog http://ift.tt/2iNv2IE Posted 9:00 AM ET - The market has been as flat as a pancake this week and the S&P 500 is been a 10 point range the last two weeks. Trading volume is declining and I expect it to improve next week as earnings crank up. China will post industrial production, retail sales and GDP overnight. We need to see solid numbers if the market is going to challenge the all-time high. Higher interest rates will not be a problem this year if we have decent global growth. Janet Yellen spoke at a conference in San Francisco yesterday and there weren't …

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