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Friday, March 31, 2017

Focus Will Shift To Economic Growth Next Week - Good News Is Good News


One Option Trading Blog http://ift.tt/2nmEzsI Posted 9:00 AM ET - Yesterday the market continued to grind higher. The action was light but positive. Stocks are lower this morning and they should find support. China's PMI was better than expected and many analysts are raising GDP estimates. Europe and Japan were also solid. Domestic economic activity will be in focus next week. ADP, ISM manufacturing, ISM services and the jobs report will be released. “Good news is good news” and we need strong numbers. Earnings season will begin in two weeks. Q4 was good and CEOs are optimistic. Pre-announcement warnings should be minimal and stocks should rally …

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