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Thursday, April 27, 2017

Earnings After Close Need To Be Incredible For New SPY High


One Option Trading Blog http://ift.tt/2oMNILJ Posted 9:30 AM ET - In yesterday's comments I mentioned that stocks were likely to pullback after Trump's press conference. His content was good, but the early gains were erased. After the biggest two day rally since November the market needed a breather. Earnings after the close today will be critical. Google, Amazon, Intel and Microsoft posts results after the closing bell. These mega cap tech stocks are heavily weighted in major indices and they are a barometer for the tech sector. All of them are at the high-end of the range and good news is priced in. The QQQ has …

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