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Wednesday, May 10, 2017

Market Will Grow Impatient With “The Swamp” - Fed Could Spark Profit Taking


One Option Trading Blog http://ift.tt/2q314rA Posted 9:00 AM ET - Yesterday the market opened at an all-time high and it spent the entire day drifting lower. By the close the S&P 500 was in negative territory. Tech is lifting the market and we need leadership from other sectors. The biggest tech companies have announced and the excitement will wane. Financials have yet to catch a bid and energy stocks have yet to show signs of life. The healthcare sector is flat as Congress works on a new bill. Basic materials have been drifting lower and a soft patch in China's economic data will weigh on this …

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