Market Will Grind Higher - Backdrop Is Bullish For Next 2 Weeks

One Option Trading Blog http://ift.tt/2ucVyoC Posted 9:30 AM ET - Yesterday the market staged an impressive rally and the S&P 500 closed above horizontal resistance levels (now support). Buyers are engaged ahead of earnings season and we should see positive price action for the next few weeks. China's trade numbers were strong and Monday they will post retail sales, industrial production and GDP. Earnings season will kick into high gear in 10 days. We will hear from major banks (JPM, WFC and C) tomorrow. Netflix will post results Monday after the close. GOOG will post on Monday, FB on Wednesday and AAPL on 8/1. Mega cap …