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Monday, October 2, 2017

Market Breakout - Ride the Calls You Bought Last Week - More Upside


One Option Trading Blog http://ift.tt/2xS3wor Posted 9:00 AM ET - Last Friday the market broke out to a new all-time high. Good economic news over the weekend is overshadowing the horrific shooting in Las Vegas. Stocks are poised to move higher ahead of earnings season. My heart goes out to the victims in Las Vegas. Acts of terrorism have not sparked profit-taking and we won't see much of a market reaction. China released a strong PMI and readings reached a level not seen since 2012 (52 .4). Global economic conditions suggest moderate growth and this will be a busy week of releases (ADP, ISM manufacturing, ISM …

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