One Option Trading Blog http://ift.tt/2h9KUL1 Posted 11:00 AM ET - Yesterday the market opened with a bang and then retreated. Of the last nine opening rallies eight have failed. This is not the bullish price action I have been looking for during the strongest two week period of the year. Stocks rebounded Thursday and that reversal has some follow-through this morning. The breakout needs to happen in the next day or two or I will start reducing my longs. Mega cap tech stocks always spark optimism. Apple posted good results and the stock is up 4% overnight. This will boost the tech sector. Now that tech …
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