One Option Trading Blog https://ift.tt/2FrnAhL Posted 9:30 AM ET - Last week the market bounced on better-than-expected earnings from mega cap tech stocks. The NASDAQ 100 is above its 100-day moving average and that support level needs to hold. The political news has settled down temporarily and the focus is on profits. There is another potential speed bump this week and swing traders should on the sidelines. The FOMC will release its statement Wednesday. 10-year U.S. Treasury bond yields have been flirting with the 3% level the last two weeks. That psychological barrier needs to stay intact for the market to move higher this week. If …
No comments:
Post a Comment