One Option Trading Blog https://ift.tt/2qCQExm Posted 9:30 AM ET - Yesterday the market gapped higher and it was able to hold the gains. Many of these moves have been faded recently and nasty reversals have resulted. I viewed the price action Monday as constructive. Earnings season will ramp up and profits will calm nerves. The S&P 500 is up 16 points before the open and it will trade above the 50-Day MA. Netflix reported excellent results after the close Monday. Investors have been wondering if lofty valuations will hold in a market filled with uncertainty. For the time being the answer is yes. Tech stocks are …
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