One Option Trading Blog http://bit.ly/2CPqCOP Posted 9:30 AM ET - Yesterday the market tanked after Apple warned investors that earnings would not meet expectations. A few months ago this company had the largest market cap in the world and now it is down 40% from its high. Earnings season is upon us and other warnings might be pending. The S&P 500 is up 30 points before the open on positive news from China. These gaps higher have frequently been faded and the downside will be tested. Apple's news will cast a dark cloud over earnings season. Traditionally, stocks have rallied a week ahead of the announcements …
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