One Option Trading Blog http://bit.ly/2Uvd2KU Posted 9:30 AM ET - The market has been as flat as a pancake this week and traders are waiting for a catalyst. Earnings season will determine direction and major banks have reported results this morning. Financial stocks are rallying and the S&P 500 will open 20 points higher. J.P. Morgan Chase, Wells Fargo and PNC kicked off earnings season. All three stocks are up before the open and the good results were fueled by higher interest rates. Guidance was also solid and the market needs financials to participate if it is going to challenge the all-time high. Buyers are typically …
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