One Option Trading Blog http://bit.ly/2IotuWf Posted 9:30 AM ET - Yesterday the market took a breather and we saw late day selling for the first time in weeks. The headwinds are blowing as we approach the all-time high. Earnings season will start Friday and the expectations are high. Reuters reported that profit margins will contract for the first time in years due to rising costs. Stocks are trading at the upper end of their valuation range and good news is priced at. Buyers are typically engaged through mega cap tech earnings announcements so the bid should be firm. The FOMC minutes will be released this afternoon …
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