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Wednesday, April 17, 2019

China’s Growth Back On Track - Key To Market Rally


One Option Trading Blog http://bit.ly/2PhyGwi Posted 9:30 AM ET - As the market inches higher we will raise our safety net. Earnings season has started and the results so far have been good. China's numbers suggest that conditions are gradually improving and stocks are up before the open this morning. Banks have been reporting good numbers and higher interest rates are helping. This week's earnings releases are dominated by the financial sector and it is the key to the next leg of this rally. Netflix is up slightly after announcing and IBM is down after cloud computing revenues missed. Stocks are trading at the upper end …

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