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Friday, April 26, 2019

GDP Was Great But Intel Could Keep A Lid On the Rally


One Option Trading Blog http://bit.ly/2IYeEWQ Posted 9:30 AM ET - The market has been treading water at the all-time high and traders are hoping that strong profits will push it through. Mega cap tech stocks have reported this week and the results have generally been good. Domestic economic conditions are strong, but they are soft globally. Microsoft and Facebook posted strong results yesterday and the market was not able to stage much of a rally. Amazon posted huge results after the close and the stock is up 2%. Perhaps the bigger news is Intel. They lowered guidance for the entire year and cited a decline in …

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