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Tuesday, April 16, 2019

Market Will Test All-time High - China’s Numbers Will Be Important


One Option Trading Blog http://bit.ly/2GfX25D Posted 9:30 AM ET - The market is waiting for a catalyst and earnings could push stocks to an all-time high. Valuations are at the upper end of their range and good news is priced in. Buyers are typically engaged through mega cap tech announcements and the bid should remain strong for two more weeks. Financials jumped last Friday and they have taken a pause. Bank earnings were fueled by higher interest rates and the results yesterday were good, but not spectacular. Netflix and IBM will report after the close today. The announcements will really crank up next week. Signs of …

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