One Option Trading Blog http://bit.ly/2FW5jvs Posted 9:30 AM ET - Last week the market surged through horizontal resistance and it finished 2% below its all-time high. A better than feared PMI in China sparked buying on Monday and solid domestic economic results throughout the week fueled the momentum. Earnings season will start Friday and banks will set the tone. Good news is priced into the market and dark clouds are being ignored. ISM manufacturing was better than expected, but ISM services, durable goods, retail sales and ADP were light. The jobs report on Friday rebounded nicely, proving that February was a fluke. As long as domestic …
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