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Tuesday, July 30, 2019

Market Rally Will End This Week - Here’s Why


One Option Trading Blog https://ift.tt/2GyNKTe Posted 9:30 AM ET - I don’t have anything new to add today. There is not any incremental news to justify the 15 point S&P 500 drop this morning. Major economic releases are scheduled the rest of the week. Earnings season has been strong so far. Fantastic results are expected and Apple will be the last of the mega cap tech stocks to report today. Amazon, Facebook, Intel, and Netflix were down after reporting and Microsoft and Google traded higher. Sellers typically remain passive in the first few weeks of earnings season because it is "front-loaded" with the best companies reporting …

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