Follow Us: TwitterFacebookRSS feed

Daily Option Trading Commentary

Will Mega Cap Tech Earnings Be Good Enough?

April 23
Posted 9:30 AM ET - Earnings releases will determine if the market can break through the all-time high. Stock valuations are at the upper end of the trading range and good news is expected. Major tech companies will announce this week and they will set the tone. Microsoft, Intel, Amazon and Facebook will report in the next few days. Buyers are engaged during these announcements and they typically spark optimism. There are also a number of cyclical companies that will report earnings. This could be the first quarter where profit margins decline due to higher input costs. The economic news…

 

Stock Option Trading Education