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Daily Option Trading Commentary

Market Still Has Upside - Try To Weather FOMC Speedbump 

July 24
Posted 9:20 AM ET - Early last week the market made a new all-time high and it spent Thursday and Friday holding on to gains. Earnings season will climax this week and mega cap tech stocks are on deck. This will keep buyers engaged, but we will have to weather a speed bump (FOMC statement). Google posts after the close today, Facebook announces Wednesday and Amazon will report on Thursday. Apple will not report for another week and it is the last of the mega cap tech stocks to report. The excitement will wane after Apple and that is when…
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