Posted 9:30 AM ET - The Market is treading water near the all-time high and the summer doldrums have set in. We are in a news vacuum and there aren't any catalysts. We can expect choppy price action for the next two weeks and prices will firm up ahead of earnings season. I mentioned this would happen after the FOMC meeting and swing traders should have bullish put spreads on. Time decay is working its magic and your stop should be below technical support. If that support is breached, buy back your put spreads. Day traders need to tread cautiously. Wait …