Posted 9:00 AM ET - Yesterday the market shouldered a fairly hawkish FOMC statement. The Fed will start reducing its balance sheet in September and a December rate hike is likely. Stocks treaded water after the news and they shot higher after the Close. Facebook is up 7% after announcing earnings and Tech Stocks are poised to run this morning. Amazon will post results after the close today and Apple will post after the close next Tuesday. This is the climax for Q2 earnings and the news has generally been good. Once mega cap tech stocks report the excitement will wane. …
This post first appeared on Option Trading | Options Trading Strategies | Lear, please read the originial post: here