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General Options Blog
More Earnings This Week – $YUM $EBAY…..
Tuesday Morning Reads – 7/14/15
Stock futures traded flat overnight, digesting three trading days of positive action. Last night was the first in a long time where Greece and/or China was no where to be found among the headlines, which is remarkable considering its almost all the media has been covering the last few weeks.
This mornings reads:
Final Boarding Call – Boeing $BA
Monday Grecap
While the headlines of Greece and China are moving the market the last few weeks, overall its been a very healthy pull back from record highs. Anyone following the market the last 6+ years knows that every named sell off has turned into a tremendous buying opportunity for the stock market.
When stock futures opened Sunday night they were deep in the red. When investors awoke this morning a massive reversal was underway with S&P500 futures up some .8%. Those gains were built upon as the trading session progressed. The Greek gap down of weeks ago was filled, leaving behind last weeks strong support.