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CNBC Options Action July 14, 2017

Decline in oil i just dont want it. The action begins right now. We saw some explosive moves out of these names nvidia searching 12 just this week facebook up nearly 6 and hitting an all time high today microsoft hit a new high today that stock up 5 this week apple has been on a tear, so should you buy these names as we head into earnings season . I think it makes sense to be careful. Microsoft is up 5 on the week up about 7 over the last couple of weeks here. Its at a new all time high. Today. So, as we think b about what were anticipating, a good quarter and good guidance and it makes sense to think b about e bank stocks reaction today where there was news about what their quarters lookeded like each one had a little piece of news that surprised investors and the stocks were down 2 . They closed decent lichlt part of this is at this point, the play for a continued consolidation, the move might be muted. You could see it down downside to me, it makes sense to be cautiously optimistic. ....

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