John Carter Analysis: Markets, GOOGL, JPM, CVX, AAPL

John Carter of Simpler Options reviews key markets for Friday, June 20, Options Expiration. The S&P 500 continues to grind higher. TLT rallied nice after the FOMC and then gave it up on Thursday, which helped stocks. The move in yen also helped move stocks along. Gold is the most noticeable move with a huge rally this week. The one thing Carter is cautious on is the put/call ratio, which is at an extremely bullish level. This type of indication historically leads to pressure on stocks, not the end of the world but something to be aware of. Markets, however, are certainly due for a rest. He wraps it up with individual names, including GOOGL, JPM, CVX, AAPL.