I saw the futures on Monday, thought “hey, the week is off to a good start”. Woke up on Tuesday, preparing for the week, looked at pre-market futs and saw SPX down -22 points.
The market doldrums – they have been brutal of late. Not because they are creating losses, but because momentum isn’t necessarily being sustained. The market gains in the morning quickly fade into the afternoon, only to provide a token rally in the final 15 minutes of trading.
If you had looked at futures last night, you would have thought the bulls would have SPX up over 40 points heading into the final hour of the day, today. But no, we are at the same place that were were at when futures opened up at.
The Dow couldn't go up for ever, it had to experience a day in the red in the very near future. Today the time has come, and it is making its presence known, by wiping out more than two day's worth of gains for the bulls and to retest the breakout level on SPX's declining
Monday’s swing-trades: Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and start making some profits for yourself! Long Weight Watchers (WTW)
Whether Trump plans to pull out of the Iran deal remains to be seen. Personally, I think he pulls out, but you have conflicting reports between CNN, who says he stays, and Bloomberg who says he leaves.
Good start to the week. The bulls are certainly trying to run this market through the 50-day moving average. So far it is providing some resistance for the bulls, and that means we'll need to keep a close eye on things, to make sure we are ready to book gains, should another sell-off occurs again.
The bears were holding it together early on, and once we made new lows on the day, I’ll admit, it sucked me in. I have three long positions, and I went ahead and started to curb my long exposure by adding SDS (a 2:1 inverse of the returns on SPX).
The hardest part of earnings season is behind us. Last week required a lot of tricky navigation.
‘Da Bears are back in in charge. And just like that we are looking at another test of the 200-day moving average on the S&P 500 (SPX). On the Nasdaq 100 (NDX), you have a head and shoulders pattern forming, though not yet confirmed.
spc@shareplanner.com
(904) 800-8420
© Copyright 2025 | SharePlanner Inc. All Rights Reserved.
Disclaimer: The information provided on this website is for educational and informational purposes only. Ryan Mallory and/or SharePlanner are not licensed financial advisors, brokers, or tax professionals. The content on this site should not be considered as financial, investment, tax, or legal advice.
All information and opinions expressed herein are based on sources believed to be accurate and reliable. However, we make no representation or warranty as to their accuracy, completeness, or reliability. Any action you take upon the information on this website is strictly at your own risk.
Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. All investors should make their own decisions based on their specific investment objectives and financial circumstances.
This site may contain links to external websites that are not provided or maintained by or in any way affiliated with Ryan Mallory and/or SharePlanner. Please note that Ryan Mallory and/or SharePlanner do not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.
By using this website, you agree that Ryan Mallory and/or SharePlanner and any affiliated parties are not responsible for any losses or damages resulting from your use of or reliance on the information provided.
It is strongly recommended that you consult with a qualified professional before making any financial decisions.