Equities are moving, but $SPY is pretty much flat. I believe market is just setting itself up for a sudden drop that will catch a lot of people by surprise, just like I mentioned in the morning. I am stay cautious, but with lots of ideas to short. Here is what i am looking at:
Equities are moving, but $SPY is pretty much flat. I believe market is just setting itself up for a sudden drop that will catch a lot of people by surprise, just like I mentioned in the morning. I am stay cautious, but with lots of ideas to short. Here is what i am looking at:
$SPY opening pretty much flat today after yesterday's slide. This morning analysts expected the CPI (Consumer Price Index) to rise 0.2 percent last month. In the 12 months to July the CPI rose 1.4 percent, slowing from June's 1.7 percent rise. The news are always important, but working with the charts do give a better
$SPY opening pretty much flat today after yesterday's slide. This morning analysts expected the CPI (Consumer Price Index) to rise 0.2 percent last month. In the 12 months to July the CPI rose 1.4 percent, slowing from June's 1.7 percent rise. The news are always important, but working with the charts do give a better
$SPy failing to hold the 141 level. So far as I write this, the $SPY just filled the gap from yesterday 140.77. The correct way is for this market to sell a bit. It should not be an extensive correction, just a breather. Hopefully we get under 140.55, and gap down tomorrow. That should be
$SPy failing to hold the 141 level. So far as I write this, the $SPY just filled the gap from yesterday 140.77. The correct way is for this market to sell a bit. It should not be an extensive correction, just a breather. Hopefully we get under 140.55, and gap down tomorrow. That should be
$SPY flirting with with VWAP 141.09. Backed up from today’s highs. Overall it is clear that the market is exhausted, most of the commodity names that were doing so well the past week, are not down significantly from today’s highs. The $SPY is now showing a clear invert head and shoulder pattern. well that will
$SPY flirting with with VWAP 141.09. Backed up from today’s highs. Overall it is clear that the market is exhausted, most of the commodity names that were doing so well the past week, are not down significantly from today’s highs. The $SPY is now showing a clear invert head and shoulder pattern. well that will
Finally a catalyst to make this market move. The move started as Europe strengthened the case for further stimulus measures from the region's policy makers and following better-than-expected retail sales data in the United States. These are really great news, but I am really curious to see how the $SPY will react at the big
Finally a catalyst to make this market move. The move started as Europe strengthened the case for further stimulus measures from the region's policy makers and following better-than-expected retail sales data in the United States. These are really great news, but I am really curious to see how the $SPY will react at the big