Posts Currently viewing the tag: "$SPY"

—————— TUES JULY 24 —————— Google earnings interrupting my put play, their earnings were huge too. Right now SPY is wedged between the 5ma and the 10ma. Based on the weekly trends this should be a period of consolidation and retraction. But building a base here could also be a launching area for bigger movement.…(Read More)

THURS JULY 19 Futures pulling back overnight, basically stocks just flat after a big run. 280.05 still support and holding but is the key line like it was yesterday to defend. My guess is SPY is sideways today before moving more unless we get a breakout at open. The pattern leading into today is…(Read More)

First of all, this is my first blog post in almost exactly four months. I’ll write another post on why that is and what happened, but for now you can sum it up to in a hurry to make money. This is a sin and the fastest way to lose money in the market…(Read More)