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Market Update #SPY

randholm
July 1, 2014 5:55 pm / Published in Market Update

Market Update #SPY

Wall Street kicked off the beginning of the 3rd quarter with a solid rally so far. The Dow is within reach of the 17,000 milestone while the S&P500 and Russell2000 both push towards record levels. Tomorrow is the last full trading day of the week before the July 4th holiday. The markets will close at 1pm EST on Thursday but the jobs report will still be released that morning.

We still wait for our entry point and have 2 weeks until expiration. The call side can be dangerous as long as this manufactured economy is in effect, pushing record highs every other session.

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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.

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