Is the economy expanding?

June 24, 2020 5:04 pm / Published in SP500, SPX, SPY
I will allow the market participants to tell me. As far as I can see my models tell me to be careful at these levels. Chart from this article in the NYTimes.com The U.S. Entered a Recession in February. If sellers can not take the SP500 to 2920, the bulls should not worry much

OIL HELPED THE SP500 BEARS

April 22, 2020 12:04 pm / Published in SP500
Yesterday’s price action on the OIL market was unique. We traded to a negative number in the front month contract expiring today, thus OIL helped the bears trading the SP500. As of now, it seems the selling is not continuing but for me it does not mean much. We price moved away from the SUPPLY

Private Post: Bears found buyers: waiting for confirmation

December 10, 2018 4:03 pm / Published in SP500
Money Inflows was again adding fuel to tech stocks similar to last week. Is this the end of the leg down?

Banking Sector: $62 billion profit: #Reuters Data

November 20, 2018 4:24 pm / Published in SP500, SPX, SPY
U.S. banking sector reports $62 billion profit in third quarter: FDIC Why investors do not talk about this? WASHINGTON (Reuters) – The U.S. banking sector reported $62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, according to quarterly data from the Federal Deposit Insurance Corporation. The

PRIVATE POST – Earning Update Sp500 #SPX

October 30, 2018 1:09 pm / Published in Earnings, SP500, SPX
Earning Update Sp500 #SPX

Private – Removing Exposure Today

July 10, 2018 10:20 am / Published in * Trade Alert, SP500, SPX, SPY
The trade lasted one more day that expected given the strength of the market.