OIL HELPED THE SP500 BEARS

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

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

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

Earning Update Sp500 #SPX

Private – Removing Exposure Today

The trade lasted one more day that expected given the strength of the market.

Negative Price Action Today #SPY #SPX

Waiting for an up move on the EUR/USD which could contribute to add bull pressure to US Indexes. Today’s price action was not healthy for the bulls It was looking better at the close yesterday https://www.mariorandholm.com/2018/05/22/two-gaps-this-week-spx/