Tag Archives: SPY

Danger Zone

Low volume rise in the market has SPY nearing gap and trendline resistance. Is this the last of the hot money chasing it up here? Be on the lookout for a topping candlestick. ——————— ———————

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Employment Preview

We have some interesting data on tap this morning with the nation’s employment situation being laid bear in about 10minutes. Consensus estimates are for between 9.6 and 9.8% December unemployment. Last month we got a bit of an upside surprise, … Continue reading

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SPY – Hourly Chart

Good morning. Futures are soft going into the last trading day of the year. I am looking for a weak day in general, and figure upon a loss of about seven points in the S&P500, with a close near $125 … Continue reading

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SPY SIGA GA CKSW MBT MANT HLS

Nice comeback today which has served to reinvigorate the bulls. Continued strength afterhours has SPY nearing the highs of Tuesday. Volume was down, at 75% of average, and we might expect that for most of the remaining days this year. … Continue reading

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Failed Breakout

Well we got our new highs today, but they didn’t stick. The market sold hard at the end of the session and closed on its low. Rumor has it there is news forthcoming with regards to the FBI’s massive, multi-year … Continue reading

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