The SPY finished today at 131.97, just above sma50 at 131.92. That’s too close for comfort for me. After this week’s move from the 126 range to almost 132, I can’t help but wonder if we’ve run too far, too fast.. and the timing bothers me: end of the quarter, end of QE, Greece calms, …
Press releases are hit and miss. Most of the time they are absolute fluff designed to keep heat off a stock or to pump it up for a surprise or, even worse, a dilution. The majority of the ones I see in the small cap space are garbage. On the other hand, anytime you see some …
Morning folks. Market lookinglike a slight gap up today. Its been a great week this past week repairing much of the damage that june did to people’s portfolio’s. But end of the quarter is here….we’ve moved above a key resistance level of s&p 1300. Thats going to be one of the key levels of support …