Another flat day for SPY as market is staring to consolidate.
Nasdaq flat day holding up the short term trend line. A break below might see some profit taking.
Extended market causing low energy /choppy action in individual stocks. Hit and run trading for us as we are not seeing many explosive moves on a tired market. Big earnings coming up next week. AMZN, FB. GOOGL report earning next week. Given how far all of them ran, it would be interesting to see if we have some “sell the news” after earning release.
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