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SPY opened down $.83 on overnight weakness and profit taking. In the first hour the market fell a bit further until it found support once again at $532.50 where it reversed course and rallied to close the day at $535.66, trading inside of Friday’s range and up 31 basis points. A couple of tests of $...

SPY opened down $1 on stronger than expected Non-Farm Employment data which not only showed close to 100,000 more jobs added than forecast, but also rising wages. While the Unemployment rate ticked up to 4%, it is still quite low by historic standards. The Federal Reserve wants the job market to wea...

SPY gapped up today over $2.30 on weaker than expected ADP employment figures and initially sold off until it found support at $529 @ 10 am ET. The market then entered a relentless bull trend that didn’t give way all day with SPY closing at a new all-time high of $534.63, up 1.19%, reaching a new hi...

SPY opened down @ $1.75 today and moved a bit lower, finding support at $525 by midday. The morning was filled with chop with little opportunity for profit. By the afternoon the market found its footing and pushed higher @ the 2 pm hour, reaching a high of $529.15 before stalling and settling virt...