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Trading SPX, /ES, SPY Tomorrow
Last week there was a major shift in the S&P and financials so as traders wait on Powell tomorrow and Thursday, here are three setups to watch.
The 15:50 Trade Works Again
With 10 minutes till the bell, companies can’t buy back their stock. Many times at that 15:50 time, stock sell off. It worked today well.
A Restful Start
Today the SPX opened and closed about the same on what was a tight range. I’m looking for more of the same until we hear from Powell Wednesday and Thursday.
Don’t Call It A Comeback
Indices rallied as the FOMC signaled that a pause is more likely and data suggested they need to pause.
Bad AAPL?
As I am sure you are aware AAPL reported after the bell today. Since reporting it’s currently down the expected move of $6.50 Will that be enough to spoil the bunch? Let’s look through that and more tonight.






