I wrote to a friend yesterday…”
General markets roaring ahead today I see. I’m no chart guy, but looking at a 6 month daily SPY chart, up near the 50 dma, it suggests another dip soon, and or if it does NOT dip soon it looks like a decent wave back up if the right thing hits the news.
Today re earnings reports, Dow SnP should have gone up today, but it only happened pre market and early on. Now I’m thinking about adding funds to that little short play.