There are 33 days before the May options expire, 61 the June and 89 the July.
On the jump, market stats, mediawatch, rules, econ reports, portfolio and a good book...
Blue chip stocks (SPY) closed the latest regular session down 1.6% from the prior close. During the day SPY traversed -2.1% high to low in a net move down intraday of -1.2%.
Today's extremes: Open $120.86, high $121.29, low $118.75, close $119.36.
SPY closed below the range of the DeMark pivots. The next DeMark pivots are $117.79/$120.35.
In total, 4.6 billion shares were traded on the three major U.S. stock exchanges, up 700 million from the prior day.
Mediawatch: Goldman Sachs is the new Greece. Everyone blamed Goldman Sachs for today's stock decline. AP and Reuters. | Financial consultant Leslie Masonson describes a strategy for using relative strength to trade exchange-traded funds for increased returns. |
Econ reports:
The index of leading economic indicators at 10 a.m. This has been pointing toward recovery for some time. Many would wish that if it is leading, it would lead a bit faster.
As the sage once said: "An untimely direction is directionless."
Dividend shares: AOD, JNK, NLY
Zombie shares: MCO, PALM
Good trading!
New to private trading? Here's a look at How to Become a Private Trader.
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