There are 17 days before the October options expire, 52 the November and 80 the December.
On the jump, market stats, econ reports, and the trading calendar . . .
Blue chip stocks (SPY) closed the latest regular session up 0.4% from the prior close. During the day SPY traversed 1.6% in a net move up of 0.3%.
The day's extremes: Open $114.42, high $115.04, low $113.18, close $114.76.
SPY closed above the DeMark pivots after trading below their range. The next DeMark pivots are $113.97-$115.83.
In total, 2.9 billion shares were traded on the three major U.S. stock exchanges, 6% more than the prior trading day.
Very slim pickin's.
Petroleum inventories are out at 10:30 a.m. Eastern. This report can move the energy sector, sometimes quite dramatically.
Others: Mortgage bankers' weekly report on purchase applications, leading indicator of home sales, at 7 a.m. And farm prices at 3 p.m.
By my rules, at this point in the cycle I can trade shares. Seriously. It's an awkward time in the calendar.
What I'm looking for:
- CMG: Pullback to near the 20-day moving average ($166.81) for entry as a bull play. Analysis.
- ENDP: A move below $34.26 as an exit signal. Analysis.
- LO: A move back above 1% from the 20-day moving average, 2) a decisive bull phase from the fast stochastic, or 3) a whipsaw back to bull phase on Person's Proprietary Signal. Analysis.