Small gap up so chances are the gap will be filled.
Nothing to say on Global ES, I'm neutral. A little overshot, so maybe pullback a little here? We have pullback almost every morning then up and up and up anyway.
SPY dividend day today, so don't be surprised it's red.
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Here is a chart of the bollinger bands.Everything is over extended ..The P bar that I had 2 days ago indicated dn to 137.60 and a smaller one near close yesterday dn to 139.92.If the mkt pulls back into the Bollinger band the 137.60 is possible.Chart by stocktiming..So lets watch.
I'm not sure now, the big picture, gold might be turning down.
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So how does the dividend work? Since I own SPY, the value I lose in the share price I will get back in a dividend in a couple of days? Anyone know how this works?
Thank you.
fulkdaddy wrote:So how does the dividend work? Since I own SPY, the value I lose in the share price I will get back in a dividend in a couple of days? Anyone know how this works?
Thank you.
yes, you'll get cash.
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Are you confused yet? SPX new highs, SPY is wallowing, AAPL just printed a 3rd wave down but is sorta cancelled by their expandaWave program. I am sitting here with my losers hoping a plane crashes into something politically important. GLTA jimme
as usual, a morning dip, such a dip as usual will be bought and here's the normal pattern, a little different then before. we'll see.
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PRICE IS SSO (per cobra/dividend)…SSO not spy
Nyadv 1300 and nydec 1300 = 50/50 range day so far….
PS: Right out of the gate VIX was down -7% to 14.3 and piercing or almost piercing the lower bolinger again…
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
European pump/dump lately starting a little earlier than 11:30EST. ~ 10:20-11:20 EST. Watch EEM/IWM for a queue of the direction past this time. It provided a good scalping opportunity last few times.
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.