TLT just joined the party intra-day. A up. That thing is nuts this month. (not the best of news for equities I would think, but I'm sure I'm wrong)
let me know when BMY runs out of juice. I have a small position(400shares) and have been waiting for the current run to crap out to sell some calls. Fair dividend so I am not going to sell outright, and wish I had added to, but was grabbing other stocks on a plan that involved a weighting of purchases. We will see how that plan works out.
Market is looking weak here and still consolidating. Most sectors in the red...In some MA for the C-down right now. What does everyone think? We get some weakness into the close?
Kinda feels like that. Maybe a weak afternoon, weak open tomorrow setting up for Turn-Around Tuesday? I only say this because we seem to be unable to make the monthly A down in the S&P so it seems like the rubber band has to snap back at some point... right?
Why, do you have a Monthly A down? I don't follow the futures, so not sure if that's below Mav's level? I was looking at 120.19 in the SPY, (right about at my weekly 119.79)
Whew, Ok, gotcha. Thought I'd missed something on the macro level. Thanks for clarifying, much appreciated.
You can only do this stuff with the ETF's, not the futures. Yup, spreads are a no go for retail. Need to be prop.