Markets traded in the green for most of the session on Tuesday, only to find weakness in the last hour and fifteen
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Tag Archives: spy
Monday Market Recap
Stock futures plunged after the Jobs report on Friday.
Today the market realized that bad is again good - It recovered Friday's losses and for good measure proceeded to rally an additional .6%.
It was the second consecutive Monday rally. Last Monday's rally was swiftly negated the following trading session. Will tomorrow see stocks suffer a similar fate?
S&P500 Futures RED Friday and GREEN Monday:
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Thursday Morning Market Video
Tuesday Market Recap
Stocks opened the day lower, rallied back to even, and then collapsed into the close, ending the last day of the quarter sharply lower.
S&P500 Futures are now trading below Monday's open.
Today's late day action wasn't the only excitement. Numerous trading vehicles had to be halted in the middle of the session, including the $VXX. The $VXX halt was 5+ years in the making.
Was today's late day trading action an indication of what is to come? Or was it a product of end of quarter window 'undressing?' More on that and some potential moves coming for $TLT, $SSYS, $TWTR, but first: here are tonight's scans:
Unusual Option Activity - 3-31-15
Stock Scans - Bullish / Bearish Crossovers
The market, despite what the VIX is saying,
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Thursday Recap
There was no currency flash crash, no FED meeting, making for a rather dull day, aside from some impressive stock moves in names such as $TWTR, $WYNN, $TSLA. I could post a dozen assorted charts tonight, but in the interest of time I'll just keep it simple. Keeping it simple usually is just the easier thing to do - That is a Captain Obvious Quote, if it wasn't already obvious.
$WYNN rocketed 6% higher today. What a difference one day can make. Yesterday I talked about how terrible sentiment was for the stock, and today investors couldn't buy it quick enough. More on that in a few. What about the market? Where is it headed?
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