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SPY opened up $.80 today and traded all day in a very narrow, tight range from a high of $556.25 to a low of $554.19. SPY closed down 12 basis points at $555.28 after making another new all-time high. The market is clearly tired and needs to digest the massive move from last week to build energy for...
There was no post market recap for Wednesday as it was a half day. SPY on Friday opened up $.31 after moving higher by @ $2.50 during the limited session on Wednesday. The market continues to rip straight up on relatively low, holiday week volume. Today SPY tested $553 shortly after the open, pullin...
SPY gaped down $1.64 but quickly found support at the low of the day at $543.65, closing the gap by 9:40 am ET. Prices chopped around until 10 am when the market decided Powell’s optimism about inflation coming down would eventually lead to cuts in interest rates. The market turned decidedly bullish...
SPY opened up $1.41 after finding support again late Friday at $543 like it has all last week. The market didn’t move higher however, and instead once ISM PMI was released at 10 am ET, sold off to the $543 level, where it once again found support. After three attempts to break this level, SPY marche...
SPY gapped up $.79 as PCE was in line with forecasts. The market took the news as a sign that inflation is falling and would provide a green light to the Fed to lower rates. The market pushed higher quickly and by 10:12 am ET had made a new all-time high at $550.28 by $.16. $550 is a big round numbe...
SPY opened down slightly but traded higher out of the gate to overhead resistance at $547. SPY bounced around in a range from $545 to $547 until 10:40 am ET when it decided to retest lower levels of support, falling as low as $544.61 a couple of times before closing the day at $546.42, up 17 basis p...
SPY opened down slightly and traded lower, finding support at $543.17 shortly after the open. SPY then bounced off support reaching $544.80 before reversing course once again and retesting the lows. There again the market found support and traded higher to $545.45 where it found resistance again and...
SPY opened up $1.25 and initially traded lower, finding support at $543.03 by 9:58 am ET, where it reversed course and headed higher, reaching $544.48 where it traded sideways before retesting the lows from yesterday at $542.44 @ 1 pm ET. Finding support once again at the lows, SPY then reversed cou...
SPY opened down $.18 trading lower and finding support at $543.71 by 9:45 am ET, when it reversed hard, rallying to the high of the day of $546.95. SPY then traded back down to $544.66 before bouncing once again back to $546. SPY chopped around for a few hours until the market finally picked a direc...
SPY opened down $2.60 and continued to trade lower, finding support at $543 to close the day down .46% at $544.51, hovering near major support at $545. Profit taking continued in heavies like NVDA, which pushed the market lower. Friday was monthly options expiration and well as Futures expiry so the...
SPY opened just shy of $1 and reached a new high after the open of $550.12, after which the market sold off to major support at $545.18 before recovering to close the day at $547, down 27 basis points. The Nasdaq fared a bit worse losing .79%, with the Dow gaining .77%, and the Russell losing .42%. ...
SPY opened up slightly and spent the entire day chopping around in a very tight range between $546.73 and $548.62. SPY closed up slightly heading into the holiday tomorrow at $548.49, up .25% while the Nasdaq closed up .03%, with the Dow gaining .15%, and the Russell following suit, up .19%. Volume ...