Thursday, January 08, 2015

an tSionna {01.08.14-SPY}

First stock chart of the year!!!




Sorry for the typos in the captions.  Had some issues with putting this together.  Notice that so far each recovery comes from a higher low than the previous.  That is usually a positive pattern for stocks.  

The one thing to watch in the next couple of weeks is whether the volatility we've seen in the past few weeks continues.  Sometimes volatility like this can point to a change in trend down the road.  Stay tuned.

*Long ETFs related to the S&P 500 in client and personal accounts although positions can change at any time.  

Chart is from FINVIZ.com.  

I will be posting on a Monday-Thursday basis until further notice.  Next post from me will be Monday unless something comes over the transom.