$SPY doing a bit of erasing in yesterday’s session. It’s PM looked solid, but the boys had other plans. After printing new ATH’s, the ETF did some cliff-diving down to Monday’s lows. The blame game points to Stimulus, but does it really matter?
This morning, $SPY is gapping up in the early hours of the session; but it’s still very early.
FM’s making moves into the final 2 trading sessions of 2020, so expect some decent sized f#$kery.
Currently, we’re looking at 6 securities in today’s PM session; however, this will get adjusted as we get closer to the bell.
Sectors: Consumer Discretionary, Health Care, RE, Tech
As always- if this, then that.
Keep it simple.
Members, check the Video Library for our detailed plan.