SPY On The Move As We Head Into The Thick Of Earnings
Warren Bevan | Jul 21, 2017 01:47AM ET
"Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin
No summer doldrums as we move well through earnings.
We’re seeing some super, super moves and more look to be ready to go.
I do love to take more time off during summer but that is always dictated by markets and this year is quite busy.
I do a lot of waiting around for trades and when they come I pounce.
The trend remains up and the bull market intact.
SPDR S&P 500 (NYSE:SPY) is on the move again out of a small 3 day bull flag.
With some major heavy hitters like Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc Class A (NASDAQ:GOOGL) entering the earnings confessional next week we should see strength continue I imagine.
Hopefully we can take a little time off once earnings season begins to slow down but time will tell.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.