Gotta love ZERO RISK in the SP500 = $$$

Retail sales yoy was a little over 4%. The past month es gasoline was 1.2% with the prior months revised upward. And yet rates are falling.

If AAII reports bulls in the teens, ya just have to buy no matter what sort of tomfoolery is going on.
 
S2007S said:
Watch the support levels on the S$P.....right around its 50 day moving average is 2055, we might close below that today ...could drop to its 200 day once it closes below its 50 day average ...its 200 day is 2012 a drop below that and will probably be back at the lows we saw in early 2016.
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Well we closed under right? Not sure if SPY and $SPX are different
 
S2007S said:
Watch the support levels on the S$P.....right around its 50 day moving average is 2055, we might close below that today ...could drop to its 200 day once it closes below its 50 day average ...its 200 day is 2012 a drop below that and will probably be back at the lows we saw in early 2016.
More...

Statistically speaking, a close below or above a moving average does not mean a thing, it's as useful as a coin flip.
 
FreakofNature said:
Statistically speaking, a close below or above a moving average does not mean a thing, it's as useful as a coin flip.
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Especially over the past year or so...We've criss-crossed that 50/200 day MA multiple times...Occasionally it doesn't even blink as it slices thru them.
 
Have no fear the magic futures are here, up down up down. just watch the magic futures work there overnight night magic. You have to admit chances of the overnight rally are pretty strong for tonight.
 
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