When it comes to trading SPY, anything can happen. So in the last 60 minutes of a short week when there’s an unusually big move, don’t call it a comeback! This is just business as usual, so it’s important to not let your bias get in the way of missing these gains. Instead of trying … Read more
A couple weeks ago for one of my first blogs on Stonks and Whatnot on 5/8 I wrote my prediction about where the S&P could be headed, seeing new ATH based on the daily chart 10-day MA crossing over the 50-day MA, amongst other bullish indicators that had me leaning toward the call side for … Read more
Yesterday I made a humble prediction that SPY would continue bullish based on the potential 10-day MA crossing over the 50-day, along with the bullish candle from 5/8. Maybe it’s luck, or maybe it’s just trusting the TA, but today’s close on SPY has given me a reason to be excited that my original $530 … Read more
For a daytrader watching SPY for an intraday scalp, some days can feel infuriating, which is why I chose to not try and pursue my once dream of being a “daytrader” per se; I know myself too well, and sitting there all day waiting for a move can feel like watching water start to boil … Read more