SMF Street

SMF Street Traders Online Stock Market Trading Analysis, Videos, Commentary

March 2012 Blog Posts (1)

Stocks Perfectly Negate Biggest Sell Day Of 2012

The market pushed higher again today. The last two trading days erased the sharp Tuesday decline. The collapse on Tuesday was the biggest point drop of 2012. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $136.76, +1.07 (0.79%). While most amateurs have regained their bullish composure, the true pro traders are still skeptical. With the SPY hovering at gap fill and the markets yet to take out their 52 week highs, the bullish case is still lacking.



This bullish action is ahead…

Continue

Added by inthemoneystocks on March 8, 2012 at 1:24pm — No Comments

Follow me on Twitter

© 2013   Created by SMFStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service