The stock market is spinning it’s wheels from day-to-day. This shouldn’t be a surprise considered that is the thesis for most of 2015.
Day traders are actually in a better position than swing traders. At least we get the first or last 90 minutes to fins a pocket of volume. The SPY did a light 75 million shares today. Less than half of the recent bullish trend day.
If you are having a tough time finding good trades, watch today’s video for how we recommend crafting a game plan.
Stock Trading Recap 10-19-15 | Monday Video
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End of Day S&P 500 Map 10.19.15
S&P 500 heat map about as neutral as you get. No bias from this pic other than an oil and gas short-sale tomorrow.
SPY End of Day Chart 10.19.15
Basic materials reversing the one month trend today.