Two weeks ago while on vacation I wrote this market related post wondering if the most recent down move would lead to a higher level of market volatility or simply retrace and be back to business as usual. Well it appears that we have our answer as it is back to the #NewNormal. In the past four trading days the SPY intraday range has been 82 cents and that includes Friday's price action following an unexpected jobs report that gave us a 99 cent range.
This is the market we are in now. If you are continually looking to make "market plays" you are expending energy on an area that is not providing a good risk/reward. Every day we are seeing a few stocks have unusual moves that warrant our attention Read more [...]
Two weeks ago while on vacation I wrote this market related post wondering if the most recent down move would lead to a higher level of market volatility or simply retrace and be back to business as usual. Well it appears that we have our answer as it is back to the #NewNormal. In the past four trading days the SPY intraday range has been 82 cents and that includes Friday's price action following an unexpected jobs report that gave us a 99 cent range.
This is the market we are in now. If you are continually looking to make "market plays" you are expending energy on an area that is not providing a good risk/reward. Every day we are seeing a few stocks have unusual moves that warrant our attention Read more [...]