Monday starts a new chapter on the $SPY. I was fully expecting a run up to $420 before we got to this point, but markets have run out of juice here. Debt ceiling talks have been fruitless, and Biden leaves for Japan tomorrow.
SPY
pretty much flat lined today, and more surprising we didn't see 0dte surge at the end of the day. While some singular stocks are performing great, the whole market looks like it's ready to start a summer seasonal correction. The closer we get to June 1st debt ceiling... the more panic/volatility we could see in the markets. Buckle up.
SPY
pretty much flat lined today, and more surprising we didn't see 0dte surge at the end of the day. While some singular stocks are performing great, the whole market looks like it's ready to start a summer seasonal correction. The closer we get to June 1st debt ceiling... the more panic/volatility we could see in the markets. Buckle up.