beckyhiu

EOY Market Direction

BATS:SPY   SPDR S&P 500 ETF TRUST
0
Could see a bounce if AAPL bounces along. Need to watch for Q4 earnings in Q1 due to release of new products along with Christmas and Black Friday sales ( AAPL doesn't offer much d/c but there are some). Some underinvested mutual and hedge fundies chasing performance could push the SPX to 1500 before year end. We're watching...Hurricane Sandy would cause a ripple, but how much so? Stock market is closed today (10-29-12) and possibly tomorrow. How much in trading is lost, besides physical damage?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.