S&P 500 INDEX MODEL TRADING PLANS for THU. 06/08 The precarious rally of the last month has been baffling many, with the lack of the breadth in the rally was concentrated in just a handful of big-tech names. With the major news cycles in the rear view mirror, that red hot bull could be losing (more…)
THE GIST (“THE WHAT”) Rallying at the open, the S&P 500 index pulled back fractionally shy of testing the key 4300 level. Registering the day’s high at 4299.19, the index traded lower for the remaining part of the session, closing near day’s lows at 4267.51, down 16.35 points (-0.38%). Decline in mega-cap tech stocks alongside (more…)
