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NEWS Futures did not look good this morning, and the market looked like it was ready to have another blood bath of a day, but if you remember what I talked about in yesterday's post, if SPY opened below 300 but above 297, that would be a good sign and that if it maintained that 297 support level then it could try and move past 300 and beyond. Needless to say, it bounced through 300 really nicely a...
Powell and retail reports tomorrow
Jun 16, 2020
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We've got a lot of things going on in the market this week, and currently the futures are pretty red. It's going to be interesting to see what happens, and these are the things that I will be looking for tomorrow morning. SPY has two levels of support for tomorrow's open: 300 and 297. Depending on where SPY opens up tomorrow morning, it will indicate the direction the market will be going tomorrow...
The market will go crazy this week
Jun 15, 2020
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Chewy recently went public and since their IPO their stock has had a turbulent ride, but here’s why I’m investing in them now... but first, a little overview of what Chewy is. Chewy Inc. is an online service that provides food, toys, treats, and medication for your pets. They are essentially the Amazon for pets. They offer a subscription service to have your pets needs delivered when it?...
Why I'm investing in Chewy (CHWY)
Jun 13, 2020
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