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SPY Surging Thru 100-day MA - Sit Back and Enjoy the Ride

Posted 9:30 Am ET – The market rallied off of support last week and buyers are aggressive. Earnings season is in high gear and the results have been fantastic. The SPY is Surging overnight and it will open above the 100-day MA. For in depth analysis on how low interest rates and Fed money printing have resulted in a strong appetite for stocks, please read my comments from Monday. GOOG posted incredible results and it is going to split 20:1… finally. Perhaps AMZN will take notice (earnings Thursday). FB announces after the close today and analysts will be gauging the impact …



This post first appeared on Option Trading | Options Trading Strategies | Lear, please read the originial post: here

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SPY Surging Thru 100-day MA - Sit Back and Enjoy the Ride

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