SPY Thoughts April 23

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups**

“You cannot be all things to all people. Don’t be afraid to make people mad. Your honesty will inspire your true followers.”  Anonymous

Pretty good action today from the indexes but leading stocks have really begun to act well and are working now that earnings are coming out in force.

I finally had a busy day today and we bought quite a few stocks but still not in heavy size, perhaps light medium size at most.

I got a lot of feedback for my real-time service today and the consensus is overwhelming that you guys only want what I’m doing in my main account.

As it turned out, I did that today which was the first day in while since I’ve done much at all.

Perfect timing!

Let’s get right into the index charts before we move into lots of stocks tonight and all our new positions.

SPY April 23, 2014SPY is doing well even on lighter volume but that has been the way its been for the last year or two.

A move above $188 is an add level and then of course into new highs.

I’d really like to see volume pick up into new highs.

Have a great Wednesday

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