A Quiet Day

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups.  Subscribe to my nightly Daily Trade Ideas on the right to see the rest of this letter.**

“For every minute you remain angry, you give up sixty seconds of peace of mind.” — Ralph Waldo Emerson

A pretty slow day for stocks as we now move into the stronger part of the week and we should see some nice moves materialize.

More and more stocks are giving us good earnings numbers and a gap up and as long as they hold and setup a new buy point we will have lots to choose from going forward.

SPY February 25, 2015SPY is into new highs again so it has blue skies above, or no resistance.

There will still be setbacks or consolidation phases but this bull market continues and has a ways to go.

The past year we rested a bit and we look on the cusp of another good up-leg now this year.

Have a nice night.


Leave a Reply

Your email address will not be published.