**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.**
“Wealth is the ability to fully experience life.” – Henry David Thoreau
The Fed did nothing as expected and stocks remained very choppy as a result.
The Nasdaq is acting weak after leading companies within are reporting poor numbers while the S&P and Russel 2000 are showing some strength so mixed action is tough to play, so I’m not.
I remain all cash and cautious since numbers are not so great at all in many leading stocks.
Enjoy your evening and the boring markets we have at the moment.