$SPY jumped yesterday above the gap resistance with healthy gains in the other markets especially the small caps ($IWM) again putting up a stellar gain of 4.92%. $WTI oil is somewhat stabilizing which is supporting the beaten down energy names and banks who loan to this industry.
Looking for $SPY to digest its gains at this level.
$ES futures are down -18 handles after horrendous European data. On the other hand tech heavy Nasdaq $NQ futures is up about 12 handles on the heel of perceived good earning from the likes of $FB, $TSLA, $MSFT, etc.
Looking for $SPY to digest its gains at this level.
$ES futures are down -18 handles after horrendous European data. On the other hand tech heavy Nasdaq $NQ futures is up about 12 handles on the heel of perceived good earning from the likes of $FB, $TSLA, $MSFT, etc.