We’re about to do some work on the database that could only be done during market hours with live data and some of the things we’re implementing so I had to get this recap out to you early. There will be no trades logged from around 11 EST until around 1 EST maybe a little earlier. Sorry for the inconvenience but there’s some things that have to be done during market hours.
The SPY has rejected a move over the 50 day so far today, lots of time left in the session but we’re stuck in this range between the 50 and 100 day. We have a big week ahead with the fed meeting the next 2 days and mega cap earnings starting tomorrow with Microsoft and Google. Visa today should be a good read on how consumers are doing. There isn’t much to say until we get out of this 6 month range, if great earnings from all these names including the megacaps this week don’t do it, it might be a little while until we have the catalysts in place for that move.
Scanner
Here are today’s large cap momentum scans from the database. The small and mid cap scans can be found in the database link below.
My Open Book
