I SPY Future Wedgie

SPX futures look weak, but I SPY a big wedgie, no tanking until it breaks the wedgie. Can't imagine there's going to be a lot of buyers tomorrow though since it's the day before a holiday weekend.

Health care sector shows that there's very little liquidity at this price level. Not sure what, if anything, is going to cause the broader market to tank since there's no interest rate hike coming. It's due though, ridiculous that stocks are going up with poor guidance.

Kommentera:

Decided to take a peek at the market before it closes, can't find any compelling trades. No positions at all until next week.... I may stay out of it for a week, better than getting whipsawed around like this week.

Healthcare did bounce like I expected, wish I had bought some SUPN in the morning, oh well.

Remember, this market has gone full anorexic, what goes down must come back up. BTFD, lol. GL.