Weekly Speculation

I didn't carve out the time to post my speculation for the week, between staying at home with kids and yard work, speculation took a back seat on Monday.

Last Monday I posted about SPY bullish trend line


The short term bullish trajectory is not sustainable, a retracement is to be expected, 240 support, if not we may be testing some new lows.

My inner bear thinks new lows are likely, however, we can only trade what we see, not what we think or hope may happen. For the short term, SPY is still bullish.

Comments

  1. The short-term bullish trend still holding strong today.

    ReplyDelete

Post a Comment


Active Portfolio Management



Evaluating Investment Performance


To assess how well your investments are doing, you'll need to consider several different ways of measuring performance. The measures you choose will depend on the information you're looking for and the types of investments you own. Learn more.



Asset Allocation


Asset allocation is a useful tool to manage systematic risk because different categories of investments respond to changing economic and political conditions in different ways. Learn more.



Diversifying Your Portfolio


When you diversify, you aim to manage your risk by spreading out your investments. You can diversify both within and among different asset classes. Learn more.



Rebalancing Your Portfolio


As market performance alters the values of your asset classes, you may find that your asset allocation no longer provides the balance of growth and return that you want. In that case, you may want to consider rebalancing your portfolio. Learn more.




Source: FINRA.org