Tag Archives: SPY
Top in sight! Stock prices rallied strongly this week, despite the awful devastation in London. We told you in last Friday’s Hotline to expect a bounce, so we’re not in the least surprised. The real question is: What comes next?
A crack in the armor! If you’ve been following these Hotlines the past few weeks, you know we’ve been expecting a dip in the stock market before the major indexes reach a temporary summer high. Well, Mr. Market sometimes takes longer than expected to do what he’s supposed to, but we finally got that pullback yesterday and today.