Live: Tuesday, April 10, 2018

4/10 – 3:15 p.m. New York time

SPY remains below the high of April 5, continuing its sideways movement. I have exited no positions and entered none.

4/10 – 11:50 a.m. New York time

SPY remains bound within a range, today’s high so far staying below the April 4 peak within the present sideways move. Like yesterday, it’s a wait-and-see day.

Facebook Inc.’s CEO Mark Zuckerburg testifies before Congress today about the company’s handling of user data security. FB is has the 4th largest market capitalization among the S&P 500 companies, so if his hearing produces any OMG! moments, the index on which SPY is based might get a short-term bump.

The entry analysis for my positions on SPY are here and here.

By Tim Bovee, Portland, Oregon, April 10, 2018

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.

License
Creative Commons License

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at www.timbovee.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s