Replies to post #229096 on SPDR S&P 500 (SPY)
Bonds much stronger than $SPY past month. Wide 1-month spread. Bond bears not too happy of late. $TLT pic.twitter.com/QzfanGMJcW
— Chris Kimble (@KimbleCharting) April 19, 2017
Cause for a pause, let that sink in... https://t.co/7IBIIo3eBR
— Pro-Life (@ProLife4U2) May 15, 2017
S&P 500 not seeing the intraday strength in breadth nor momentum to hold above its prior 2440 high. pic.twitter.com/Mn8GwtUhl0
— Andrew Thrasher, CMT (@AndrewThrasher) June 9, 2017
"The last time the S&P 500 was up 5 days in a row, with 4 of those days >1% or more, and never closing beneath the 200-day MA was in October 1982.
It happened yesterday also."
The last time the S&P 500 was up 5 days in a row, with 4 of those days >1% or more, and never closing beneath the 200-day MA was in October 1982.
— Ryan Detrick, CMT (@RyanDetrick) February 16, 2018
It happened yesterday also.
Finally, some bad news from Goldman for the BTFDers: "Should the next crash happen closer to a recession, markets may be less likely to rebound quickly."
Only 11% of S&P 500 components are above their 50-day MA.
— Ryan Detrick, CMT (@RyanDetrick) October 12, 2018
This is the lowest since early '16. pic.twitter.com/wCMg0Fw3Xe
If Monday's action wasn't fun enough, this Friday we prepare to send off the year with a quadruple expiration, a day in which all four of the different types of options and futures contracts expire on the same day. Historically, quad witching weeks tend to be extremely volatile as large derivative positions are rolled over.
And here is the kicker: since 1990 the average weekly spread between the high and low for the S&P 500 during December quadruple witching weeks is 3.11%. That doesn’t sound like much but it’s nearly twice the 25 year average and using Friday’s closing data would result in a potential range of 2679 on the high side and 2518 on the low side for the S&P 500 this week.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |