Can you say thin to WIN?
Tomorrow we have a light economic schedule starting with Import and Export Prices, Consumer Sentiment and Dallas Federal Reserve Bank President Richard Fisher speech on 10 years at the Fed in San Antonio.
Mutual funds have been buying all month.
MOC buyers 9 out of the last 9 trading sessions.
Short expiration week / Closed next Monday for Presidents day Tuesday and Tuesday has been up 21 / down 10 of the last 31 occasions.. TurnAround Tuesday?
Algos having a hay day with the buy stops
Is the bus getting too full? or are we going to 2120?
High: 2085.00 Late
Low: 2072.30 Early
Last: 2084.70 UP 19 handles
Volume: 1.35 Mil ESH and 2k SPH traded in the pit
MOC: MiM showed Sell $80 and actuals came out $80 mil to BUY
Don’t discount these expiration stats either…
-Friday up 17 / down 14 of the last 31
-Monday not so good up 12 / down 6 of the last 18
-Tuesday up 21 / down 10 of the last 31
-Wednesday and Thursday are both up 16 / down 15 of the last 31
-Friday WEAK up 13 / down 18 of the last 31.