A couple of weeks ago I mentioned on Zstocks site that the SPY was heading
to 115.89.
1. Earnings have been good
2. Mid term elections underway (typically the market rallies out of these)
3. The Fed continues to inflate and rates are still near 0%
4. There is not a better alternative than stocks 2-3 years out.
115.89 is still my near term target for SPY. 126.00 is still possible by year end.
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This site is for stock and ETF traders. My intention is to educate and help traders gain experience-- a glimpse into what other traders are doing. As a retail trader you are at the mercy of the markets and the few big players that can control price movements. Here, you will find trading ideas mostly. On occasion I will post actual trades.
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