I bought some SPY after the election, bout 2 weeks ago, sold it yesterday, overbought. I don't like this rally much, all on speculation. Earning won't change come January, they will be whatever they were going to be. With the SPY overbought, and rallying on speculation mostly, I will wait for a pullback. Maybe an interest rate hike.....?
10 replies to this topic
#11
Rich C
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Posted 30 November 2016 - 05:31 PM
Blogging at http://RichInvesting.wordpress.com
My swing trades typically last a couple of weeks to a couple of months.
