Hello Everyone,
Quick Notes: Nice gap down and morning weakness with the major indexes all closing down except for the Dow Jones which managed to eek out a 0.1% gain today. The weakness was clearly concentrated in the big cap tech area and semiconductors, while strength was concentrated in the banks, financials, and energy. Commodities all had a great day, save for natural gas. Even the precious metals did well with gold up 1.5% as it rallied off that support zone we
discussed, and silver gained 4%. Gold stocks also out-performed for a change.
Topics Discussed: SPY Systems, Market Indexes, hedging ideas, Indicators, Bonds, Commodities, and of course trade ideas
have a great night,
Matt
-----------
2/11/21: New DVT for SPX 3780