The market had a big surge on 3/20, and there was a gapped which has been filled on today’s pullback.
The market’s put in an impressive performance on the heels of a very bad week on news flow- nothing but bad economic numbers this week. A flat market with such bad economic news suggests it is all priced in to me.
I went long 1,000 SPYs today at $132.06- that’s the ETF for the S&P 500. Looking for a couple of points on this trade next week. More later when I have more time.