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10/23/15 Another Bullish Day for SPY

已有 424 次阅读2015-10-24 03:37 |系统分类:炒股计划

Wall Street is ending the week on a bullish note, as stocks surged today after strong earnings results from the key tech sector and an interest rate cut by China to stimulate flagging growth in the world's second-biggest economy.

SPY up another 1.19% to highest 207.71  from 205.26 last night close. It was amazing that 2.2% for a week and 8.1% for Oct. so far (16 trade days)!   10.5% up from the recently low 187.91 on 9/28/15.

My account continue to down first option down 66.08% and 2nd down 37.74%. 

I am kind of numbed now as I know there is no way to against the trend. But I also doubt the huge uptrend momentum can hold long. I am going to wait until next Friday. I also need check SPY historical trend to see how long a huge up/down trend usually hold. 

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