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Trading with The Fly

Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,426 Blog Posts

Fading End

Dr. Fly Mon Mar 23, 2015 4:12pm EST 6 Comments

Nice little sell of there at the end of the day. Breadth was 54%, led by gains in basic materials and consumer goods. It felt like the fast money was simply transferring from one retarded space to the next, out of biotech into oil and silver.

This is the 9th day since The PPT flagged OS, 13 points ago in TNA–when the SPY was a touch under $205. This cycle has been a complete winner.

Thanks for playing.

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6 comments

  1. matt_bear
    matt_bear
    March 23, 2015 at 4:31 pm

    the action in HCA smells like buying the rumor of US Supreme Court upholding.

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  2. jonny
    jonny
    March 23, 2015 at 5:51 pm

    https://woodfordfunds.com/insight/yellen-wall-street/

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  3. budh
    budh
    March 23, 2015 at 7:34 pm

    Rich people need to pay the workers a little more. The rich will still be rich.

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  4. ironbird
    ironbird
    March 23, 2015 at 7:38 pm

    Spooky lack of volume today. Even Ibankcoin traffic appears a ghost town. Is everyone long the greenback and biotech?

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    • 0 Deem this to be "Fake News"

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