Is SPY Going to New Heights? Let's see.
Post date: 2024-04-23 14:51:18 GMT
Let me preface this by saying we, at AbleMarkets, are NOT bears. As in bears like the guys who bet on the markets going down. We are just quants and like the numbers do the talking. Yes, often, via Artificial Intelligence (AI), as the latter saves us A LOT of time.
But enough about us. Let’s talk about SPY. What do you see? A bird? A plane? We see negative to SPY news and investors largely selling the index. How can this be? Who is buying? Sadly, your average retail investors make up the bulk of buyers this week. Not kidding. Stay tuned for more details.
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