Entries by Brandt Bakunoff

OTC: August 31, 2016

OTC: August 31, 2016 By Steve Smith SPX/SPY: The market remained in sideways mode with a bearish tilt as it tested the recent range lowSPY 217 level but managed to bounce again. The rate hike talks still ring in traders’ ears from all forms of media, which makes the employment report the only thing left this week to […]

OTC Options Supplement: August 30, 2016

Options Supplement: August 30, 2016 By Daniel Darrow Yesterday’s positive momentum was erased in trading today as stocks sank on the session. TheS&P 500 gave back .20% while the Nasdaq finished off .18%. Averages opened mostly flat but came under pressure early as big cap tech began to get hit.AAPL (-.77%) was knocked lower following […]

OTC: August 30, 2016

OTC: August 30, 2016 By Steve Smith SPX/SPY: The market remained slow again today testing the low end of the new higher range. The dollar DXY had a nice move up causing oil USO {see chart below} and gold GLD to fall. The sideways, low volatility action looks to continue as we finish out the […]