Although the market seemed to be trading upwards today, we saw minimal gain if any. Pre-market trading opened us low today giving a rocky start to the week. The tech and healthcare sectors manged to see some light, unlike the financials who finished deep red. Most importantly the $SPY was rejected at $300!! This is a highly talked about key level for the S&P. If it breaks through things could be looking very bright, but we will have to wait and see. Again, keep an eye on Home Depot ($HD) they saw decent gain today. With that being said today was like your average Monday… long and slow.
The Common Trader 