beckyhiu

EOY Market Direction

BATS:SPY   SPDR S&P 500 ETF TRUST
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Could see a bounce if AAPL bounces along. Need to watch for Q4 earnings in Q1 due to release of new products along with Christmas and Black Friday sales ( AAPL doesn't offer much d/c but there are some). Some underinvested mutual and hedge fundies chasing performance could push the SPX to 1500 before year end. We're watching...Hurricane Sandy would cause a ripple, but how much so? Stock market is closed today (10-29-12) and possibly tomorrow. How much in trading is lost, besides physical damage?

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