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Stocks end with intraday losses

As I was expecting a few hours ago, this market wasn’t strong enough to sustain the gains and closed lower on intraday basis. SPY opened at $118.53 and closed the day at $117.55, not a huge loss, but an evidence of losing steam. Also periodicals are speaking about downside risks outweighing upside.

I will see what the market will do overnight and if it confirms itself in falling (the futures will point to a lower opening) I might buy SPY puts.

Happy trading!

2 responses to “Stocks end with intraday losses”

  1. Cosmos says:

    Great info on investing!

  2. Pok Lordi says:

    Stock investing?

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