Mike Swanson's picture

Stock Trading Questions - Mike Swanson (06/22/09)

Last week I sent a small survey out to people who just signed up on my free email list the past four weeks to get some ideas of stuff to talk. The responses really had no common theme to them so I just sat down and tried to answer a group of them, most of them had to do with specific stock trading questions or what the market is doing right now.

Yes I think the stock market had made a significant top at around 950 on the S&P 500 that will become the key level to keep an eye on for the rest of the summer. I'm looking for some back and forth action though between 900-930 for this week though before it goes any lower.