Algorithmic Stock Picks and Investment Ideas

StatsEdge Pro 01/05

The holiday choppy action continues. $580 on the SPY 0.00%↑ is still the number, and he held that number again this week. Next week, I expect a little more institutional action from the markets, but we have another shortened week with a holiday on Thursday.

This choppy action is okay for us since our mean reversion and pullback algorithms work well in chop. So we continue to watch that $580 area, and above that, I am going to take the alerts that my systems put out.