S&P's banking ETF

watching if KRE will give us some clues about the market today, if it goes and stays below 35 get defensive, above 37 and rally is not over yet

QQQ around resistance, now we can have a new leg up if we can absorb the supply above and hold, OR, rejection and a start of a new leg down.

Russell, found support at 20 dema and on anticipation that things will improve.

                                                                                                                                                            notice volume

The economy and the stock market observations.

Today marks the end to a historic month.

From the month's low close on April 1 to today's before market open levels, the SPY is up more than 20%. In that same period, more than 85% of the SPY's gains occurred from the gap opens. And through yesterday, the SPY had gapped higher by at least 40 points for six straight days. Markets always evolve and unique behavior is normal and natural - but this month's overnight action is unforgettable.
It looks like the argument you can't pump $10 trillion in fiscal and monetary policy actions without generating higher stock prices is winning.