Day Trading Weekly Review - July 18th. Meir Barak

1,195 views · Published 17 July 2016 · 2:22 · Indexed 22 September 2026

Channel: Meir Barak - Day Trading · 2016 · Education

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The S&P500 finished up for the week by 1.5%, a new all time high and up by 5.8% for the year. 
Brexit? Terror attack in France? A coup attempt in Turkey? The market didn’t care. Money keeps pouring into stocks and institutional investors who are now afraid to lag behind their competitors, are forced to chase the price high. The market is trending higher, recently published US economy data is good, interest rate remains low, therefore the market should continue higher. 
We are moving in the quarterly earning season and as a trader I expect to find a lot of interesting intraday opportunities. 

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