To gain an edge, this is what you need to know today.
Without A Correction
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- It is the first day of the month. Blind money will pour into Wall Street as is the usual pattern.
- Blind money is the money that investors put in the stock market on the first couple of days every month without any analysis and irrespective of market conditions.
- Typically blind money is invested in the afternoon.