Stock Market Course And Heading 06/22/20

After sailing through a violent storm that dropped the seas by  249 points or  7% the week before, last week proved to be fairly benign.

We start this week at 3098 expecting the seas to find a range between 3005 and 3191 so we will be in a holding pattern until we close in on one of the ends of the range.

Captain's Boat Log:
  • Cautiously launch boats at or below the 3000 level.
  • Continue sailing boats already at sea to the 3200 - 3300 level.
  • There are no short sailings planned.
Fair winds and following seas!

Trading Tide Levels (at the time of the post):
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