Markets experienced another meltdown, but for day traders that understand how and when to trade extended volatility, it was a bonus day says Kevin Haggerty – and it’s obvious why.
Despite Europe’s sovereign debt problems and the market’s daily knee jerk reaction to each bit of news for the last 3 weeks, Kevin Haggerty expects the SPX to trade back above 1200 by Labor Day. Find out more in today’s commentary.
Stocks ended in a slump last week, but surged on Monday after European Union officials approved plans to bail out Greece. Is the market on it’s way back? Here’s Kevin Haggerty’s take.