Video Watchlist for the week of June 17, 2013 :
BIZM covered first, AMZN @ 8:50 mark, AAPL @ 15:37 mark, SPY @ 30:00 mark
For my general market take moving into this week, simply watch the last 11 minutes of the video starting at the 30:00 mark in which I give my outlook on SPY.
For the most part SPY is channeling between $161-$165 and I expect that to continue. However, a break out above or break down below the channel, and SPY will see volatility in that direction. Why? Because of the current levels in the VIX.
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