First week of the August option cycle turned out to be pretty bullish as the $SPY closed solidly above the 50 SMA. The last time a weekly close came in above the 50 SMA was back in April. I didn’t notice any fireworks or sirens that went off but anticipate that if the 200 SMA were to be overtaken there might be some fanfare. Hope you have a good weekend and enjoy the links.
Coffee Vs. Energy Drinks – The Caffeine Wars
A Complex Link Between Marijuana and Schizophrenia
Stanford Psychologist Carol Dweck on “Mindset: The New Psychology of Success”
Alcoholics Anonymous: 75 Years Of 12 Steps
Pulse of the Nation: U.S. Mood Throughout the Day inferred from Twitter