BUY or SELL “SPY “

July 31, 2017

On December 31, 2016, you were holding 4,905 shares of SPY @ $223.53 = $1,096,415

On July 31, 2017, your 4905 shares of SPY  @ $246.77, are worth $1,210,415.

Your paper profit for the first seven months of 2017 = $113,991 ( $16,285 per month since January 1 )

The 200 day simple moving average of SPY  is below SPY’s current price of $246.77, so SPY continues on its BUY signal until August 31.

See also June 30 commentary  ( Archives on Right ) for a complete understanding of how I follow the SPY model.

Richard Maurice Gore

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