 Welcome. This is Melissa. I remember the stocks was reviewing the spy here. So I'm taking a look at the market. You know markets not over the high yet in the spy and I know a lot of people are on this and you can't deny the fact that the market's been rallying but it's kind of a pathetic rally. To me when I look at this I say we're in a range. The range had widened but it's still a range nonetheless and so until we just until we to be honest with you until we break over the high I you know we're in this range the weight range is going like this like here's the range like first it was like this and then it peaked a little bit above it it could peak to a little bit of above it today this this doesn't this doesn't count this is still in the range okay market is having a hard time breaking out here in the spy there are some things that are dragging this down one of the things are the financials and although people are in here along with all the markets very strong and I know the QQ's made new highs the fact is that the spy could present a problem here and again I'm looking at the sector of the financials to be the real problem with it the spy could present a problem here about getting over the high where it's August okay we got five more months left to the end of the year there's less than August September October we have three more months left to the election that's hard to believe it's actually crazy doesn't even feel like an election here the way things are but anything can happen anything can happen between now an election period and certainly between now and the end of the year all the big earnings are out already that would affect this market and if this market was gonna blow over the highs I would have thought it would have done it on something like a big blowout earnings which could have happened in a conjunction like Amazon and Apple together or whatever and you didn't have it in Amazon you did have it in Apple and even though it moved the Q's higher this spy has been lagging but you can't deny the strength in the market if you've been short you've been losing here unless you did selective days to me this is still in a range and I can't wait to see where it goes but I will be watching it I've been reading the market very well this year I do read the market very well it's tricky it's tricky I don't get it right all the time but I get it right a lot more than I get it wrong and I get it right more than anybody quite frankly that I know and the reason is because I read gaps I read the bearish caps in the market I read the bullish caps in the market just like here today and we are very much driven by news right now in this market not so much by the economy hard to believe I know considering the unemployment rate and everything else and all the businesses shut down we've been more news driven than economic driven and anything else that doesn't really make a lot of sense for people to follow fundamentals but you've got to respect the price and you got to respect the numbers and the market isn't an uptrend and that's just a fact if you'd like more information and want to learn how to read the market and how to regaps email me and Melissa the stock switch calm the next class for this earning season is August 8th and 9th and you can still sign up the deadline is Friday thanks everyone and stay safe