SPDR S&P 500 Index ETF (NYSE: SPY): A Picture of Indecision
April 28, 2011 at 14:27 PM EDT
The red lines on the chart below represent the trading range of the SPDR S&P 500 Index ETF (NYSE: SPY) yesterday (Wednesday). As you can see, trading remained very concentrated throughout the day, as both bullish and bearish investors traded on the assumption that U.S. Federal Reserve Chairman Ben S. Bernanke would move the markets. [...]