S&P 500 hits record with Alibaba IPO underway via ForexLive

The S&P 500 opened 7 points higher to a record 2019.

There could be some skews today because of quadruple witching and because the SPY ETF goes ex-divided.

Technically stocks look good but if this IPO flops or once it's done and the hype train dies off there's the chance of a reversal. Tread carefully.

S&P 500 daily

posted via ForexLive