{"id":1188,"date":"2009-06-21T23:46:43","date_gmt":"2009-06-22T04:46:43","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=1188"},"modified":"2023-08-01T21:32:15","modified_gmt":"2023-08-02T01:32:15","slug":"the-week-that-was-june-15-21-2009","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-week-that-was-june-15-21-2009","title":{"rendered":"The Week That Was: June 15 &#8211; 21, 2009"},"content":{"rendered":"<p>The SPY was finally a little weaker this week, as the range moved down slightly, starting the week at 94, moving down to 91, and closing at 92. This coming week, the levels I will look at are 93 as resistance, and 90 as support.<\/p>\n<p>Some of this week&#8217;s links:<\/p>\n<p>An interesting look at the possible moves the Fed will make in the upcoming months. Really good read, this could give you some insight on possible scenarios that could play out.<\/p>\n<p>A clip from 1994 regarding the Internet. It&#8217;s funny to hear how it was regarded just 15 years ago. We&#8217;ve come a long way in a pretty short period of time.<\/p>\n<p>An <a href=\"http:\/\/www.ritholtz.com\/blog\/2009\/06\/bill-gross\/\" target=\"_blank\" rel=\"noopener\">interesting article on Bill Gross<\/a> in the NY Times. I&#8217;ve got to side with Barry Ritholtz on this one. I think Bill Gross has had an agenda for too long, and every time he talks you have to wonder what his real motive is.<\/p>\n<p>Goldman Sachs is <a href=\"http:\/\/www.calculatedriskblog.com\/2009\/06\/record-bonuses-on-tap-for-goldman-staff.html\" target=\"_blank\" rel=\"noopener\">on track for record bonuses<\/a> this year. Probably one of the most ridiculous things I&#8217;ve read in a while. Nine months ago the company effectively bailed out Goldman by bailing out AIG, and now the company is paying record bonuses? This is absurd.<\/p>\n<p>A little <a href=\"http:\/\/globaleconomicanalysis.blogspot.com\/2009\/06\/breakdown-of-feds-139-trillion.html\" target=\"_blank\" rel=\"noopener\">alphabet soup accounting<\/a>. The Fed is taking on an awful lot of obligations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SPY was finally a little weaker this week, as the range moved down slightly, starting the week at 94, moving down to 91, and closing at 92. This coming week, the levels I will look at are 93 as resistance, and 90 as support. Some of this week&#8217;s links: An interesting look at the possible moves the Fed will &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/the-week-that-was-june-15-21-2009\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":167,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1188","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Week That Was: June 15 - 21, 2009 | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/the-week-that-was-june-15-21-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Week That Was: June 15 - 21, 2009 | SMB Training\" \/>\n<meta property=\"og:description\" content=\"The SPY was finally a little weaker this week, as the range moved down slightly, starting the week at 94, moving down to 91, and closing at 92. 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