Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Market Tracker, 6-15

|Includes: LPHI, SPDR S&P 500 Trust ETF (SPY)

      After much waiting,the market finally broke out today. The volume was relatively low, so it's possible that tomorrow the market will re-test what has likely become support around $SPX=1100. However, it looks like the up-segment has been launched. I plan to enter more long positions at the open tomorrow. This will likely be a low-risk entry point if the support I mentioned earlier is valid. I'm going to enter a position in SPY tomorrow at market open to add exposure for this up segment.

Disclosure: Long LPHI