Hugh Grossman

Founder,

DayTradeSPY

About Hugh

DayTradeSPY, now a part of Eagle Financial Publications, was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, he instead developed his own trading system centered around day trading SPY options. Mr. Grossman’s straightforward one-legged trading methodology is simple. He trades calls and puts, buying and selling in that order. No spreads, no complex techniques or long-term holds. DayTradeSPY is one of the longest, continuously running trading rooms in the world. In addition to the daily Trading Room, Mr. Grossman is the editor of three additional trading services called Pick of the Day, Signal, and Inner Circle which all focus on trading options on the SPY.

Hugh's Articles

SPY: How I Differentiate Between Retracements and Trend Reversals

Is it a retracement or trend reversal? If we knew the answer to that question unequivocally, we would be sitting on a beach in Tahiti. Instead, you have the next best thing: My take on what constitutes a retracement verses a trend reversal and why clarity on this is crucial, advises Hugh Grossman, founder of DayTradeSPY.

Hugh Grossman

TECHNICAL ANALYSIS

Tickers: SPY

SPY: How to Trade When “Outlier” Events Sideswipe Stocks

It happens. An outlier event collapses the SPDR S&P 500 ETF (SPY). It could be something as innocuous as an economic report that, at other times, would hardly move the needle. But this is an occasion when patience most often pays, although you may have to wait several days to recover from this slip, notes Hugh Grossman, founder of DayTradeSPY.

Hugh Grossman

STOCKS

Tickers: SPY