Equities took an expected breather last week, but ultimately leaving the S&P 500 (SPY) down just a tenth of percent. Perhaps more interesting was the U.S. Dollar (UUP) pullback, leaving Commodities (DBC) commensurately...
Read MoreLast week the portfolio saw an increase by +2.76%. For the coming week a number of stocks will be replaced. TLT did quite well given the bullish stock market environment. I will further reduce my TLT exposure. Portfolio Profile...
Read MoreVolume was light and we drifted lower, but there was constant support under the surface. Strength in small-caps and news that Facebook expects to announce its initial public offering next week ignited a wide range of internet...
Read MoreUp and Down volume are fairly well matched, but price is struggling to maintain its current level and most of the range has been below VWAP. Meanwhile, the rising ten-day moving average continues to contain the downside;...
Read MoreAfter 3 weeks, we finally had our first day of decent selling. Euphoria over the Federal Reserve’s low interest-rate announcement was reversed early on. The Fed is back on the sidelines and major earnings mostly done. What...
Read MorePrice action is taking a mild breather after yesterday afternoon’s post-FOMC...
Read MoreChairman Ben Bernanke made it clear that the Fed is ready, willing and able to act should the economy falter. The Fed feels the economy is weak enough to justify keeping interest rates low until the end of 2015, but the prospect...
Read MorePositive tick has me thinking this congestion zone just below the pivot breaks to the upside. How price will do at SPY $132 resistance remains to be...
Read MoreBlue-lined markup comparison of the January versus December Federal Open Market Committee statements below. Slowing Growth Inflation Subdued Continued Accommodative Stance Low Rates Expected to Late 2014 One Dissent Don’t...
Read MoreCan’t fight this tape as much as we are ‘due’ a pullback… VIX is sub-20, let’s see how VWAP behaves on its first test...
Read More
