Blue-lined markup comparison of the September versus November Federal Open Market Committee statements below. Economic Strengthening Consumer Spending Picking Up Housing Weak Jobs Weak Inflation Moderated One Dissent Looking for...
Read MoreA few minutes to go has price sucked into the VWAP. Internals are strong, although the VIX has held relatively firm in the mid-30s.
Read MoreWe are back to the Oct 20th level and after a 80pt retrace, but bullish argument into year end is beginning to look better. Europe ‘s situation continues to remain volatile. Greeks hesitating to accept the bailout and...
Read MoreWow, knew we were vulnerable, but what a rout — the VIX is up 10 points in two days….
Read MoreAbout time we had a 2% pullback from the blistering upside action. 25% retracement area comes around $124 on SPY and 38.2% retracement is SPY $121. Do you feel lucky with new month money and Ben on...
Read More~{;->} Pumpkin text attempt above. Third test of the lower bounds of the ATR bands was the charm for trend day continuation lower. AD was trying to lead the internals higher, but it just couldn’t hold on. The sideways...
Read MoreThere is a battle going on for the third slot, meanwhile TLT’s retrace keeps the model in cash. It’s interesting to see the slate remain net bearish in spite of the major equities recoup. Never Investment...
Read MoreThe S&P 500 (SPY) broke it’s two-hundred day moving average, finishing up another +3.7% on the week. The NASDAQ 100 is even challenging its 2011 highs as the VIX shows some nascent stability below the 30 line. Can the...
Read MoreThese are the trades I’m going to take for the coming week. In case you consider mirroring my trades, make sure you do your own homework upfront in order to match your personal risk profile (not investment advice). –...
Read MoreA After the big day Thursday, the flat action today was what the bulls wanted to see. The action yesterday created a bigger supply of dip buyers hungry for gains into the end of the year. The consensus seems to be the uptrend...
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