Are you busy buying options right now? Why? A lot of investors are quickly buying out of the money puts to protect their portfolio from further downside. What these investors fail to realize is that when volatility has spiked...
Read MoreHere are the pictures of three baseball players – you tell me what they have in common? It’s probably pretty obvious – first they are considered to be the greatest homerun hitters of our generation. Second, it...
Read MoreQuick look at the intraday action and the resistance level that I am ‘eye-ballin’ across the board in XLF and major indices. I’ve bought some TNA this morning, which I may come to later regret – but as...
Read MoreNetflix (NFLX) has my attention this morning – using Fibonacci support/retracement levels, dating back to the beginning of the rally back in July ’07, with it peaking four years later in July ’11, you’ll...
Read MoreCurrent Long Positions: None Current Short Positions: None Read more…
Read MoreNo doubt a rough time for for the bulls out there today, as we saw a sell-off that we haven’t seen since….well….last month. We broke through the bear flag that we all had been watching with extreme interest and...
Read MoreInformation received since the Federal Open Market Committee met in August indicates that economic growth remains slow. Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate...
Read MoreFor the great majority of traders and investors out there, trading in these turbulent times have been difficult and taxing on the mind and body. I consider this market, much more difficult than anything I’ve traded in...
Read MoreI made a quick trade in TZA (Russell 3x Inverse Short) this morning when it became a bit clearer that the market would struggle to make any substantial gains ahead of the Fed Announcement (after which all bets are off)....
Read MoreCurrent Long Positions: QCOM Oct 60 Calls Current Short Positions: None Read more…
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