$SPY trying it’s best to stay above 131.85. Remember a close above 132.18 is very bullish, but a lot of uncertainty is letting a lot of believers get stopped flat, or with small losses. A close under 131.39 is very...
Read MoreSilver is no doubt a fairly speculative trade, but because I’m trading it with a tight stop-loss that makes sense (i.e. below a critical support level) I’m willing to take a stab at this trade with a stop-loss at...
Read More$SPY holding a level where or everything can go wrong, or we should see a mild rally into the close. I am watching a lot of names that dropped, and are now looking like great opportunities, as we are starting to make a mild...
Read MorePre-market Update (Updated 9:00am eastern): US futures are moderately lower ahead of the open. European markets are trading -1.1% lower. Asian markets are traded in a wide range from -0.8% up to +1.8%. Economic Reports Due out...
Read MoreI rudely mentioned on my twitter a couple of days ago that the EU summit was just going to be a nice dinner, and that nothing would actually be decided. And guess what this is exactly what happened. Pre-market is down and $SPY...
Read MoreMargaret Thatcher once famously said that ‘the trouble with socialism is that eventually you run out of other people’s money’. She was talking in a world much more centered around sovereign nations than the...
Read MoreOne of my favorite scientific ideas is the Schrodinger’s Cat theoretical experiment. This is an illustration of Erwin Schrodinger’s 1935 proposition of the quantum (physics) theory of superposition. The way it works...
Read MoreI am “exploring” new ideas with the purpose of discovering a coherent EWP, which would suit with the complex corrective internal structure of the so far 7-wave up leg off the May 2011 lows. What is obvious is that...
Read MoreI’ve already jumped in Mosaic (MOS) this morning as a short, but there are plenty of opportunities out there. Below I’ve posted 4 more stocks both long and short that offer some excellent trading opportunties. LONG:...
Read MoreOnce the SPX made session lows, bounced, and then sold off again to make fresh session lows, I decided to short Mosaic (MOS) which I had been eye-ballin’ early on. What appeals to me the most here is the inability to break...
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