Volatility has shown that it is likely here to stay for awhile at least. A volatility trade not based on direction could make money. Skewed...
Market stalling at 1650. Clearly bracketed by 1600 and 1700. Straddle at 1650?
Like a great trader I know once said you'd be surprised how long mispriced assets can continue. Think RE in 2005 or tech stocks in 1st qtr 2000....
Sure looks like a springboard to 1675. Kabuki theater before the real slamfest by the PD's?
We're kinda slow until FED speak next week. The 90 day outlook is weak. But a good chance we spike after FED speak into Options Expiration to...
Good place to liquidate longs and/or kick off a new short on Friday Jun 14 @ 11:45 EST. Just sayin'.....
Agreed. Notice Asia's fairly robust rout and yet domestic equity market's are "stable." Why? Best of the worst. FED as backstop....
Not necessarily. Establishing a "position" and then trading around the position is often most profitable as the noise gets attenuated. BTW...
It's difficult at present as the market is rebalancing. Had it been status quo we would have ticked to new highs but the markets are no longer...
If we break 1600 with any momentum then you can forget any runs back to retest May's high for at least 3 months.
Weak close brings a retest of 1600 into view. I would anticipate sideways markets with the combo of Fed support, summer doldrums, and the...
High on May 22nd likely to hold. FYI retest of May high possible on options expiration day June 21st. If that were to occur I would expect...
Perfect. Nice. To the mark. Kudos
Not to disappoint re: short actionable tweets on the sweets---money making trades here's a little background macro to chew on: The FED based on...
http://www.businesscycle.com/ecri-news-events/news-details/economic-cycle-research-what-wealth-effect A chart worthy of perusal from Lakshman...
Steep ramps like the one experienced recently tend to collapse. Of course we'll have strong rebounds but likely we retrace for both technical and...
Sure did. Nice job.
One week later the key reversal high remains a technical high in the SP500
Couple problems with your assertion. Monday is a market holiday in the USA so perhaps you are referring to Asia or Europe or perhaps Tuesday....
Reminds me of the time gold was $550. Sure it had ramped from 450. This guy I know was badgering the crap out of me for one good trade I said...
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