• Good Morning! We’re at the end of the trading week, with a 3-day weekend coming up as the markets will be closed for President’s day. Heading into the open however, things are looking quite bearish as the Chinese has taken action to tighten credit, which I have to say, is a smart idea on their

    By |Published On: February 12, 2010|2 min read|
  • It’s Jobs-Day once again – and we got that all-important Jobless Claims report coming out at 8:30am ET so be ready. Also, As of this writing a deal was just struck for Europe to support Greece with their debt troubles. How Wall Street responds to that news is anyones guess. The market is showing some strength heading into

    By |Published On: February 11, 2010|2 min read|
  • I am going to get to the point real quick this morning as I am wanting to spend as much time looking at charts and pouring over my watch-lists prior to the market open today. At 7am the MBA Purchase Applications come out, followed by International Trade at 8:30am. Ben Bernanke will also be speaking

    By |Published On: February 10, 2010|1 min read|
  • A little tired this morning after having the privilege to attend an Orlando Magic basketball game last night. One of the better games that I have been to in quite some time. However, the late-night, hour drive home (got home around 1am), and the rather early start to my morning (I typically get up each

    By |Published On: February 9, 2010|2 min read|
  • As the NFL football season is now over (always a very sad day for me), our season is still in the early stages on Wall Street with a solid eleven months to go, and then we have our own off-season which lasts all of a couple of days. I definitely enjoyed the game last night, and was

    By |Published On: February 8, 2010|3 min read|
  • Wow! Judging by the futures overnight, the market continues to be relentless in its campaign to skin and gut every bull in sight. The employment number comes out today at 8:30am ET, and I can’t help but think that if the number even barely meets or exceeds expectations, the market is going to rally hard

    By |Published On: February 5, 2010|2 min read|
  • The bulls look like they are showing some nervous jitters, as futures and overseas markets are down quite a bit. I wouldn’t be surprised to see today’s trading appear to be schizophrenic with the monthly employment number coming out tomorrow. For today though, you have ;the Jobless Claims coming out at 8:30am, which always plays a

    By |Published On: February 4, 2010|2 min read|
  • Two days in a row now the market has moved upward but can it hold? To read more on that, check out the article I posted last night on my trading strategy going forward. Unless things drastically change, I am pretty confident about my approach. For today, it should be much more quiet than it has in

    By |Published On: February 3, 2010|2 min read|
  • It looks like the markets are trying to extend yesterday’s rally, which would help out immensely, in moving me closer to finally getting some new positions on the table. I’ve been laying dormant over the past couple of weeks, waiting for the right conditions to present themselves, so that I can start shorting the living

    By |Published On: February 2, 2010|2 min read|
  • As January goes, so goes the rest of the year – right? Well, for the bull’s sake, that better not be true, because January had one nasty month to start the year with. Once again, the market is trying to rebound, and, as has been the case of late, Monday’s have been one of the

    By |Published On: February 1, 2010|2 min read|