• I’d say short the blasted things, but they have earnings next week and a slew of housing numbers coming out, as well. And that is simply too risky to be taking a short position on. 

    By |Published On: April 19, 2018|1 min read|
  • The market has had a solid seven days of upward price action.  Not every day has been ideal or even bullish, but the overall picture has been. 

    By |Published On: April 17, 2018|1 min read|
  • Trade fears have tapered some, and the US response to the Syria chemical attack has take place, and the market is trading higher today.  Honestly, if you had to pick a time for a missile strike, Friday night would have been the most preferable time for the stock market. You avoid that massive knee jerk

    By |Published On: April 16, 2018|1 min read|
  • Look, I want us to keep pushing higher. I am positioned for the market to go higher.  But the bulls are stuck in this nasty sideways trading pattern that keeps seeing hard reversals in both directions. 

    By |Published On: April 10, 2018|1 min read|
  • If you have traded this market at all over the last two weeks - you know two things for certain: 1. The price action is unpredictable! and 2. Volatility is Crazy! If you survived or took minimal losses during this time, you are doing quite well relative to most everyone else.  There have been mixed

    By |Published On: April 9, 2018|2 min read|
  • Hard to short at this level, when the market is this overbought There are tons of short setups out there, but you really need to pick and choose your opportunities. At this point, it is more likely we get a bounce out of this market that sees prices rally for a few days, rather than

    By |Published On: April 3, 2018|1 min read|
  • Stock Market has yet to see anyone even remotely try and buy the dip There isn’t insane volume sweeping the market today, like what we saw back in February, but the extent of this sell-off is quite extreme, especially for one day. There is plenty of news headlines hitting the market hard today, which is

    By |Published On: April 2, 2018|1 min read|
  • Once SPX crossed 2650, I decided to start closing out my long positions. Three out of four of which were profitable. I added Boeing (BA) this morning but I had to quickly bail on that one too (my only un-profitable positions). 

    By |Published On: March 27, 2018|1 min read|
  • Ideally, I would have preferred to of opened lower this morning and then rallied hard off the lows.  But such was not the case as the market has been rallying since the futures opened up last night. 

    By |Published On: March 26, 2018|1 min read|
  • So far this sell-off that has lasted six of the last seven trading sessions has been anemic at best. That stat is of course assuming that SPX finishes lower on the day, which it has been vacillating between positive and negative territory. Nonetheless, the volume today is one of the lowest readings of 2018. There

    By |Published On: March 20, 2018|1 min read|