My Short Watch-List: For The Dead Cat Bounce

2020-03-31T15:00:00-04:00March 31, 2020|

Despite horrible economic news, the market has held its recent gains.  If you wondered what it looks like to climb the “Wall of Worry”, the stock market is doing exactly that right now, and doing an amazing job of it too.  Because the world is staying home to fight a [...]

My Short Watch-List: But Not Until They Rally First

2020-03-17T15:50:00-04:00March 17, 2020|

Today was hardly a rally – yes, it will look good on the nightly news but lacked serious conviction relative to what has been seen of late.  I’m not trusting this rally at all and did not participate in it one bit today. People will chase after it today and [...]

My Short Watch-List – Following a Dead Cat Bounce

2020-03-10T14:40:00-04:00March 10, 2020|

About 90% of these stocks are too oversold to short right now, but wait…  The stock market is insanely oversold right now. Can it go lower? Sure, but that doesn’t mean the risk justifies the reward. Right now it doesn’t The market is at historically oversold levels. I’m talking about [...]

Today’s Trading Plan: Market Turns On Cruise Control

2016-12-21T09:29:11-05:00December 21, 2016|

Technical Analysis: The S&P 500 (SPX) exhibited dull price action but nonetheless managed to rally higher yesterday and out of the bull flag it had been trading in the previous few trading sessions.  Volume on the SPDRs S&P 500 (SPY) dropped off just a smidge yesterday and remains below average. The drop off in [...]

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