Happy Memorial Day

2016-05-30T09:41:19-04:00May 30, 2016|

Happy Memorial Day Everyone! With the stock market closed, I hope you enjoy the day off with friends and family. But more importantly I hope that you take some time out of your schedule to reflect on the brave sacrifices and ultimate price that America’s finest men and women have [...]

USO Struggling at the 200-Day Moving Average

2016-05-23T14:19:36-04:00May 23, 2016|

Is it a top in oil?  Maybe.  Maybe not.  What I do know is that USO (United States Oil Fund for those wondering) is having a horrible time trying to push through the 200-day moving average. If you look, at the weekly chart, this commodity has surged higher and since [...]

Short Setups For When That Day Comes

2016-04-19T13:57:52-04:00April 19, 2016|

Just think… just a little over two months ago, SPX was down almost 12% year-to-date with what appeared to be no end in sight. Since then, the market has been on an unabated rally that has erased all of those losses that the market was experiencing. […]

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