Quick Take On Iran’s Attack Last Night

2020-01-08T08:42:03-05:00January 8, 2020|

If you saw futs overnight drop over 50 handles you probably assumed that today was going to be a real clown show for the market. But then when you woke up, you probably found yourself rubbing your eyes again to make sure you weren't being deceived when you saw /ES [...]

Fear Rises Bigly on Wall Street

2017-05-18T09:00:00-04:00May 18, 2017|

Fear grips traders and the VIX pops 46% I like buying the dip as much as anybody, and it has proven to be a really good strategy over the last eight years. But yesterday was not a day to buy the dip. The internals did not show an anemic sell-off [...]

The Trump Sell Off

2017-05-17T09:00:00-04:00May 17, 2017|

The bears are gaining a foothold on the Trump Controversies My objective here isn’t to defend Donald Trump or prosecute him. I leave my personal opinions out of my trading simply because the market doesn’t care what I think when it comes to politics.  So I have to look at [...]

Stock Market Today: Can the Trump Rally Follow Through

2017-03-02T02:30:35-05:00March 2, 2017|

My Trading Journal for the Stock Market Today:  I’m not talking about the speech itself, though I did think the speech was a pretty darn good one, and blew away everyone’s expectations. But I am talking about whether the Trump Rally itself can follow through into additional gains tomorrow. History says, [...]

Stock Market Today: Entering the Phantom Zone

2017-02-28T09:03:35-05:00February 28, 2017|

My Trading Journal for the Stock Market Today:  I'm pretty sure we are at that point where, "how many days can the Dow push higher", has become irrelevant. Lets just admit it, we are in the Phantom Zone at this point. We can decline 1% today is probably less likely than [...]

Today’s Trading Plan: E-Day

2016-11-08T09:11:29-05:00November 8, 2016|

Technical Analysis: Massive rally yesterday across the market landscape on the news that FBI didn’t consider Hillary Clinton a criminal.  Essentially one day to the upside erased 6 of the 9 down days the market had recently experienced on the S&P 500 (SPX). However, this is a meaningless rally in [...]

Go to Top