If you are finding this market insanely crazy, you are right it is. I can throw stat after stat out there that proves just how crazy June has been for traders. I mean, how often do you find the S&P 500 within 1% of establishing new all-time highs, to suddenly [...]

Last week was one of the tougher trading weeks we've seen this year. It was the classic, "stairs up, elevator down" move for the market. Essentially the last two trading sessions wiped out nine days of upward price movement.  1. That is why I have been seeking to book profits [...]

It is hard to characterize this market as anything other than choppy and that is exactly what it has been so far in the month of June and the past 8 trading sessions. There is reason to believe that the market should be problematic this summer with FOMC rate increases [...]

Where do you begin to make sense of this week, much less of this overall market. It is why I am a fervent believer in being aggressive with the gains that we have in hand and in terms of closing them out. That won't always be the case. I, more [...]

It is a common theme for the market: S&P 500 gets to a key breaking point, everything is lined up for a big sell-off, but bulls and dip buyers come to the rescue and thwart the big breakdown.  I mentioned in the last update, that I wouldn't be surprised to [...]

Good week overall. It is hard to complain about the overall performance for the week, when all the trades finished in the green, and the market actually finished lower by about -1%.  Considering all of that, I'd say the week was pretty good to us.  Going into next week is [...]

What a crazy week. Honestly, it would have felt much better if we could have simply avoided the trade in USO. It started off great on Wednesday, then you have the 'out of left field' news events with the Libya blockade, and more importantly the massive inferno in Canada, affecting [...]

Last week marked the first time in eleven weeks where the market closed below the previous week's lows. It doesn't sound like a big achievement on the surface but when you look at it closely, it represents a shift to the status quo and one that may carry over into [...]

The market resiliency continued into last week with a positive return for the eighth time in the past ten weeks. There are some cracks beneath the surface though, particularly with earnings starting to disappoint on a large scale - most notably with Microsoft (MSFT) and Google (GOOGL).  Tech is starting [...]

There isn't much to review from last week considering that I was stuck in jury duty for most of the week, and as a result no trades were placed - at least in terms of new positions.  As a result, we have one position and it is our carry over [...]

Overall the week finished lower last week.  We closed out some solid gains in Netflix (NFLX) and (AMZN), while struggling with our trade in SDS for a small loss.  We saw a nice move out of TLT last week, which definitely helped matters, but our positions in SPXU and DIS [...]

Last week was an excellent week of trading in the Splash Zone. There wasn't a ton of trades, and there didn't need to be. The positions that were in our portfolio did their thing and continued to progress in value.  With six trades overall, five of them were in the [...]