• Comey, Dodd Frank + Bristish Snap Elections

    James Comey done talking, Dodd-Frank Repealed in House, and Bristish Snap Election Surprise Only the James Comey hearing seemed to matter to the talking heads today, but key Dodd Frank regulations being repealed by the House, and Theresa May possibly being ousted after surprise gains by the Labour party crippled her majority. Futures have been busy

    By |Published On: June 9, 2017|3 min read|

  • Comey Testimony and the Stock Market

    Comey and the markets collide Ultimately, I don’t expect much from this testimony. Comey prepared with the special counsel, Robert Mueller. For one, I don’t think he wants Comey’s testimony blowing up his investigation, and much of what could hurt Trump is already out there in the remarks yesterday. Politics aside, the market is only

    By |Published On: June 8, 2017|2 min read|

  • More Sideways Price Action from the Indices Likely

    The ugly sideways price action is likely to persist I think that we are likely to see more of the same price behaviors yet again today. Yesterday’s price action started off typical, open lower, and then spend the rest of the day rallying back towards break even on the day.

    By |Published On: June 7, 2017|2 min read|

  • Market Cooling Off Some At The Highs

    Barely a sell-off yesterday, market cooling off now When you can get a 3 point sell-off these days on the S&P 500, you might want to consider it a generational buying opportunity as stocks rarely do anything but go up these days. 

    By |Published On: June 6, 2017|3 min read|

  • Market Euphoria and Market Tops

    Market Euphoria still strong, but no top yet. And that is what you have to trade right now. That doesn’t mean that with market euphoria in full blow out mode, that you shouldn’t continue to trade to the long side, because you should, but you should always be prepping yourself every day for what you’ll

    By |Published On: June 5, 2017|4 min read|

  • Key Bounce off of Short-Term Support

    What a solid bounce yesterday for stocks off of short-term support When you have a 15 point pullback in today’s market over a 3-day period, it becomes a ‘Generational Bottom’ or better yet, a ‘Generational Buying Opportunity’ for the bulls. Yesterday the market had a solid rally, a bit unexpected, as I didn’t think much

    By |Published On: June 2, 2017|3 min read|

  • Let’s Trade in June with Some Volatility

    May was a good swing-trading month for me, but I’m ready for some volatility in June There was literally one day of trading in the month of May that showed the market still had a heartbeat to it still. Nonetheless, I managed to make it another profitable month of swing-trading as you can see the

    By |Published On: June 1, 2017|4 min read|

  • It’s Snooze in May

    Instead of “Sell in May”, it is “Snooze in May” But more to the extent that the market is simply lacking the participants for big moves. There has only been one move so far this month that was in excess of 1%. But really, this market has been extremely flat since March. Nonetheless though, we

    By |Published On: May 31, 2017|4 min read|

  • Market Divergence + Bitcoin Ramblings

    One last thought about bitcoin Okay, I want to go this whole week without mentioning bitcoin, crap I just mentioned it and even titled this post after it, so lets go ahead and throw that idea out the window, because it was over before it ever got started.

    By |Published On: May 30, 2017|4 min read|

  • That Wall of Worry is Getting Steep

    New All-Time Highs – Everything is fine…or should I worry? It is like the market is a sling-shot. Last Wednesday’s sell-off represents the moment where the sling gets pulled back, really hard, and the subsequent six days of buying in the market represents the market ‘letting go of the drawn sling and watching it propel

    By |Published On: May 26, 2017|4 min read|