Volatility

Risk On Attitude has Created a No-Fear Market Trading Atmosphere Intraday sell-offs aren’t even being taken serious by traders any more. Before the market can drop five points on SPX, mentions of BTFD and “Buy the ‘you-know-what’ dip” begins to permeate throughout financial social media.  You want to know why the VIX is

Bearish Divergences Warrants Caution You could have skipped the last three weeks of trading and you would have come back to a market that is virtually unchanged.  It hasn’t moved, it hasn’t gone anywhere, and Friday’s price action exemplified that with another light volume trading session. VIX spent most of the week below 10,

Let’s check in on this whole volatility matter The story, from a technical standpoint, this week, was the fact that the Volatility Index (VIX) had dropped below the 10 level and was at one of the lowest readings of all-time. Then of course the comparisons between 20007 and 2017 and the fact that 2007

Show some follow through Friday’s move was quite subtle but very strong as well. What started off as a day trading sideways like each of the days of the past eight trading sessions, changed its tune in the afternoon and broke out of the short-term price range and rallied to new all time highs by

The Fourth is Strong with this Market For a moment there, just a moment, it looked like the market was going to lose its marbles and actually experience a legitimate sell-off yesterday. But nope, it didn’t and now you have “May the Fourth” playing Jedi mind tricks on the Wall Street bears in the pre market

This stock market can’t break out of the range bound price action The price action has become very dull among the indices. In fact, this is the tightest 6-day trading range in the last 23 years. For many of you, that is before you ever started trading. Needless to say, what goes up, must come

Dead cat bounce until proven otherwise. It’ll probably take the market establishing new all-time highs in order for me to not view this market rally the last two days from a dead cat bounce perspective. There has been some technical improvements, but even still, the downtrend off of the March highs are still in

Solid bounce yesterday, but can the markets today follow through? For many years now, when we see the dead cat bounce come about, stocks overall will look to continue the bounce for several days going forward. For the markets today, will that ring true yet again? The futures are slightly down, but that has

Stock TA Diverging Hard from Market Price Action The price action is dull in the overall market, and while the price  on the indices still hovers at the all-time highs, the TA of stocks (technical analysis) continues to falter under the surface. Breadth is dismal, and without a catalyst to continue pushing the market higher

Trading the 3:30 Ramp Okay so the headline might be a bit of an exaggeration but the past two trading days, when 3:30pm eastern typically triggers an end of day run, the exact opposite has happened where stocks start to slide out of absolutely nowhere. Perhaps it is just a temporary thing, but one can’t