This week, many of the major indexes are right at resistance or support. We definitely want to be prepared for action this week and all of the potential permutations of how things could play out.
We are all waiting to see if the January and February highs at 880 ($88 SPY) will be a breakout or [...]
No real takeaways from today’s trade which I have not previously discussed. We had another day of low volume and another day where the VIX was down and the market was down. While I can’t give a scientific explanation for the low volume the past week and a half and the VIX diverging from its [...]
My analysis of the coming week is that the market right now is harder than it has been all year. While it may seem boring, I will continue to play the market from a hedged portfolio. I’m staying in idle mode and I am keeping the throttle pulled back.
From a bullish perspective, all of [...]
I’m going to do tonight post in reverse order. I’ll revisit the indexes at the end of my post. There is actually more exciting things to blog about tonight than just a rehash of the indexes. This has been a really exciting week.
The first item of interest today was that I noticed a “tale [...]