With apologies to the old English fairy tale of Goldilocks and the three bears I shall adapt the story to our current time. Goldilocks is of course this market that is the […]
As we close the first quarter I want to provide a bit of perspective and accounting from a macro and a trading perspective. As I view them very much separately first a […]
FYI: Just added the promised article on Trading Psychology to the website. I think you may find it helpful. Friday was interesting in so far we got the basic set-up I had […]
Just a short post today as I’m working hard on expanding the resource section of the site: It is quarter end quad witching options expiration today and principally what this means is […]
“All the world’s a stage, and all the men and women merely players; they have their exits and their entrances” – As You Like it – William Shakespeare. While good old Will was […]
While ever green Tuesday turned into a surprise red for eager dip buyers the divergence to international markets continues to be notable. The Dax is now down over 3% since last Thursday […]
Looking at the surface nothing has changed. SPX has hit new prices again after a quick correction in January. In fact, as I look at the adjacent weekly chart I can certainly […]
There’s an old gambler’s saying: If you can’t figure who the sucker at the table is, it is likely you. While headlines & bulls gleefully celebrated new record closing highs on the […]
The dance is always the same. Markets go up relentlessly and all you see and hear about are people raising their price targets, as with JP Morgan’s Tom Lee about four times […]
In poker terms a straight flush is one of the better hands one can get. For most investors it’s a nightmare and for traders it can be either wonderful or a disaster […]
Just a short update today as I’m also working on the futures write-up: Ugly action overnight that pretty much started within seconds of the close yesterday. It was interesting to see $SPY […]
Trading corrections can be exciting, fun, horrifying, profitable and devastating all at the same time. No time in the market is more emotional, volatile and unpredictable. All what worked previously seemingly no […]
