What a week! Good trades were to be had yet, at the end of the week, nothing had happened. In my writings about the markets regular readers will have observed that I […]
Bulls are having all the fun it seems. Watching them dance with the $VXO closing at its lowest ever yesterday made for quite the spectacle. The case for caution is out the window […]
“In a way, the world-view of the party imposed itself most successfully on people incapable of understanding it. They could be made to accept the most flagrant violation, because they never fully […]
“I’m dead”. I distinctly remember this to be my last thought at time of impact yesterday. I had no time to react. None. The car came around the corner as I was riding […]
It was a good trading week as it provided some glimpses of volatility and some tradable up and down action. Yet it was hard not to find the news out of Iraq […]
Each mania has unique characteristics yet each mania has common elements. The single most defining element of a mania are the attempts at rationalizing its existence and the denial of its presence. Not to […]
Despite playing a bear on twitter for a while now I’m primarily a trader who seeks out good risk/reward entries and exits. I can’t influence the macro and so there is really […]
While key indices are now making new highs every day it belies the action underneath: One of dearth. More precisely: Participants are lacking. Yes you can jam up a market on no volume […]
In this weekend’s chart update I outlined the seemingly pre-programmed structure this market has adopted as of late. Today, so far, is following the same script in exactly the same fashion: 1. […]
I’d call it a cheap levitation trick if it weren’t continually financed by billions of central bank dollars every week and thus so incredibly expensive. But fair play they did it again […]
