Weekly Thoughts
Sentiment has this market so complacent that it scares me. However, I still believe we take out 1250 and continue to grind higher into the end of the year. I…
Sentiment has this market so complacent that it scares me. However, I still believe we take out 1250 and continue to grind higher into the end of the year. I…
Wahooo! With the settlement of $SPX on Friday morning came the end of 2010 for me. As a premium seller, trying to remain neutral, it was a good year despite…
It sucks to be a bear this time of year. Of course if they weren't around we wouldn't have a market so... I was looking for a pullback and some…
Things have worked out nicely for me so far in December as I was able to get fully invested in the cycle last week. The $SPY is right up against…
December is off to a very bullish start. So bullish that sustainability comes into question. There are no real economic reports or major earnings left for the month to act…
It seems so easy to focus on the things we do wrong. I can name hundreds of mistakes I’ve made in my life. I choose not to focus on what…
Historically there's a positive bias to December in the markets. As an option trader I like to look at the returns for the option cycle versus the calendar month. Specifically,…
As I tweeted early on Monday, the $SPY managed to stay within the overall 60-day trend. I've added a decent channel into that trend which shows the potential bear trap…
Interesting week as we had some strong (and long overdue) selling that was eventually met with some buying all in the name of a flat week. My thesis is that…
Over the years I've been fortunate enough to get to know thousands of market participants. Some are long-term investors others are scalping pennies per trade on thousands of shares while…