Weekly Thoughts
It doesn't get much better than option expiration week. Throw in a nice little pullback and increased volatility and you've got a market again. Lots of economic data coming out…
It doesn't get much better than option expiration week. Throw in a nice little pullback and increased volatility and you've got a market again. Lots of economic data coming out…
What a week! The $SPX finally broke the support of the 13 EMA which had offered support on many occasions over the last few months. The last time the market…
Nothing gets my blood boiling like someone that would rather blame others for their issues rather than owning them. Not the best mindset for a therapist, I know, but I…
The index pulled back slightly Tuesday, down to 32.68 from its yearly high of 32.94 achieved last Friday. The more recent price action has moved the index significantly away from…
The bull's buying of every single dip seems to be unbelievable to many as they continue to try and pick a top here. This sideways action, like we had yesterday,…
New drinking game: take a shot every time you read/hear the phrase "Don't fight the Fed." As I mentioned earlier, I think the greater risk lies in buying in at…
Quite the day for the broader market, weird actually, but bullish nonetheless. Those that tried to fade had their assets handed to them. The greater risk at this point though…
Fear has a way of making us focus on unfavorable headlines and price action. Fear impacts our ability to evaluate alternatives as it clouds objectivity. Fear is why profits are…
As we approach that time of year where we adjust our clocks I take the opportunity to tie several other "to do's" to this event. I change the batteries in…
If you've done any reading related to the market lately you no doubt know the importance of this week. Odds are good that we break out of the range (about…