QE3 Complacency
There's no denying that the market was overextended as a result of last week's Fed decision. So far this week we've seen a small pullback in price while many of…
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Finally saw a down week in the markets though not much of a move lower thanks to Friday's move. Interestingly enough, Friday's move closed right at the linear regression trend…
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The August option cycle is done as we head into the September cycle with a bevy of catalysts including the Fed meeting on the 12th and 13th. Next week's fireworks…
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11 days, 5 states and over 3,000 miles later the annual summer vacation is over! It was good to see some parts of the United States I've never seen and…
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Europe is saved so it's risk on, right? I feel safe enough now that I'm headed on vacation for a few weeks. Seriously though, I'm going on the annual summer…
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Sincere condolences to those affected by the senseless shootings in Aurora, Colorado Friday morning. At times, life is just not fair. Hug your loved ones, tell them how much you…
What’s the deal with Thursdays before opex?
Is there any truth to the saying that the Thursday before option expiration is typically the low heading into the next week? In a word, no. I see no edge…
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As I mentioned earlier this year one of my goals was to be more selfish and address personal needs. I've been selfish and as a result have checked off some…
April’s SPX Range
As a premium seller I've already been in the month of April for two weeks. One of the data points I track is the range for both the option cycle…
Are You Biased?
Want to know if you have a bias in the market? Stare at the + sign in the middle of the image below to find out.