For the last 40 days the S&P has traded in a tight range of about 8%. If you look at the performance of Q3 the broader index lost a little…

Fugly week for the bulls as Wednesday was the shot across the bow day when the $SPX cut through with ease many moving averages I watch including the 20 SMA…

A rather mild week for a quad witching option expiration where $SPY goes ex-dividend. For those that don't believe in the effectiveness of technical analysis please take a look at…

Wahoo! Is it a bear flag or a what? Seems that everybody is focused on chart patterns lately and as a result the patterns aren't working as they traditionally do.…

Despite a near 2% gap down for $SPY at the cash open on Friday I noticed the extrinsic value starting to decay quickly ahead of the 3-day weekend. Wanted to…

The next time this much focus will be on Jackson Hole this year will be in November when anxious skiers are checking the snow depths. The Jackson Hole showdown between…

Good riddance to August! Truly one of the most difficult option cycles I can remember. Back in '08 you knew we were headed lower and it seemed easier to manage…

Wahoo! You have to love the price action this past week, especially if your trading involves options. Nice reminder of 2008 this week as my mind and body were completely…