How I Played The FOMC
I tweeted earlier this week regarding an e-book that Rob Hanna wrote about FOMC days. I highly recommend it and without giving away too much of Rob's book, here's how…
Weekly Thoughts
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…
Is the FOMC Santa or the Grinch?
Since the S&P 500 hit its high off the March lows on November 16th it has done nothing but consolidate in a tight range. Take a look at the chart…
Fed Pulls Trigger
The deal is done! The Fed fired a bullet that rifled far and wide across the global financial markets when they lowered the Fed Funds rate to a range. What?…
Pre-Fed Jitters
On the eve of the FOMC statement the market is usually ambivalent as there is concern that the Fed won’t do what the market wants. With only 100 basis points…
Pivotal Week Ahead
It would appear as though the major indices are giving a lot of credence to the auto industry bailout as the Senate failed to pass the bill and the overnight…
FOMC Delivers A Sobering Blow
No gas for the bulls as yesterday’s meager attempt to buy some lows was met with fierce selling today. In fact, the broader market ($SPX) closed at its lowest point…
Cut One, Cut Two, Cut! Cut!
Today we saw the major indices trade in a narrow range up to the FOMC announcement. It was only in the last 30 minutes of trading that saw the selling…
Large Moves Today, Can They Hold?
Whoa Nelly! Out of the last 4 weeks of trading there have only been two days that the Dow hasn’t had a triple digit move up or down. I expected…
Monday Market Report
No capitulation today, like some were hoping for, but rather a wide range of trading for the most part. All three of the major indices ended at their lows for…