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Big pullback Friday as the $SPY closed solidly under the 20 SMA. That puts in a lower high, now we wait to see if we get a lower low. May…
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Quite the reversal in the market. In fact, we are where we were two weeks ago (this type of price action is why I sell premium). Option expiry and earnings…
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Happy 4th of July! I'm definitely ready for the extended weekend and spending time with family and friends. It's good to get away from the screens and focus on what…
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Not the best of weeks for the broader market as the $SPX gave up the 200 SMA and had 4 out of 5 down days. If you have any requests…
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I've got the best wife and 4 kids that love me no matter what. Who could ask for more? Happy father's day to all you dads and future dads. LeBron…
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Decent turn around in the markets this past week as the 1066 level held as support. Weekly volume actually increased as a result of short covering from frustrated bears. I'll…
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With the continued chop in the markets this past week I've been extremely thankful that I sell out-of-the-money premium. In fact, one of my predictions for 2010 was that it…
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Another week in the markets has come and gone yet still no clarity on what the future holds as we are stuck in a range. Frustrating for most, I'm sure,…
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The biggest news in the markets of this past week was the breaking of the 200 SMA. You'd think it was the first time that such a thing has ever…
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Quite a week in the markets as they continue to digest the "flash crash" from last week. Lots of exploration for levels of support and resistance and for the most…