Market Perspective 12/12/12
On the 12th day of the 12th month of the 12th year of this century there are 12 trading days left. I thought it would be interesting to see where…
On the 12th day of the 12th month of the 12th year of this century there are 12 trading days left. I thought it would be interesting to see where…
Wednesday's selling was more than just mom and pop worried about the fiscal cliff that they've been inundated with of late. In fact, if you look at this chart you…
Before reading further please consider my trading style. I sell premium in far out-of-the-money options which allows me to be less specific on technical levels. In other words, I'm not…
Back in June of 2010 the CBOE started listing weekly options on the SPY. Here's some interesting data about the weekly options since that date: [list type=square_list] Since June 1st,…
There is no doubt been some aggressive price action over the past two weeks in the broader market. So much so that this October is off to the third best…
As earnings go, this week will be key for clues as to the overall season. So far earnings season hasn't been that great for the bulls. Two events on the…
Here we are, the last week of 2010. Not expecting much but a low volume grind higher with Tuesday being the best chance for the bulls to make some new…
Sentiment has this market so complacent that it scares me. However, I still believe we take out 1250 and continue to grind higher into the end of the year. I…
Things have worked out nicely for me so far in December as I was able to get fully invested in the cycle last week. The $SPY is right up against…
As I tweeted early on Monday, the $SPY managed to stay within the overall 60-day trend. I've added a decent channel into that trend which shows the potential bear trap…