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…
What’s The 30-Day Volatility Telling Us?
I promised myself that I wasn't going to post anything until my book is done...just another failed New Years resolution I guess. If you look at the chart below you…
Option Expiry
Options expiration...you either love it or hate it. Many see the week as one of market manipulation while others see it as an opportunity to make some serious coin. I…
Mixed Bag
September is here and that means the kids are back in school, pennant races tighten up and football gets into full swing (except for Roethlisberger). September also brings the expectation…
Uneasy Market Conditions
Wal-Mart ($WMT) put a little fear in the futures pre-market this morning ahead of the weekly jobless claims. Same store sales for Wal-Mart rose 1.7% for December while analysts were…
Monday, Monday…
A nice start to the week for the bulls as the major indices all locked in some decent gains with the broader market ($SPY) gaining nearly 5%. However, I would…