Weekly Thoughts
As I mentioned last week, the potential for R2 of the February opex was a likely target and we did test that level and even closed above it. I'm expecting…
Weekly Thoughts
Super bowl XLV is in the books with Big Ben helping Aaron Rodgers get the Favre monkey off his back...thanks, Ben. If you've never been to a super bowl I…
Weekly Thoughts
Is the trend still our friend? Whatever. The short-term trend had a hiccup this past week and quite honestly it felt good. As we enter February, a questionable month for…
Weekly Thoughts
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…
Weekly Thoughts
Over the last 12 years, the week of January opex hasn't fared well for bulls with 2001 being the exception. With the market closed Monday, $AAPL releases news that Steve…
Weekly Thoughts
Not really expecting much from Alcoa ($AA) earnings and with slow economic reports the week could start off sluggish. Thursday has $INTC and the PPI followed by the CPI and…
Weekly Thoughts
2011 is here and with the $ES_F up nearly a percent it looks to be a nice gap up to start the year. I think the most widely watched technical…
Weekly Thoughts
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…
Weekly Thoughts
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…
Weekly Thoughts
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…