Waiting for the Next Shoe to Drop

What will it be? Unexpected turn-over in the West Wing? A surprise trade or foreign policy announcement? Hard to tell what the next big, market moving announcement will be, what the next “shoe to drop” is. It probably won’t be an announcement from...

Goldilocks and the Three Bulls

What children’s story or nursery rhyme are we in here? The latest employment report was called “Goldilocks” because it wasn’t too hot or too cold and that is a “Bullish” condition. Wasn’t the Goldilocks story about Bears? And...

Stay Cool and Trade on

The financial planning geniuses continue to offer comfort to their clients by telling them to stay calm and to stay in their long positions and weather volatility and that “everything will be OK.” They are partly correct, everything will be OK. But that doesn’t mean...

An insatiable appetite for news

Market participants always want news and information.  It is what they base their decisions and actions on.  But since early February 2018, that appetite has become markedly larger and the responses to information magnified. The “Big News” planned for the upcoming...

Decision Time for The Market

February 2018 started off with a surprising drop in the major indexes (surprising to some, we actually caught two really nice short trades on SPY) and then last week we saw the biggest one-week gain since 2011. What’s next?  Technical analysis shows that we are...