Rebound or Wreckage?

The S&P 500, and the overall market is at a key decision point. We should know a major direction within a few days. Check out my latest analysis in this week’s video. In my Live Trading Room, we caught a really nice short on SPY and are still in it. To see...

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...

Worst advice ever!

Mainstream financial advisers have one mantra, “buy and hold.” In the latest video, I challenge that advice. Why not profit when the market goes up, AND when it goes down? Check it out and be sure to give me your opinions and comments!

What’s Next? The “Big One,” or not?

Last week was the biggest drop in the market since 2016. Is this it? Has the “Big One” started? Or just a bump along the way to more record highs? I don’t have a crystal ball and don’t know. But, I know what to watch for and I offer some key...

A Tsunami of information about to hit

The major indexes have “gone parabolic” since the start of 2018. This coming week, we will be hit with a veritable Tsunami of information. • The Presidents “State of the Union” address is scheduled for Tuesday, January 30th, 2018. • On Wednesday, January 31st, 2018,...

What Gov’t Shutdown?

The US Government “shutdown” as of Midnight, Friday, 1/19/2018, and it was a non-event as far as the market was concerned, when the shutdown was imminent at the close. Of course, this is not the first time and is becoming, for most of us, a wearisome negotiating...