Top Day Recommendations
11.24.08
Eleventh hour 306 billion dollar rescue package for Citigroup as well as a $20 billion dollar cash injection from the Treasury on top of the $25 billion they received last month has pushed stocks higher overnight. This is a complex deal but probably preferable to breaking up the company. The immediate response to [...]

The Trend Trader helps to identify the current trend status of your favorite markets. Each contract in the table is represented by a directional tendency for both the Minor and Major trends.  Two up arrows identify a Bullish Trend - two down arrows a Bearish Trend - one of each a Neutral Trend. The Trend [...]

November 19th, 2008
See me in the latest issue of “Technical Analyst”, Trading Volatility with the VIX
Lack of buyers sends indices to recent lows.
There weren’t any surprises in Wednesday’s session.  Instead it was more of the same…doom and gloom.  What we were all hoping for a year ago (lower inflation) has now become the perceived [...]

November 17th, 2008
See me in the latest issue of “Technical Analyst”, Trading Volatility with the VIX
TIC data suggests foreign buyers are looking to U.S. assets again.
Despite the recent rally, Large supplies of Treasury securities seems to have kept a lid on bond and note prices.  However, stability in the U.S. dollar has attracted attention [...]

The Trend Trader helps to identify the current trend status of your favorite markets. Each contract in the table is represented by a directional tendency for both the Minor and Major trends.  Two up arrows identify a Bullish Trend - two down arrows a Bearish Trend - one of each a Neutral Trend. The Trend [...]

Top Day Recommendations
11.18.08
The Producer Price Index came in lower than expected at negative 2.8% as global demand contracts. Also, HP and Home Depot report better than expected earnings which has helped alleviate overnight pressure and may spark a short covering rally. The price of gas at the pump is exactly half of what it was [...]

November 17th, 2008
See me in the latest issue of “Technical Analyst”, Trading Volatility with the VIX
Volatile intra-day trade in stock indices, but few participants
Citigroup’s announcement to cut more than 50,000 jobs, Moody’s downgrades on Starbucks bonds and revenue warnings issued by Lowe’s kept a cap on equity market buying.  However, each dip into negative [...]

November 17th, 2008
See me in the latest issue of “Technical Analyst”, Trading Volatility with the VIX
Low yields but high demand for Treasuries
Another bout of weak economic news sparked a wave of safe haven buying interest in Treasuries but the market failed to hold the bid.  The intraday upward momentum in equities shaved some of [...]

The Trend Trader helps to identify the current trend status of your favorite markets. Each contract in the table is represented by a directional tendency for both the Minor and Major trends.  Two up arrows identify a Bullish Trend - two down arrows a Bearish Trend - one of each a Neutral Trend. The Trend [...]

Learning Options- Part 4
In real estate, they say that the three most important things are location, location, and location. In options, the three most important things are volatility, volatility, and volatility. Often neglected by option rookies, volatility is the cornerstone of an option professional’s trading strategy.
In its simplest form, expressed as the annualized percentage of [...]