Recent Entries

  • Prepare To Come About

      The Nasdaq is giving off some thunder via heavy sell volume as the S&P 500 drifts into new high territory. This rally, so far, has been tech dominated. If the Naz drifts lower it’s likely everything else will. Not much conviction in terms of breadth. The Dow 30 has been unable to achieve new […]

  • Just A Shot Away

    Oh, a storm is threat’ning My very life today If I don’t get some shelter Oh yeah, I’m gonna fade away War, children, it’s just a shot away It’s just a shot away – Rolling Stones, Gimme Shelter   An all-time high for the S&P 500 is brewing. It won’t take much. Odds are we’ll […]

Chart Watch

  • All is quiet on the the VIX front. OEX options traders are complacent. They can stay complacent for weeks. Though, inevitably, this measure of volatility is due to spike in the future, reflecting fear in the market as traders buy puts for security, as the cycle lives on again and again.  

  •   I won’t turn all out bearish until the semiconductors breakdown, which obviously isn’t happening as a new high is made here.  

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