To be sure, there are always earnings – but four times a year the confessional is filled with mass quantities that last for a good five weeks. It’s one of my favorite times of year. Why? As an option player there is no better time – big moves, sometimes gargantuan moves. I expect some great [...]
We’re about to close the books on this year, and around this time we look back on what went wrong or right, where we can make changes for better results in the new year. I don’t spend too much time looking back, but if I don’t look at the mistakes then I’ll never learn – [...]
Just a couple of weeks left before the Christmas holiday and the pressure is on. I’m not talking about the stores and shoppers, which will no doubt be crowded up until the last minute. No, I’m talking about managers trying to beat the markets or specific bogeys. Time is running out before year-end and many [...]
That didn’t take long. Dow up nearly 1000 points in a week. Sentiment changes so quickly these days in these times of uncertainty. How was everyone feeling after Thanksgiving? A bit of indigestion for sure. Back in risk ON mode now? I cannot recall such an extended time of quick turns in trading and [...]
It didn’t have to be this way. Could have been different, far different. Much better. But this is what we have, so we have to deal with it. Oh, I’m not going to whine about the markets today. We all understand how it operates. There is no certainty in predicting the future. You do your [...]
Brief Update and Comments – 11.16.11 Just a quick update on the activity. New subscribers welcome aboard! – DON’T FORGET ABOUT THE WEBINAR, THURSDAY AT 4:20PM est What started out down then back up seemed to be a carbon copy day from Tuesday. However, some brutal selling hit the tape in the last hour any [...]
I guess after a massive move up in just three weeks one has to be asking themselves this question. 200 points higher in the SPX, more than 1000 points higher in the Dow and the Nasdaq, teetering on a major breakdown is now within striking distance of multi-year highs. Just before this rally started it [...]
Let’s all agree on something – the market is always right. Therefore, a five day rally is meaningful, right? After all, markets had not seen such positive a move since late June. But then, the markets unraveled. All the problems of Europe are gone now – poof! Just like magic, snap of a finger Greece [...]
There was so much about August that was bad but then again the trading really made a difference for those who were nimble. Let’s see now: debt ceiling, debt downgrade, multiple issues in Europe, the Fed and Bernanke…let’s throw in an economic slowdown and you have the ingredients for volatility. Too much uncertainty and the [...]
Jill is back this week with some comments about recent developments in finance-land. She calls out Bernanke, Buffett and Lagarde – with their manic-depressive personalities clashing with doing the right thing. I particularly like how she tells us how this group creates some anxiety, which is never a good answer for markets. Enjoy! There’s no [...]
