Quad witching – wait and see approach
We are very cautious going into today’s action as our portfolio had a great bounce from Monday’s lows, and we are in a protect-the-gains mode.Read more
Make sure to book profits and leave trailers for continuation. A little pullback to the mean will be healthy.Read more
Off the beaten track
Today I am awaiting to see the market direction as it has become a little frothy and now it can go either way – the $VIX went up yesterday.Read more
Indices pushed higher but retreated at the close. We may be due for a consolidation period before the next move. More earnings tomorrow from $AAPL and $AMZNRead more
Solid reports from $MSFT, $AMD, and $GOOGL. Tech sector makes double top and what is next?
Strong earnings reports from $MSFT, $GOOGL and $AMD keep tech alive. $MBIO shines and $TSLA trades in a big rangeRead more
A Sea of Red
Wait for a clear trend to form and then if you are good short take advantage of the bears being in control, if not, cash is also a position.Read more
A sea of red. Can the bulls show any signs of life?
With futures pointing to a gap down see if any stocks can show some relative strength for a red-to-green type of trade. Correction time?Read more