Market Update
This has been a nightmare week. The decision to go long last week has turned up sour so far and makes me think of the scene from Anchorman when he jumps into the bear cage and says " I immediately...
View ArticleOuch
Today was a viscous day to the downside as it broke through the support that we mentioned a couple posts ago. This triggered our stop on SPY and now have a short position with SH, since the portfolio...
View ArticleEarnings and Resistance
The bulls have got the market churning again even though a week earlier everything was completely different. A bottom call from Doug Kass and some "value buying" later we are back to where we started...
View ArticleTough Spot
Went long today at $109.40 on SPY. The market has been a choppy mess as of late and been very hard to get a solid trend. Currently the trend is up and we are above the 50 Day moving average, but we...
View ArticleBeginning of another Meltdown?
Sorry for the dramatic title, but Im trying to practice eye catching marketing ploys like CNBC and Yahoo Finance. Anyways as you noted yesterday we made the rotation to short when we sold our long SPY...
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