Weekend Update…

That sure was a nice start… Let’s hope that it continues, (unless you’re a bull of course).  Just an update… I sold my short positions for a small profit Friday, and I’m now looking for the next opportunity.  Short or Long, I don’t care… but short is my favorite.

So, what will next . . . → Read More: Weekend Update…

Let’s flip a coin…

Tomorrow is a tough call to make.  On one hand, the market did retrace back up as I expected… but it did it on horrible jobs numbers and with a strong push up.  It wasn’t a weak move by any means.  As strong as that move was it could continue up tomorrow as . . . → Read More: Let’s flip a coin…

Big Volume equals a Down Day…

Looks like the market hit close enough to the 110.34 SPY mark, as it quickly reversed at 110.31.  I went short today and sure enough the market sold off hard at the end of the day.  It took me by surprise, but I was glad I was short.  Those were definitely some “Big . . . → Read More: Big Volume equals a Down Day…

Big Volume in the Dollar?

The UUP had some big volume on the buy side today.  That’s telling me that some big players think the dollar is around a significant bottom level.   Could it go lower?  Yes, as rarely does anyone pick a bottom or a top exactly.  But, we about as close as you could ask for.

. . . → Read More: Big Volume in the Dollar?