Flat as expected…

The market was flat today as I expected it to be. More light volume again, which means it’s easy to push up. About 135 million shared traded on the SPY. I’m still short and will add more short positions on Monday, as I expect it to be flat to slightly up because it’s a . . . → Read More: Flat as expected…

Unemployment numbers don’t matter…

The market rallies again today as more people are kicked to the curb!  It seems that nothing matters to the market, as it rises again, and again, and again, etc… etc… etc…   Are the Bulls snorting crack again?  What is it going to take for a serious correct to happen?  I’m speachless at this . . . → Read More: Unemployment numbers don’t matter…

Pushing on 1060…

It seems that 1060 held as resistance again today. The Bulls must re-capture 1060 in order to push higher. It looks like it’s all up to the jobs report tomorrow. I expect it to be bad, even with made up numbers from the Fed…

Volume was light with only 150 million shares traded . . . → Read More: Pushing on 1060…

The Tide is shifting…

I love it when a plan works out… I had hoped for 1060 and it hit it perfectly! Tomorrow is the big turn date that everyone is talking about… but, which way is the bigger question? My money is on “Down”, as this rally up today was just a back test of the . . . → Read More: The Tide is shifting…