Merry Christmas Everyone…

This picture’s for Anna over at Hot Option Babe, as I know how she like’s sexy, but classy costumes.  For everyone else, just overlooked the sexy lady in red and picture a big round jolly old man with a beard as Santa.  LOL!

Merry Christmas

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Another Yawner Day…

As far as the market goes, it was boring.  But, the news wasn’t good at all.  The new home sales number was really quite bad.  Of course the market didn’t react too much as all the big traders are off for the holidays already.  The new home sales dropped 11%, which would have . . . → Read More: Another Yawner Day…

Lightest Volume Of The Year…

The market traded slightly higher and ended basically flat again today.  The SPY had only 91 million shares traded today, which made it the lightest day of the year.  I’m still expecting a small pullback to 1103-1105 spx area, before another move higher.  With this light volume any down days shouldn’t last more . . . → Read More: Lightest Volume Of The Year…

Typical Monday Rally…

The market rose today on light volume of only 108 million shares on the SPY.  During this holiday season, I expect more sideways moves… again, it’s not for a swing trader like myself.  Tomorrow the 60 minute charts are rolling over and looking bearish on the MACD, however the daily’s are still neutral.

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