The Bears Are Back…

Great day to be a bear, as the market sold off today, erasing yesterday’s gains.  Most of the fear was based on the news released that Goldman Sachs could face criminal charges too.  Originally, they were just civil charges… which is no big deal to Goldman, because they have plenty of money to . . . → Read More: The Bears Are Back…

The Bulls Are Back…

At least the retail bulls were, but the big institutions didn’t participate in today’s rally.  For many months now, the volume on UP days is low, and the volume on Down days is heavy.  Why is that?  Simply put… the big institutions are selling big on the down days, and sitting on the . . . → Read More: The Bulls Are Back…

Same Old Speech…

Once again the Federal Reserve Board did nothing.  Not that I was expecting them to raise rates, but it’s more about what they say, then what they do (or don’t do).  I’m sure everyone expected them to leave the rates the same, but what are their plans for the future?

The answer is… . . . → Read More: Same Old Speech…

Going Down…

What a beautiful day it was in the stock market, as reality finally slaps some sense into it.  When bulls finally run out crack, they sure do come down hard!  It was certainly long overdue, I’m I glad to see it happen.  It gives us option traders the volatility that we need to . . . → Read More: Going Down…