Big Picture: Well, winter finally showed up in Sun Valley this week. I was away from home all week for work and was greeted with new snow when I got in late Friday night. I guess these things happen. As far as markets go, most of my focus in the past week was on the $IWM […]
Big Picture: Last weekend I was away from home and didn’t get a chance to write the market commentary. Incidentally, I was visiting New York and had a chance to see the New York Stock Exchange, which was really cool. At any rate, the equity markets have been extremely strong for the past two weeks. […]
Big Picture: It seems like stocks are having two directional mini-crashes and this week we saw equities take back some of the recent losses in a fast move higher. I think there’s a lot of uncertainty in the equity markets and the easy upside looks like it’s on hold. The Russell 2000 has been essentially […]
Choose your own adventure . . . I hope everyone had a good summer and if you’ve been trading that your trading has been going well. Over the past two months I have been largely flat (with the exception of two trades that we’ll discuss below), but I have done more than a little bit of […]
Big Picture: For those of you who are used to seeing the Market Commentary show up on Saturday mornings, I had to switch it to Sunday this week. Yesterday I was on a really great mountain bike ride close to where I live and that took up the entire day (the ride itself took a […]
Big Picture: Well, sometimes the downside hurts and this week it nailed the Weekly Theta trades. The S&P 500 finished off the week with a slight gain, but it took a fairly volatile path to get there. Gold was hit this week and finished down 2%. My long Breakout System trade in Gold is still […]