Around this time last week, the Russell 2000 and the S&P 500 were near all time highs and looked like they might push even higher. However, as I noted in Volatility Might Be Flashing A Warning Sign For Stocks, I had some concerns about the strength of the market as it made new highs. Even […]
Changes: Well, it’s Saturday and that means it’s time to dig into some of the changes for the Weekend Commentary. Earlier this week I wrote about the motivation for the changes in What I’ve Learned From Living Wrong so you might want to read that if you haven’t already (or not). The changes I discussed […]
“I will never be an accountant, that shit is soooo boring.” I made that statement to my Dad about 15 years ago when he called me at college. It was approximately 2 years before I partied a little too hard and dropped out, 8 years before I went back to school for a Master in Accountancy […]
Big Picture: It worked . . . until it didn’t. This week stocks continued their move higher and it seems like every day for a while now they were run up into the close. Even if price was slightly lower on the day, buyers were coming in during the last half hour of trading and […]
Big Picture: That just happened. A couple of weeks ago, U.S. Equity Markets were stuck in a trading range. Price was beginning to look bearish and they appeared to be testing and thinking about falling through the bottom of that range. Instead of falling down, the markets rejected the lower band of the range, raced […]
Big Picture: Have you ever had a conversation with a cat about trading? Yesterday I was walking around the house thinking about the things I need to do in preparation for my move and I realized that I was discussing the $RUT Butterfly trade with one of my cats. Yes, I just admitted to having […]