I came into today 50% long in my Rydex account and one select long with JCP calls. JCP looked good right out of the gate and I then went into TNA and LVS calls. The market started out with this lame up move, but LVS calls were ripping. I didn’t take the gains. I ended [...]

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I’ve been positioned short for more than a month now and have really been doing well on the indexes lately. While many traders were clinging to the final leading stocks like NFLX, AAPL, AKAM, etc, my systems had signals for being short since April 30th. What I’m looking at today is the same as how [...]

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Are you interested in trading treasury movements? Treasuries are what would be considered a 1x beta trade. It is very safe and the price movement is very small compared to your usual stock. However, Direxion has 4 triple leveraged options so that now the lame moves that Treasuries normally have, are juiced 3x whatever its [...]

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Well being 100% short you can imagine it was a good day for me. You would be right. I covered my index funds and all my other shorts pretty much within the first hour and a half. I took in an average gain of 5.8% in RUT, NDX, and SPX. I also took nice gains [...]

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If you watch the market closely you know the market is at a critical point. I’m trying to focus beyond the short term here though. If I step back I’m seeing many many stocks that are beginning a pattern similar to MON did months ago. There are many inverse ETFs looking like they want to [...]

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Originally I thought with the indexes resting on some decent support we would get some higher movement before dropping. This was the chart where I laid out my prediction. As you can see we moved down to the level I thought we would at 1073. However, I’m changing this up move bit. I think we [...]

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Well yesterday I said I was looking for the SPX to hit 1073-1074 based on the previous day’s trading action. SPX closed at 1073.69. The actual number on the low end was 1073.65 so technically .04, but I didn’t post that number, so lets stick with the 1 point range for a minute. SPX closed [...]

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