http://www.stockrake.com

I wanted to do more, but held back. I’m playing CLF with June calls and a WLT June call spread based on an oversold trade. Again these are trades. I’m mostly in cash and these are speculative, but high odds pattern trades. Materials/Energy is oversold and these are ideal bounce plays. I kept the index …

Read More

Patience. I’m waiting to strike for the next trade. I’m in cash looking for a tradeable bottom tomorrow for the indexes. The Fed speaks tomorrow. If the morning is weak, I just might be buying it. Last week (November 14th) I said: “As far as new trends nothing looks all that good right now, but …

Read More