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For this week (and possibly beyond) I have a technical macro bearish bias, but this upcoming Friday is pivotal and could change things. Today was a major shift, but Monday’s don’t count. Things can look great on Monday and then by Friday you’re totally engulfed in red candles. The following charts below include my bearish …

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I tweeted earlier today that I predict some forex/oil mumbo jumbo will be the excuse for further market poppage. It looks like that is the case right now at about 12am est. I sold my GS today (wrongly so), but still made a profit on those 155 calls. The target was not hit, but likely …

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I shorted the indexes with a full position this morning while the indexes were up in the range of .50%. The RUT finished down -.18%. The gain turned out to be around 1.2% avg between the 3 I trade. What I owned going into today: EWZ Nov 71 puts, UNH Nov 27 calls (sold for …

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Most of these setups relate to the idea that I think the US dollar will rally soon. There are times where a rounding top happens in the market and with no sign of the impending drop, and then BAM, the market produces one big red down week that takes out anywhere from 4-20 weeks worth …

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Is SPX going up to 850 first or back to 800? Look at the drops in SRS and FAZ. Buy signals in FAS. BAC buy, JRCC buy. RT, DRI, CAKE are all buys. I have a special love for RT. Some other things showing new buys are EWZ, RSX, EWY, EXM, USO/DXO (this one could …

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