The SPX index closed above 1400 for the 3rd straight day this week, but it continues to be on lighter and lighter volume. Sellers have returned to other markets today (namely commodities and currencies markets), …
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Trade Update May 16th, 2012 at 9:33am: Well we had a couple things right on our analysis heading into this trade last night, we thought that the options market was right on this one and that …
Continue readingJCP reports Q1 earnings tonight after the close. -The options market is currently implying a ~10.5% move up or down following the report, which is massive compared to the last 4 qtrs avg move of only …
Continue readingWell, some things are predictable. Death, taxes and snap-back rallies from an oversold condition……and that’s exactly what we got yesterday. I have been trimming shorts in anticipation of this with the notion to put them …
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