Index Analysis Paralysis

The tape action in the SP500 today is definitely NOT confirming the bearish thesis forecast over my previous two postings. The tape action today basically did a ‘stick save’ and now has once again flipped the bias to the bullish side. In addition today the financials are very strong, not to mention many of the … Read more

SPY Analysis for March 19th 2014

SPY ETF Chart

Today was Fed decision day and it did not disappoint in terms of providing some volatility today. My gut instinct today was that the market would do the typical thing today and sell off a bit on the 2pm announcement and then rally into the close and blast higher after that. I actually thought today … Read more