Category Archives: watchlist

Resilient market yet. We could get a blow off top early next week. Suggestion is to keep high flyers on a very tight leash. Will be stalking SPXU under $10.5 and TVIX sub $14. Meanwhile, there are still a few … Continue reading →

Feels like musical chairs up here w/ the market extended as it is, but I’m presently thinking more topside. VIX did achieve an 18 handle on Friday, however.. still watching for SPY gap closure north of $133. A few ripe … Continue reading →

Holiday shortened week coming up with the market closed on Monday. Options expire on Friday, and max pain for SPY is about 3% lower at $125. Despite clear potential for more upside in the short term, I have little on … Continue reading →

“The first panacea for a misguided nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists alike.” This quote resonates … Continue reading →

Things look awful dire, but I tend not to think that we fall apart immediately. Instead, we may stabilize down here shortly, and then take a weak stab at $130. If we do flush through this neckline, there’s crash potential, … Continue reading →