A lump of coal…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=2&mn=0&dy=0&id=p44892117966&a=432305978 Over recent weeks we have discussed  being completely hedged and of not undertaking any operations while prices were in the box (as above).  (And it's not a Xmas present…

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What’s really going on…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Thursday the bears hammered the market.  Friday the bulls hammered back.  In what looks like a major way.  Excitement about the Fed raising rates?  Be careful to watch this…

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Is dinner through?

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Waking from a post prandial food coma the market responded to the end of month phenomenon and bottled up volatility.  We have frequently noted that volatility returns to the…

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Who’s afraid of …

    the big bad wolf, the big bad wolf, the big bad wolf? the big bad fed...  Who's afraid of Janet, Janet Y.,  Janet...? http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=2&mn=0&dy=0&id=p44892117966&a=432305978 So stop the Chinese…

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