As you read this, I will be around 30,000 feet in the air enjoying a drink and telling dumb jokes to a flight attendant… On my way to see my children in NYC. Friday I will be away from the computer all day. No charts, no alerts… No work at...
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All three major U.S. indices closed in the green as the $VIX pulled back from its recent extreme levels, back to $20. The market’s future direction will likely be determined by a variety of factors, including the Omicron virus, inflation CPI...
Read MoreMany people equate volatility with risk. Or, conflate risk management with risk aversion. Both views would be wrong and detrimental to your ability to invest or trade profitably. In all my writing, I’ve repeatedly emphasized the importance of...
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Stocks, the headline indices, and nearly all the individual names are ripping higher today. With the SPDR S&P 500 (SPY) and Powershares Nasdaq 100 (QQQ) both up over 2% as of midday, are enjoying their best two-day period in 13-plus...
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While the $VIX reached an extreme level, $30, all three major U.S. indices rebounded impressively to start the week and finish in the green. The Dow Jones rose over 1.8% while the S&P and Nasdaq also booked modest gains as investors shook off...
Read MoreWe’re having a strong day in the markets today with the Dow up over 2 points as I write this, the S&P up almost a point and a half. The Nasdaq is lagging behind, likely because of the tech names that have been slammed the last few...
Read MoreIt has been one of the wildest weeks in memory as the destruction in individual names is finally dragging down the headline indices. As of midday, the SPDR 500 Index (SPY) and Powershares Nasdaq 100 (QQQ) are down over 1%; now off some 5% from...
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