Stocks constantly establish support and resistance levels that can give traders a false impression of where price will have the biggest reaction. Our job as options traders is to find the most meaningful levels, or the levels we have the highest...
Read More – ETF Watchlist – The market is moving higher as of this morning, however, we still believe there could be a little bit more to this pullback in the meantime. The number to watch on the S&P 500 is still at that 4300 mark, a bounce could come...
Read More In a market that is showing a fair amount of weakness over the past week, we found a stock that also looks week. If you look at the Goldman Sachs (GS) chart, there’s nothing really exciting us about a move to the downside as the stock didn’t...
Read More – ETF Watchlist – It still remains our view that this pull back is still very much in effect and we won’t see indexes like the S&P 500 find some support until at least 4300. This gives a good point to look for a reversal or at least a...
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