Time to Buy Volatility

As we mentioned in our alert earlier this week, artificial market forces seem to be keeping stocks propped up going into quarter’s end. But a different picture is manifesting itself in the underlying market technical indicators. While April is seasonally a good month for investors, we believe these technical factors will lead to a bumpy start […]

Witnessing Window Dressing as the Quarter Ends

The stock market got what it wanted yesterday from Fed Chair Janet Yellen. Interest rate hikes are on hold and the reason is global uncertainty. Given the fragility of the world economy, the risk of raising rates and a strong dollar is just too high right now. Markets soared here in the United States on […]

What Did Fed Officials Just Say?

Just when you thought that the Fed had embraced a new dovish demeanor, the hawks come out of hiding and swoop down on stocks, oil and gold. I am referring here to the bizarre turnaround in so-called “Fed speak” that we’ve seen this week, as four Fed officials came out to say that the April

An Overdue Pullback and Strange Fed Speak

It was a holiday-shortened week, as markets are closed tomorrow in honor of Good Friday. Yet just because the week was short on days, that doesn’t mean it was short on action. This week, stocks finally experienced a long-overdue pullback, and after five consecutive winning weeks, the major averages slid into the red. When the […]

Leaning Short with No Options

The market has had a tremendous run. The Dow Industrials has run up 2,000 points since Feb. 8. The S&P 500 has advanced more than 12% in the same time period. After a run like that, it is time for a pause. We are adding two new exchange-traded fund (ETF) positions to our ETF Trader’s

A Week of Gains, A Week of Change

The market made it five in a row this week, as in five consecutive weekly gains. The spike in stocks over the past month-plus has been impressive enough to send the S&P 500 Index into positive territory for the first time in 2016. More importantly, the gains over the past several weeks have pushed our […]

It’s All About the 200-Day

In last Friday’s Weekly ETF Report, we told you that the S&P 500 Index had just breached the all-important 200-day moving average. That is usually a very bullish pivot point for stocks, and that’s exactly what we witnessed this week. The chart here of the S&P 500 SPDR (SPY), the ETF pegged to the benchmark

Sell When You Can, Not When You Must

We have seen a tremendous run in oil and our related Russia trade over the last two weeks. We are sitting on gains of more than 170% in our USO options spread and 101% on a Russia ETF option, not to mention the 13% and 10% in the USO and RSX ETFs, respectively. Those returns are […]

Fed Day, Get Ready for Some Big Moves in the Markets

The Fed plans to announce its decision on interest rates and monetary policy later today. The U.S. central bank is not expected to announce an interest rate hike today but the question will be when it will happen next. We’re sure the Fed will offer language today that gives the central bankers some flexibility but […]

On the Verge of a New Buy

Over the past four weeks, stocks in the S&P 500 have seen their value skyrocket some 10.6%. That’s pretty amazing, especially when you consider that stocks started the year in horrific fashion. And despite the gains over the past month, the S&P 500 still is in the red by 1% for the year. When the […]

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