Tweet By Faces In Cabs What an odd (and wonderful) price shock for bears on Friday. The news from Ukraine and Russia appeared to darken the recent clouds over the exuberant equity markets. The added drama that this event arrived on OpEx day created a significant reversal and scalping opportunities in the options markets. Furthermore, […]
Tweet By Faces In Cabs This low volume Monday appeared to end on a whimper, as the major indices ended at their lows of the day. Combined with the large fade in the afternoon, that’s a clue to me that the equities may be going down as early as Tuesday, so I wanted to put […]
Tweet By Faces in Cabs About 9 days ago, the markets experienced a 300+ point shock event down. However, that shock event’s price appears to be stabilizing after Friday’s large PPT reversal bounce (which began 4 hours after the Japan market open, when the Nikkei was down over 400 points). I would note that Friday’s […]
Tweet By Jeff Pierce The dollar looks set to challenge 2013 highs. Crude’s recent move lower has hit support. I’m not convinced it will hold.