Where the FUCK is everyone at??
I mean, I know The Fly’s telling you (unwashed internet masses) to STFU, but this is YOUR tab!  The place to air your deepest, darkest, most disturbing and inane (market) thoughts.  Shit, if you’ve seen any of my posts, you’ll know it doesn’t have to be good, actionable, or well-written.
So [...]

You might think that high probability and high risk are mutually exclusive…and they probably should be…but hear me out.  There are 2 parts to this odd-couple trade: both high probability (and I say that without any empirical evidence), but one much riskier than the other.  The main idea is to hedge my directional portfolio that [...]

Late Night Mundane UPDATE:
This is surely a sign of the end of bullishness…the SPY 20-day sma finally crossed back over the 50-day AND the index put/call ratio ($CPCI) spiked high to 1.68, which I consider a contrarian long SPY entry.
Any other day, I’d be ecstatic for these signals…but after 10-days of “straight up” market action, [...]

So the $VIX closed higher for the 2nd straight day, definitely ending that amazing streak of straight downward momentum.  The multi-year support around 17 has held strong.  And while it looks like it wants to bounce a bit more (which should bring some downwards market action along with it), the fact that it has failed [...]

Hollywood’s BIG night of auto-fellatio/cunnilingus “went down” earlier tonight, ending with a couple surprise spurts.  I guess we’ll have to start calling it the more PC auto-fellatio/cunnilingus thanks to Kathryn Bigelow’s upset victories.  I have yet to see The Hurt Locker, but I just might have to after seeing the ease with which it defeated [...]

Dear Red Candles:
We need to talk.
The first time I saw you, you were in red.  It had to be red, hadn’t it?  I mean, it was love at first sight.  But you know that.
Hard to believe that was 16…days…ago.  Sixteen!  Add in weekends and holidays and that’s almost 4 weeks!  Four weeks of exclusivity and [...]

Many names in my basket-o’-100 have now seen 3-4 days of straight up bullish price action.  Without a dip, these now pose a rather unattractive proposition for new long calls.  So despite the ($SPX) 5-day sma poking its head above the 50-day for the first time in 6 weeks, I’m sitting tight and not making any [...]

Now that was much better!
Nothing like a bit of bullishness to start the month off right.  The $SPX is back above its 50-day sma, while also breaking slightly above its February high of mid-1112’s.  We’re also just a fraction of a point away from being back to breakeven for the year!  Add in strong tech [...]

And welcome to March…the promise of spring (and spring skiing) and madness beckons.  A most favorite time of the year, to be sure.  Winter is over (and with it, sadly, the Winter Olympics) and it’s time for some renewal…
Let’s hope it brings with it some better trading on yours truly’s part as well…as February was [...]

Leave it to the Frenchies to produce the most saddeningly [sic] embarrassing moment of the Olympics so far.  Ms. Rolland, skier extraordinaire no doubt, lasted a whopping 5 seconds into her run before she fell without making even a single turn.  Apparently, she also managed to blow her knee out while going completely straight!  Now [...]