Expecting a closed above the green line – Positive outlook: $SPX

March 30, 2015 12:59 pm / Published in SPX, USD, USD/EUR, VXX
The markets should probably continue with a positive course for most of the week, as investors keep adjusting to lowered earnings forecasts and the uncertain direction of the dollar. The greenback may continue to feel some pressure as funds flock to Europe — an additional $5.4 billion went into EU funds this past week, but it

$VIX and $Gold traded higher

March 26, 2015 8:40 pm / Published in Middle East, SPX, SPY, VXX
Tension after Saudi Arabia and its allies carried out air strikes in Yemen weighed on global stocks and pushed oil and gold higher. A weak seven-year auction sent Treasuries lower. The dollar recovered earlier losses against the euro. The $VIX still inside of the white box, thus risk parameters are maintain.        

$VIX increasing and $SPX at trendline

March 26, 2015 9:21 am / Published in * Trade Alert, Hedge, Market Internals, Middle East, Nasdaq and NYSE, SPX, SPY, VIX, VXX
We are trading just at the trendline (green) if the selling pressure does not stop there is a chance to trade to 2000 or bellow to 1990 in the SPX The situation in the Middle East is not helping the markets: “Centuries old conflict between two branches of Islam, Suni and Shia, just escalated.  Overnight Saudis

$SPX & $CPI

March 23, 2015 7:12 pm / Published in Market Update, SPX
The Labor Department is scheduled to issue Consumer Price Index for February. The report is expected to show the 12-month gain in the core CPI holding at 1.6 percent. The index likely rose 0.2 percent in February, after falling 0.7 percent in the prior month.  

$SPX – Last Friday the sellers showed up

March 8, 2015 6:32 pm / Published in * Trade Alert, SPX
I still dont have enough data to go short on the SP500. On the other hand the large drop from Friday met resistance at 2072 level. I need to see the early prints tomorrow.    

#SP500 New Highs

February 13, 2015 4:31 pm / Published in All Time High, SPX, SPY
Stocks Higher as the S&P 500 Hits a new High! Stocks on Wall Street opened in positive territory and remained there throughout the morning, pushing the S&P to a new all-time high in the process. The Dow has climbed back above 18,000 for the first time this year and is also potentially on track to