Negative day at all time high

November 7, 2013 6:24 pm / Published in Market Update, Nasdaq, SPX
Today the Market Internals told us that higher prices were not likely to follow. We had a large negative candle and all-time high. Is the music still playing? The SP500 had significant selling pressure and stopped at the lows of October 25th. The big question now is to stay long, do nothing / wait or

Trade on the SPX

November 5, 2013 6:55 pm / Published in Market Update, SPX
Trade on the SPX SPX NOV 08 ’13 + 1800 – 1795 Call Bear Spread Limit price -0.15 This trade expired this Friday. Max risk: do not exceed 2% of Total AUM This is trade is a day order for tomorrow as well.

Market Update

October 31, 2013 11:43 am / Published in Nasdaq, QQQ, SPX
Last time we had the FED announcement we were are the highs after that we saw a steady declined of about two week. Could this be a pattern for the following days? NASDAQ the strongest of the three – QQQ position ended profitable. RUT the weekest of the three SP500 is not a long at

SP500 in Range

October 25, 2013 2:45 pm / Published in SPX
Most of the day the SP500 was trading in a range. And it was not strong enough to brake the highs of 3 days ago. We remain cautios at this levels but there is a reason why the markets are not going down.

Market Update

October 25, 2013 8:47 am / Published in Market Internals, Market Update, Nasdaq, SPX
The Market continue with the uptrend and is not falling. It could take the highs of the last two day a test again all-time highs if we continue trading at this levels. We had great news from AAPL and MSFT: Both of them are short and long term plays. We will buy this stocks on

Long side – Bull signals

October 24, 2013 9:41 am / Published in * Trade Alert, SPX
The market still giving me long side signals. However if we don’t lower volatility, most probably the model will start looking for shorts at lower levels. It is complicated to be anticipate moves at the levels. It is risky to go long but and short. On the other hand, it is clear where most of