Option Expiry $SPX and $FED

November 19, 2015 10:17 am / Published in FED, SP500, SPX, SPY
Dont expect VOL to increase – closing options at current level   FOMC minutes indicate that the Fed is set for a rate increase in December.  However, reading the tea leaves tells a new story.  Until now, our analysis of past FOMC minutes has been that the Fed is likely to raise rates by 100

$SPX -1.2% today and -2.71% MTD

November 13, 2015 5:04 pm / Published in SPX, SPY
Wall Street declined following weakness in technology shares after Cisco’s disappointing earnings forecast and gloomy sales outlook from department stores. The dollar rose on continued expectations of a Federal Reserve interest rate hike in December, while spot gold declined. Safe-haven bid boosted Treasuries and oil fell on oversupply concerns. A macro systems is giving stay

$RUT Long trade – RUT will try to reduce the gap vs Nasdaq and SP&500

November 6, 2015 9:20 am / Published in QQQ, RUT, SP500, SPX, SPY
Exit Time: 3rd week of Dec 2015 Stop Loss: TBD RUT will reduce the current gap vs Nasdaq and SP&500 The markets are holding well to the recent highs they have achieved. The RUT hasn’t had the recent success as the other markets but that could leave it room to catch up instead of lead them

$USD and $SPX stronger

October 29, 2015 10:16 am / Published in SPX, SPY, USA, VIX, XIV
Now, there is only 20 points to reach 2100 where some resistance will appear. Financial shares added gains and pushed indexes higher in volatile trade after Federal Reserve hinted a possible rate hike in December. The dollar touched its highest level against the euro in more than two months and Treasury yields rose, while gold

$SPX – Higher Highs and Higher Lows $HHHL

October 19, 2015 9:06 pm / Published in Bonds, EUR, SPX, SPY
Gains in biotech shares buoyed indexes offsetting poor quarterly results and a slip in commodity prices. The euro slid against the dollar as investors eyed further stimulus from European Central Bank’s meeting later in the week. Longer-dated Treasury yields ended mostly higher.    

Valid $SPX trading Signal

October 19, 2015 9:38 am / Published in SP500, SPX, SPY, USD
Stocks appear to be on the verge of breaking through the resistance that has defined the equity market since the mid-August swoon. But if that’s going to happen, it’s going to have to come as a result of earnings, with a number of big-name stocks such as Alphabet, AT&T, Microsoft, Caterpillar set to release results.