$SPX at resistence

August 17, 2015 12:29 pm / Published in SP500, SPX, SPY
SPX erases losses after positive housing data.  

$China

August 17, 2015 9:56 am / Published in China, SP500, SPX, SPY
Last week we saw a lot of volatility enter in the market. The Chinese devaluing their currency caught the market on a bit of a surprise. The Chinese have stated many times that they are willing to step in and prop up their market and they seem to be standing by that notion. Their export

$VIX undercontrol – Fear did not enter in play at current levels

August 12, 2015 10:23 am / Published in AAPL, BABA, GLD, SP500, SPY
Chinese yuan hits four-year low Too early to judge Chinese currency policy-NY Fed’s Dudley Alibaba falls to all-time low after revenue growth slows Apple hits more than six-month low   PL

$SPY LONG

August 10, 2015 11:06 am / Published in SPX, SPY, XIV
There is a 90% chance that the SPY trade higher in the next 7 days. Option structure to go long at this levels.

Fourth Balance day in a row $SPX

July 9, 2015 7:52 pm / Published in SP500, SPX, SPY
Wall Street bounced back from sharp losses as Beijing halted a rout in Chinese stocks, while Treasuries plunged. The yen and Swiss franc snapped gains as investors bet on riskier assets. Oil rebounded on uncertainties over Iran nuclear deal and spot gold advanced. The positive note is that 2034 still a valid support for the

Three days with higher highs $SPX

July 2, 2015 8:37 pm / Published in SP500, SPX, SPY
The bears will move again soon. Three days with higher highs. On the other hand today stocks retreated after the IMF warned Greece may need a large debt write-off. The dollar slipped on tepid U.S. jobs data, signaling a delay in the Fed rate hike, while Treasuries rose. Crude declined as the U.S. oil rig