Big Picture: Okay everyone, it’s time to take off your tin foil hats and climb out of the bomb shelter. The markets have had something of a healthy offer over the past week. I have no idea why other than the sellers are more aggressive than the buyers and, frankly, it doesn’t matter. Understanding “why” […]
“Most people overestimate what they can accomplish in a year and underestimate what they can achieve in a decade . . .” -Tony Robbins Listen, I know writing a post about goals is about THE most cliche thing you can do at the beginning of a new year. At the same time, it’s important to […]
Overview: The video below walks through a Reverse Harvey adjustment that was made to the February CIB. With the move lower in RUT, we had an open profit and it made sense to protect the position in case of a fast move higher. The Reverse Harvey knocks in the wings of the Butterfly and reduces […]
Overview: Just a couple of short weeks ago as we were getting ready for the Santa Claus rally that wasn’t, the February CIB almost needed an upside adjustment. (See this video) After falling short of the upside adjustment point, the market traded lower the following week and tumbled another 2.3% today. In the video below […]
Big Picture: Surely the markets are happy to be done with 2015. On Thursday we wrapped up the last minutes of trading for the year with a little sell-off. What a gift, Santa remembered the bears! 2015 was very unkind to quite a few Hedge Funds and investors who chose to seek yield in risky asset classes. […]
The post below originally appeared on SeeItMarket Do you really count last couple weeks of 2015 as a successful Santa Claus rally? The Russell 2000 has returned around 2.5% over the last two weeks in December as the markets head into the last trading day of the year. 30 day Implied Volatility via the RVX came […]