SPY

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The Gambler's Fallacy

It's more of a mathematical curiosity than anything else, but check out the odds of 14 successive up-days below, the record for which looks to get set by the SPY today. If that's not a pot of leprechaun gold for the bulls on this St. Pat's day, I don't know what is!

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Votes:9
Views:129

Market Technical Strategies And A Look Ahead. (NASDAQ:COST), (NASDAQ:PALM), (NYSE:SPY)

The markets ended the last week of February 2010 almost flat. The SPDR S&P 500 ETF (NYSE:SPY) ended the week -$0.40. While they were basically flat, that does not describe the crazy movement and wild swings the markets displayed during the week. Between the wild swings in the

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Votes:6
Views:88

Playing the Correction Using Stock Options

It has been a scary ride down over the last 10 days but we cannot let fear overcome us. Yes the S&P 500 has corrected 6.6% from its closing high, but did we forget it rallied 70% from its closing low?

Vested Interest: 
Disclosure: Long February AAPL 130 Put Options, Short February AAPL 190 Put Options, February 185 Put Options
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Votes:7
Views:113

Gaming the Selloff with Put Ratio Spreads

With the massive selling drying up a tad over the last two days and the SPX catching a bid, we've seen the VIX move predictably lower. So far so good for any one that chose to short volatility into the spike on Friday.

Speaking of fading the VIX- what types of strategies could a trader use when betting on a declining VIX?

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Votes:8
Views:148

Fat Banks Have It Made In The Shade

Since early last year the major banks have had it made in the shade. What other business can you make money without taking on any risk?

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Votes:9
Views:259

Trend Day Plateau Retest

Yesterday's price plateau around SPY $113.30 has been tested twice and held on mixed economic news. Like the news, internals are also mixed with Cumulative Tick net negative, mild yet positive Advance - Decline readings, and slightly outpacing Up Volume.

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Votes:9
Views:256

Monitoring the "January Effect"

Many traders are throwing around the term "January Effect," especially as we turn the corner into January 2010. Some are trying to profit from the "January Effect," but what is this ‘effect' and how can we monitor it? Let's find out.

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Votes:8
Views:167

Magic Formula Investing Year in Review 2009

Magic Formula Investing had a dynamite year in 2009, far outperforming the market and delivering numerous stocks that doubled or better over the course of the year.

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Votes:9
Views:340

SPEND TO THE END

The markets have floated since the Santa Claus rally began early last week. The volume has been extremely light and this does give the market a slight upside bias. Remember the old saying, never short a dull market. Well, this market has been very dull if you go by the current volume. Many stocks have screamed to new highs for the year such as Apple

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Votes:7
Views:148

Dollar Down, Oh It's Fed Day.

One can only wonder if Charles Manson is due to receive the Congressional Medal of Honor, or tiger woods receiving the Husband of the year award.

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Votes:10
Views:161

The S&P Review

What will 2010 bring for the S&P? This article takes another look at the S&P three months after the last review.

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Votes:8
Views:171

TRADE LESSON: EXTENDED MOVES CAN LEAD TO GOOD TRADES

It is very important to watch for stocks on all time frames that get extended from the 20 moving average. Today NVDA was gapped higher on the day and very extended from it's 10 minute and 60 minute 20 moving averages. This tells us that the stock must pullback or stall at these levels. The next step is to

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Votes:4
Views:99

Volume Talks: Wednesday's Hot Stocks on Heavy Volume & Detailed Option Trade

With the major indices trading mixed Wednesday, there were many stocks which traded higher on BIG volume. The list described below is a large one which is quite unusual for a rather flat trading day.

Vested Interest: 
Long December ASIA 22.50 Puts, December ASIA 30 Calls, Short December ASIA 25 Puts, December MELI 55 Calls
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Votes:6
Views:235

The Keys To The Market Are Right In Front Of You...

The markets opened flat on the day after the ADP jobs number came in slightly worse than expected yet still showed a constant small improvement month after month. News means nothing. Why? Well because the dollar is king right now. As we have said day after day just keep your eye on the dollar and it will show you everything. After the open, the...

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Votes:7
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Friday's Rounded Reversal Sign of Strength

Friday's action gave us one of the best examples of the ‘Rounded Reversal' Day Structural developments. Let's take a quick look at both the intraday SPY 5-min and 1-min chart and use this day as an educational reference of this concept.

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