by Thomas Thornton | Feb 28, 2020 | Daily Note
The volume early today looked like capitulation at least in the short term I'm still rather bearish but have seen enough that could spark a bounce A few thoughts from the plane Take off half of the index ETF put spreads we recently recommended Have a great weekend To...
by Thomas Thornton | Feb 28, 2020 | First Call
S&P futures down 0.56%, but off worst levels, in Friday morning trading after the index fell more than 3% in three of the last four sessions and is poised for worst week since the financial crisis in 2008. It has only taken six days for S&P to fall more than...
by Thomas Thornton | Feb 27, 2020 | Daily Note
Very fast markets today. Covered a bunch of stuff and added some new short term long exposure for a bounce Not everything has lined up for strong bottom and this might be the first of five down waves SPY vs TLT ratio has worked very well again and it might turn in...
by Thomas Thornton | Feb 27, 2020 | First Call
S&P futures down 1.3%, near worst levels, after the index finished lower on Wednesday for a fifth straight session. Asian markets mixed overnight with Greater China outperforming while Japan, South Korea, and Taiwan saw big declines. European markets under...
by Thomas Thornton | Feb 26, 2020 | Daily Note
A big report today with analysis on a lot of markets and sector ETF's One of my mentors told me years ago how to judge a correction Adding SPY and QQQ short again with tight stops And SPY, QQQ, and IWM put spread ideas I'm back to neutral on Bitcoin and less bullish...
