Acrophobia

Acrophobia

I am afraid of heights  Today's note is short and to the point The markets are looking over a cliff  A reminder of the October put spreads I recommended  last month And I have a new SPY and QQQ put spread for you     To access this post, you must purchase...
Acrophobia

First Call September 30, 2021

S&P futures are up 0.35% and Nasdaq futures are up 0.45% well off highs in Thursday morning trading after US equities put in a mixed performance on Wednesday, unable to sustain a more meaningful bounce attempt from earlier in the session. Value outperformed again...
Acrophobia

Qualified – Bear With Me

Today is go into detail as simply as I can a DeMark indicator that has been qualified It's a signal that last happened with the S&P on March 4, 2020. I sold my longs yesterday as I didn't like the steep gap down and remain set up the most short since March 2020....
Acrophobia

First Call September 29, 2021

S&P futures are up 0.6% off the highs in Wednesday morning trading after US equities came under pressure in the prior session with the Nasdaq 100 and Nasdaq Composite Indexes suffering their biggest declines since March as growth came under heightened scrutiny....
Acrophobia

Losing Confidence In The Fed

The markets have had a long history of having supreme confidence in the Fed Could this be starting to change?   Could the Fed and Powell become the scapegoat when there is the next crisis? Thoughts on today's "Nowhere to hide" market  We might get a little bounce...