free-indicator-header

Black Friday Freebee – Market Metrics

As this Thanksgiving holiday week comes to a close, I thought I would pass along the link for a cool little market internals indicator I crafted a few years back. Numerous market metrics are available in thinkorswim to help us gain some insight into what is driving price action. If you look at the public … Read more

trading-thanksgiving-header

Trading Thanksgiving

While most normal humans use this week to begin embracing the holiday season and all the wonderful social detail it brings, myself and others like me continue to have a captivating relationship with the markets. On one hand, we allocate a fair bit of our existence to research, trading, and updating charts. Giving the mind … Read more

dow-header

Where’s The Nasdaq?

The Dow is making new all-time highs and the Russell 2000 is at the highs of this move. The questions that arise are clear. “Where is the Nasdaq?” “What doesn’t agree?” “Are we missing something?” I think something stinks. And I think we are going to find out what it is soon enough. I am … Read more

election-header

Election Day, What Next?

Today is Election Day. How will the markets react after the election is over and we have chosen a new president for at least the next 4 years or maybe even longer? There are many opinions out there, but does anyone really know? Let’s review what has happened with the S&P 500 the past 2 … Read more

thrust-image

The Zweig Breadth Thrust

Before CNBC, or any other dedicated financial TV programming, there was Louis Rukeyser’s “Wall Street Week.” If you ever watched it then you are probably already familiar with Marty Zweig who was a frequent guest. Or perhaps you’ve read his book “Winning on Wall Street.” If so, then you know that Zweig combines fundamental analysis … Read more

election-blog-header

The Low Probability Play

Friday’s action suggests that the market doesn’t particularly like the idea of a Trump presidency. That may or may not ultimately be true. There is also still a relatively low probability that we will even find out. But that doesn’t mean that we shouldn’t discount it entirely. Trading, and options trading in particular, is a … Read more