Good Day All, Our level in the SPYs from last week has held so far, here’s a reminder: So, that’s that, BUT (And it is a BIG BUT) we’re on the eve of the mid-term elections and the results could dramatically move markets in either direction.  We have searched far and wide for bearish ideas but the indices…

Good Day All, Here’s a reprint/reminder from yesterday morning: With many bear names from last week, we’re thinking that rolling down aggressively if you’re still bearish wouldn’t be the worst idea, assuming you can.  Why?  Well, the volatility that we anticipated would persist, has persisted, and that could continue and could produce another sharp rally like…

Spectrum (formerly Time Warner) strikes again!  We lost our Internet connection hence 2 links to 2 recordings: https://register.gotowebinar.com/recording/5936950867625472779 https://register.gotowebinar.com/recording/3354753307352313868  

Good morning All, We’re in touch to point out that the SPYs essentially made it to a key level near yesterday’s lows.  The SPYs briefly fell below our $260.00 target level from last week for a short while before rallying yesterday. With many bear names from last week, we’re thinking that rolling down aggressively if you’re…

Good morning All, With the selling reenergizing after yesterday’s upside jam-job, we’re putting forth the target levels we mentioned in our last update.  If the selling continues, these levels (or closeby to them) could come into play for rolling or profit taking. The following covers our one official bearish idea and all bear mentions as well. …

Good morning All, Here’s reprint worth reprinting from an update sent out a few days back: Not holding the 200 SMA resulted in instantly strong selling.  Not holding the recent low could ratchet up the fear and create panic: … a little more weakness could trigger even more fulfillment to the downside courtesy of the…

In an update last week we noted that the 200 SMA was critical to hold and we’d have to wait to see what happens as Street Schemers tried like heck to keep the SPY above it.  We noted that the new week might reveal what’s next.  Now we know: Not holding the 200 SMA resulted in…

https://register.gotowebinar.com/recording/3278330651841814536

Hi All! With the futures markets indicating a lower opening for the major indices, that could push some bearish names down even further this morning and that would include last week’s bears and this week’s SYY.  When volatility picks up, we’ve always become more aggressive rollers in our career because the markets become very oversold…