Considering investors were very bullish heading into today after the session Friday ended on such an upbeat note, I was very surprised to see the market slip some 1.5%. This sets the stage for a very interesting week as wall street investors come back from August vacations and get back in the saddle. ...
More back and forth from the market today as we opened with a decent gap to the upside just to see it reverse down throughout the day finishing in the red. Volume was lower so not too much significance can be concluded from today’s session. Let’s see what happens tomorrow...
Towards the end of April (4/22/10 to be exact) I started trading in a new retirement portfolio with OptionsHouse . Since it launched my portfolio is up +.79% versus the S&P 500 which is down -10.35% over the same period. What makes this feat even sweeter is that Ive only had 4 winning trades out of 19, effectively leaving me with a batting average of .211% (1 out of 5)...
The rally that began on July 6th has continued to move up but on terribly low volume. Technically speaking we are setting up for a heavy reversal back to the downside; realistically though irrationality continues to dominate. ...
