100% Cash.. and it feels good
A quick reading on my love for sitting on cash. Do you visit the land of cash often?
A quick reading on my love for sitting on cash. Do you visit the land of cash often?
Well its been nasty the last few days. We have broken all support levels except one the $spy 108. Everything else is breached. If you look at the selling the last month. What do you see. On up days the volume is very small indicating only the retail traders were trading on those days. …
I follow oil religiously. I get concerned when I see oil continue to go down, especially since it’s not a naturally recurring resource 🙂 People keep asking if I’m still bullish, or if I’m always bullish. The answer to the first question, am I still bullish, is yes. ..am I always bullish? No. I have …
Everybody wants to participate in a rebound in the market, but a lot of us are gambling instead of trading. Few thoughts and a few new stocks on my watch list.
Friday’s major breakdown changes the nature of the trend, as the 50 day moving average, which has acted as a strong trendline, was broken. Not only did it break, but it broke hard on strong volume. Look to short on a pullback to resistance I wont short at this area as many plays …
After the massive sell-off across then entire solar sector this month, are we finally reaching a level of interest and possible reversal?