The love letter that the Fed wrote to wall street at the open market meeting got a quick rise out of the bulls, but they could not hold the gains into the close, and we ended up with an 70+ point down day. Not huge by any stretch, but this …

Watching the seven point surge in AMZN on Wednesday after the stock was upgraded, my first thought was that there must be quite a few shorts getting squeezed. Sure enough, over 6% of the float is borrowed, a huge amount for a large cap stock. My second was that this …

Another day, another 80 points. The market tried to go down at the open, but “they” were having none of it. Was it Goldman Sachs and the boys at it again, reeling in the suckers with another light volume rally like lambs to the slaughter? Who knows? Who cares? It’s easy …

Yet again the market opens up, fades, then spikes up at the close for a nice little gain on low volume. To anyone not paying attention, the take away is another up day, Yeah! As you may have guessed from my previous posts, I don’t trust this rally. But, thinking …

Welcome back for the official start of the end of the trading year. Today we are going to add a deep in the money call spread that expires just after the end of the year. This is a medium payoff bet with a high probability of success. Here we go:
HGSI
Buy …