Major flush-out in markets today, with the NASDAQ -3.8% and the SPY -2.6%. Luckily, we went to cash on many of our positions this morning, raising it to over 50%. We were also paired with the old man stocks and some SQQQ, which limited our losses to -1.26%. This isn’t a good day by any...Read More

I’ve read various reports, listened to numerous podcasts, and the overall consensus is uncertainty in regards to Trump’s policies and the economy. On one hand, we are oversold and “should bounce” and on the other is fear of pricing in a larger than expected economic decline. It’s also worth noting, put volume is at record...Read More

A great client of mine (you’re all equally great, some more equal than others) quizzed me about what ifs today, in regards to the market and recession. I’ve traded in several recessions, the first being the most caustic: 2000-2002. During that tape, I all but gave up on even thinking about growth stocks, but instead...Read More

Markets appeared to stabilize today, although one cannot be certain. There are several things to be concerned with, chiefly the lack of confidence markets have in Trump politics and secondly the seemingly unending EUR/USD surge. It seems there is a capital flight out of dollars and into European markets. We can see it via that...Read More

Broken elevator cable pin action today, wholesale selling in just about everything short of MCD. You can view almost any indicator and it will show you were are incredibly oversold, overly bearish, and based upon historical narratives — overdue for a very sharp rally. Nevertheless, we can’t just sit here and wait for markets to...Read More