Monthly Archives: January 2013

Post Mortem

The Russell acted like it has found a small trading range.  It may go sideways.  It is difficult to imagine a fierce up move from here; and the downside seems dubious, unless either of the indexes take the lead. Priceline … Continue reading

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Market Prep

Overnight, the broad market equity futures traded in a narrow range. The Euro traded down slightly against the Dollar. Some weakness noted in Asian and European markets. Weekly jobless claims and personal income and outlays are announced to the lay … Continue reading

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Market Recap

The SPX closed at 1501.98 (5.88); The RUT lead the way down, closing at 896.91 (10.43). AAPL closed at 456.83 (1.44). Volatility rose by 7.59%. The early up move in SPX was betrayed by a simultaneous up move in the … Continue reading

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Today in the Market

Volatility is down and the market grinds up. Short Delta and Vega positions are underwater. More pressure to the upside demands more uncomfortable adjustments, including taking losses. Small positions prevail. In the meantime, professionals watch and wait for worry. Today, … Continue reading

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Living Forever

We are magic moths A fluster of dust and shine Flames and flicker, flight And yes time. You know, That measure of space. Here’s how it travels Through your body. It Springs, grows, crashes, And hurts. All normal. All not … Continue reading

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