$4.75 Stock Trades. Visit OptionsHouse.com Today!   



Forget Greece. The Sky Is Falling In China

Greece’s three-week bank shutdown cost businesses over 3 billion euros according to the Athens Chamber of Commerce and Industry. Despite such astonishing news from Greece, this week national news outlets focused their resources into forecasting that the sky is falling in China. In the famous children’s story of Henny Penny, the chicken who believes the Continue reading →

Greek finance minister resigns – futures rally

A Greek finance minister Yanis Varoufakis announced that he resigns due to “certain preferences” among some Eurogroup participants. In other words, those participants couldn’t stand him anymore. And $SPX futures responded to the news with a rally (which of course will be a short lived, most likely): I only have a few words for this: Continue reading →

Posted by Martin July 05, 2015

Greeks vote NO and send futures to abyss

Here we go again. Now I can say I thought Greeks would reject the Euro-offer, but before that I didn’t dare to say it. What if they chose the opposite, right? I must say that this vote contains so much stupidity in it that it stunned me a lot. If we take off all the Continue reading →

Posted by Martin June 28, 2015

Should you short SPX on Monday upon a GREXIT?

I wouldn’t be so fast jumping the gun and short this market. Futures reacted very negatively on the Greek referendum announced by an irresponsible socialist government. Not only Greeks cannot afford the referendum, the whole EU cannot afford losses from Greeks. Although Greece is posting a nice drama (or tragic comedy actually) I believe all Continue reading →

Posted by Martin June 17, 2015

Yellen Almost Admits Fed Not Ready to Raise Rates

  Peter Schiff’s report on Yellen’s talk about interest rates. Interesting video basically explaining why FED will not increase the rates and that all the talk is just a pretend of rates hike to make it look like FED wants to do it. If the recovery was really so good to justify the rates hike, Continue reading →

Posted by Martin June 16, 2015

Are the markets turning?

A few years ago, when I was training trading options, the trader from whom I was learning pointed out that the markets were turning down. Slowly reversing. And I remember I made quite nice money under his leadership. The chart looked like this: It was 2011 and the market corrected 16% those days (from July Continue reading →

Posted by Martin June 15, 2015

4 Best-Positioned Upstream MLPs: MEMP, VNR, LRE, and LGCY.

Wunderlich Securities analyst Jay Dobson has a pretty glum assessment of upstream master limited partnerships (MLPS). These are exploration and production companies that have been hammered by energy price declines. Dobson writes in a June 15 industry report: The sector has too much debt on average and has suffered from the dramatic decline in oil, Continue reading →

Posted by Martin June 01, 2015

Path to nowhere continues. Where is SPX going tomorrow?

Monday was again as expected. I expected it to go higher at first to overcome Friday’s selling but then drift lower. At first the manufacturing data which came out better than expected but along with not so good economic data (mainly consumer spending) put the market on an upward trend. The market seems to love Continue reading →

Posted by Martin May 31, 2015

Tech stocks are going to break out this week, will $SPX follow?

Tech stocks are about to break out in a big way, according to one top technician. “The Nasdaq Composite has outperformed the broader market this year, outpacing the S&P 500 [Index],” technical analyst Rich Ross said on CNBC’s “Trading Nation.” The Nasdaq Composite has rallied more than 7 percent year-to-date, while the S&P 500 is Continue reading →

Posted by Martin May 28, 2015

Nothing exciting before GDP data adjustment.

The market did exactly what I expected. It went down and later recovered the selling. But the recovery wasn’t strong enough to push the market higher, so it ended down. Tomorrow we will see GDP revised. This may be a market mover. Will it be taken positively or negatively by the investors? Normally, I would Continue reading →