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Posted by Martin March 08, 2015

SPX (un)expected move for March 9, 2015

What a trading last week. I must admit, $SPX tricked me into a trap. If you go back to look at my market expectation from last Sunday I expected the market to fall down and correct the uptrend. This is a picture I originally posted:     From the chart above you can see what Continue reading →

Posted by Martin March 05, 2015

SPX expected move for March 6, 2015

Tomorrow is expiration day for our SPX bull put spread. Today’s trading bought us a little padding for tomorrow, making our trade safer than what it was yesterday for example. Hopefully this relief will help us tomorrow. The market is weak and it stayed around $2100 level the whole day today as investor are expecting Continue reading →

Posted by Martin March 04, 2015

SPX expected move for March 5, 2015

The market outlook doesn’t look good for our bull put spread against SPX. If the selling continues tomorrow with the same magnitude, our strikes will be breached and we will have to roll the trade away in time to give this market more time to consolidate. On Tuesday, there was no reason for selling at Continue reading →

Posted by Martin March 03, 2015

SPX expected move for March 4, 2015

Today, we saw SPX retreating from its all-time high level. Surprisingly, it wasn’t economic data which sparked the selling but not so good sales reported by automakers. That’s at least what media are trying to tell us. On Monday the trading was strong and bullish enough to reverse bearish outlook and my technical indicators shot Continue reading →

Posted by Martin March 01, 2015

Will S&P 500 go up or down next week?

My quick answer to that question is “I do not know.” But I may at least to try to set boundaries for its move next week, so my potential trade would sit outside of those boundaries and safe. So I cannot say where the market would go next week. Let’s take a look at what Continue reading →

Posted by Martin February 26, 2015

SPX expected move for February 27, 2015

Once again investors in Wall Street freaked out about oil and continued selling energy stocks. That would affect our put spread positions in OXY, LGCY, and EVS, which sold hard today. But these trades are a long term trades and thus today’s sell off is not a concern to me. They can freak out as Continue reading →

Posted by Martin February 25, 2015

SPX expected move for February 26, 2015

I would like to start posting this series of my market expectations, but at this point, I am not sure how consistent I will be able to be in publishing this series. My intent to publish the charts below is to show where the market may go during the day in relation to my weekly Continue reading →

Posted by Martin February 22, 2015

SPX in unique chance to end extremely high next week

Last Friday was a significant trading day. At first, the stock market was falling on Friday morning making the recent breakout a false one. The market was returning back to the sideways channel. Later during the day it recovered a bit, but still continued sideways. At 10:30 am the market started going up and created Continue reading →

Posted by Martin February 22, 2015

Is S&P 500 going to crash this year?

In recent months we kept reading in media that the market crash or major correction is imminent. Many people believe and preach it. Many websites having polls installed indicate bearishness. Many advisers advocate cautious and moving money into cash. Are you also concerned about the market crashing this year? There are two factors which may Continue reading →

Posted by Martin February 16, 2015

S&P 500 futures collapsed. If it doesn’t recover by tomorrow, markets will open down.

The news came in. Greece refused to apply for a bailout plan extension considering it “unacceptable”. This is sending dollar higher against Euro and S&P 500 futures just collapsed from last Friday’s new all-time high: Although there is still plenty of time for the futures to recover (until tomorrow morning when the US markets open) Continue reading →