Financial Vagabond

$2 Trillion Dollar deficit? WTF??? well I’m not suprised, but really come on guys and gals have you ever looked at history # Powered by Twitter Tools. Sphere: Related Content

looks like the $SPX is finding major resistance at the 770 level which is near a Fib and another indicator. # watching $SPY 76.82 area like a hawk… If we can’t push through I could imagine a large push down. # each day volume is decreasing on this rally on the SPY FWIW… potential divergence? [...]

So, I said I was going to start a section on getting ready for any supply disruptions or unexpected changes in our lives.  This is no different from preparing for a national disaster such as an earthquake.  Running out and getting supplies once the shit hits the fan… well it will be too late.  The [...]

Friday the 13th is my lucky day!! # Something seems off… Cumulative $TICK is up, weak vol., sideways price on the 1min $SPY # $SPY holding VWAP, Cumulative $TICK continues to increase and $TRIN looking more bullish… time will tell # Powered by Twitter Tools. Sphere: Related Content

$spx up against resistance RL and 38.2% Fib… # We are playing with the 20DMA on the $SPX, and hitting resistance. Is this the end of the push or do we go higher? # Powered by Twitter Tools. Sphere: Related Content

Based on my present emotional state, comments here, and the overall economy it seems that we are at a major juncture. This rally has been swift as we would expect from a Bear Market Rally. The community at SOH has grown, and continues to grow.   The chatter on the board is starting to seem [...]

$MA and $V are looking sickly today… perhaps this is a tell along with the Meridith Whitney article in the WSJ # $V to fill the gap? # Cumulative $TICK looks confused. Nothing like the strong uptrend from yesterday. # $SPY holding below the VWAP… $TRIN is moving up while $TICK moving down… (gives me [...]

spilt milk at this point, but I missed a great trade on the /es last night due to to tight a stop. # I need to see some volume to be convinced that we push higher. # long $BGU # Stopped out $BGU # Really… it is about time for a pullback unless everyone is [...]

recency effect… need to work on that # Time change is messing with me # $SPY keeps retesting intraday support…. looks to be breaking # http://wcbstv.com/video/?id=124993@wcbs.dayport.com # Powered by Twitter Tools. Sphere: Related Content

Prior to going to bed I set my stops accordingly, was looking for a small move and then to get out before the open. Once and a while I dabble in the E-Mini’s, which are leveraged contracts that mirror the S&P 500. Sure they can be risky, but that is why one manages risk through [...]