Live Trading

Category: Gold

Trade With The Wind At Your Back

Yo Pit Crazies, If you were surprised by this weeks near 7.6% SPX range … It is clear you did not read any of my commentaries all week! Near-term options were pricing huge volatility at the beginning of the week and ratcheted that number down bigly by Friday. For traders, that is a volatility condition. […]

It’s Time for A New Market Cycle

I have been in this trading racket for a long time. Thirty-plus years at last count, with the last 10 teaching retail traders. One constant is that we  are always in a market cycle. Right now, we are coming to the end of the Fed Accommodative Cycle.  I would mark this end with the largest […]

Why Is VIX Rising Into CPI As Stocks Rally?

Yo, Pit Crazies, Note below a not-too-bad day for the S&P 500 on Monday. Now, while the big index was up a bit … VIX was up also. That is usually a red flag for the rally to fail as traders load up for the coming reversal. That for sure can happen, but Monday’s VIX […]

Will 2023 Be An Easy Trade?

Yo Pit Crazies, The consensus among the Financial Twitterati and media talking heads is that we’re heading into a recession in 2023. Never has a slowdown been so projected by so many folks! Interest rate-sensitive industries are slowing down from the cascade of free money that poured into them in 2020 and 2021. Other industries […]