A Total Reversal Today
Yo Pit Crazies, Traders were looking for the worst out of the gate with: French Fried Riots that also sent French debt yields to the moon. A big Treasury auction that traders thought would be horrific. Instead it did this: TLT 3 day chart Traders were expecting higher rates and the bond auction went well. […]
The Buying Opportunity of the Decade
Yo Pit Crazies, The SPDR S&P 500 ETF Trust (SPY) just closed at a record high. I think that sets up the buying opportunity of the decade. It's windy in Maine. So far, the El Niño forecasts haven't done much for the coast up here. The Atlantic hasn't had a hurricane make landfall either. So […]
Stocks Tickle All Time Highs
Yo Pit Crazies, Fall's arrived in Maine, and I've got pictures. Not of the leaves this time. I did those last week. These are of a new gate I built for the chicken run. The fox is back and hungry, and I missed my shot at him. As the chickens settle into colder weather, I […]
VIX and SPY Are Climbing Together Again
Yo Pit Crazies, AG's alter-ego Vol Man here with my weekly analysis. As usual, I start with my last forecast… Last Week’s Big Call Will Congress figure it out when they get the bill for borrowing $2 trillion at 5%? Total lack of Congressional leadership, since it's Congress who budgets (used to) and spends. I'm […]
The One Trading Lesson That Changed Everything
Hey Traders, I typically look forward to tomorrow for a trade idea today. But this time, I want to go way back decades ago to the beginning of my trading career. It’s 1991. I’m at the Ceres Cafe in downtown Chicago, sipping my second Vodka martini at the bar, and listening to a fellow market […]
This Is the Most Annoying Thing About Stocks
Yo Pit Crazies, More Maine pictures this time, since my big premiere goes out this week. After a few days of clouds and some much-needed rain, the sun finally came out. This one's from my office window, and you can tell because Pearl's on her couch. That's my favorite maple on the right. I've got […]
Micron Earnings Up the Most Ever!
Yo Pit Crazies, In Maine, we have a season within fall. It’s the color season where the leaves change color as we approach Columbus Day, the high season when all the color is in full swing. Right now, the maples are doing their thing. Since some students liked the summer aerial video of the G […]
This Might Be the Chart of the Year
Yo Pit Crazies, Did you know chickens eat grass seed? I didn't know that either. Apparently it's like an Outback Steakhouse for chickens: peck, peck until it's all gone. So, you see, I'm building up an area for a golf green in the hairpin of my driveway. This past week I had the excavation crew […]
This could be the best week of the year
Yo Pit Crazies, So my Fidium Fiber modem died on Wednesday right before Weekly Profit Cycles. Only 1 year ago, a very slick dude walked down my driveway and said I can get a 1 gig fiber optic cable right from the main cable plant or something like that. $50 per year for life for […]
The Perfect Storm IS STILL BREWING
Yo Pit Crazies, Last week I went live and said the SPDR S&P 500 ETF Trust (SPY) could move 3% in a couple of days. It did, and it's still moving. I want to walk you through the trade I built for it and what to watch in the short term to see if the […]