Trade Perspectives, Opportunities, and Results

Time Decay in Value is Part & Parcel of Option Trading -  It Can Work for You Too.

SPY Monthly Chart with Pivots showing S3 and R3.  The chart shows a gradual bullish trend month to month but at the same time not excessive volatility.  This sideways movement in the market is true 60% of the time.  This is a perfect scenario for an Iron Condor.  Out Target for expiration in Jan. is 112.

The VIX (Volatility Index) also shows a sideways movement between 20 and 24.  This simply confirms the present state of the market.  The VIX performs counter to the market in that Up in the Vix is Down in the Market.

SPY Iron Condor showing a growing profit profile.  The current price of the SPY is about 111.00  As long as the SPY stays between 107 and 117, the trade cannot lose money.  If the price stays where it is the return could be 40% over a 5 week period of time.  There are some variables and uncertainties, but the Iron Condor does offer relatively safe alternatives as compared to Directional Day Trades.  Put Time Decay to work For you and not Against you.

Motion Sickness?

No Lack of Excitement in a Shifty Market Persuasion!

There is no Direction as We Bubble Along!

Dollar - Gold - Market Action!

It is Weird but a Stronger Dollar is Bearish for the Market

A Stronger Dollar implies a Lower Market

Gold (GLD) is Weaker as Opposed by a Stronger Dollar

6 Month SPY Pivots - Dec. 16 - Bullish Trend is apparent.  Monthly Pivots are important in projecting a possible Target for Price Action in the next few weeks.  Observe how the prices remain for the most part between the Pivot and R-3.  The Pivot is penetrated to the down side once in awhile.

Lots of Fishy Stuff Goin' On. Stay on Your Toes!

The Market is in a Casting Mode but I have by Eyes Wide Open.

The Dollar is UP and Stronger after a significant period of Decline.

Gold has been in Retreat but has Bounced off Support.

Pod Casting Continues within a Range Bound Market.  Sooner or Later there will be a Breakout (Up or Down).

Pod Casting Continues - Bull or Bear?

Bulls & Bears Continue to Trade in Bull Pods & Bear Pods!

Range Bound Market with Pod Cast Trading Pattern - Trend is Bullish

Same Picture on TOS Charts

3 Month, Daily - Bullish Trend - Erratic Give and Take in Market Pattern

Value of Dollar Tied to Market Behavior

Dollar Bounces Off of Lows - Market Responds with Weakness

Dollar Rallies from Lows Triggering Decline in Value of Commodities and the Market in General.

 

Gold (GLD) in Pull Back related to Rise in the Dollar.

Monthly Pivots and Trend is Bullish.  Top Line is R3 (Resistance) and Lower Line is S3 (Support}

The Square Dance Continues

"This is Fun, but My Feet Hurt."

Boxy Back and Forth Range Bound Market Continues.  Just Begging for a Break Out!

Home, Home on the Range----Tumbleweed Action

The Ping Pong - Range Bound Sideways Market Prevails

20 Day, 90 min. - Dec. 9 - SPY pops between 109 & 112 with 110 the Pivot.  A Breakout could happen at any time and might prove dramatic.

Stirring the Mix may Create Unexpected Consequences

Only I know what this may lead to!

XLF - Financial ETF - In Retreat > Bearish

GLD - Gold ETF - Retreat in Gold is Short Term Bearish

DX - US Dollar - Rally in the Dollar is Short Term Bearish

GS - Goldman Sachs - Leading Financial Institution has been in Retreat - Short Term Bearish

Range Bound Market with SPY 109-112.  Breakout anticipated.  Resistance has Held.

Market Direction Dictated by US Dollar, Financials, and Gold

Financials - US Dollar - Goldman Sachs- JP Morgan - Gold

US Dollar Gains in Strength as Market Retreats

Goldman Sachs in Down Trend - Gold Retreats

20 Day, 90 min. - Dec. 7 - Market in higher levels of Range.  Price Action looking for Direction.  Stresses and Strains pull in Bull and Bear Bias.  There will be a resolution as the market sorts it out.

1 Year, Weekly - Dec. 7 - Bullish Trend Prevails Long Term.