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http://www.businesscycle.com/ecri-news-events/news-details/economic-cycle-research-bloomberg-interview-central-bank-actions ECRI's Lakshman Achuthan explains what's going on with the disconnect between the "Real Economy" and the "Financial Economy", i.e. the "Equities Market". This is the...

Can't take down the bull. The action witnessed today is more typically seen at bottoms not tops. As many have said so oft so recently---bubblesville.......

Sure seems like a jab down in the works. Selling across all asset classes. The official word was "spooked" by the rate move across the pond but the Nasdaq led this as momo has been weak for a weak. 2 weeks ago the broader market rolled over. The smack down from a retest of the all time high...

Wicked short covering bounce off 200d ma with Yellen, Debt Ceiling resolution. Wait for the upside to quiet down before initiating or adding to shorts. Doubt the downside is over but then again 2013 is well 2013 and every year is different. We could continue to roll to new highs with this...

Yellen announcement at 200d ma, hmmmm. Good for a bounce to avoid a cascading waterfall sell-off may be a good place to add to shorts on the bounce

Nailed it. Sitting on the 200 day. If we break (which we will) there will be a bounce after a day or two if we don't follow through. If we follow through this this trade is a hail mary. Hope a few took the trade....... Look to the spec momo stocks like GRPN to act as canaries in the...

Grpn has gone full retard. Todays quad witching also interesting. sp500 did a steady sell-off for 2 days into op-ex after we spiked and squeezed with the bernank's announcement of QE infinity. Op-ex is usually tame but this quarter many used the spike to rake the table of winnings...

Have a looksie: http://stockcharts.com/freecharts/McSumNYSE.html overbought short-term, oversold mid-term moving into a volatile time of year. If we turn down it will be fugly, if we turn up it has blue sky......

I am in awe of this bull's resilience. Two big issues. Too many shorts. They need a serious scrubbing. Too much money and no where to put it. Amazingly we are rallying like late 90's but we're in a RECESSION by economic criteria. Talk about FUBAR. Anyways I am the perennial...

Wow!!!

Got it. This thread lost its focus and turned into more of a trading ideas journal. You're right maybe we should just focus on "Key Reversals." I like selling. Keep us posted.

Goldman (if one reads between the lines) analysts report greater risk in US equities markets than EM markets in recognition of battering since 2010 they have endured whilst USA has rallied relentlessly. They do not expect a sharp rebound in EM but one should think of (at least for long-term...

I spent some time this am looking at possible scenarios. A lot of money would change hands if on September options expiration if we closed above 1690-1700. End of Quarter, end of month, end of the "Bad month." Something to think about.

(Short that is at 1675 but upon careful exam more like 1680 to 1685)

Tagged both sides of the channel. As the channel was rising I suppose it needed to go higher first. Why? Because the way the market was structured it was the path of least resistance. Now the entire selloff has been retraced and the channel is building higher still. Wait and see for the...

Popped higher before the sell---which it often does---but otherwise followed the script.

FYI The Employment Situation for August 2013 is scheduled to be released on September 6, 2013, at 8:30 A.M. Eastern Time. Not a lot going on until then.......

Doubt it. Likely we stay narrow range up. Tomorrow NFP. Sell today's close hold overnight. Stop and reverse if we don't sell off to retrace channel. Just guessing....

GRPN!!! All my multi-week shorts hedged or out. Made hefty profit. Looking to re-enter at 1675ish.

Closing day trade short from 9:55am. 3 pt scalp