All the major indices and sector ETFs had a break away gap up today. Oddly, retail and oil names both led the pack. This is counterintuitive as higher oil should mitigate any tailwinds the retail sector has. However, higher oil … Continue reading →

If you would have told me two weeks ago that we would be +8 on the S&P oscillator (+5 is considered overbought) and the Chinese were about to increase benchmark rates, I would told you that the market was going … Continue reading →

Reading the blogs and trading sites and watching CNBC Fast Money, one can infer that a growing number of traders are positioned too much in cash (aren’t we all when the market is moving up?) and are frustrated that we … Continue reading →

The US Strategic Petroleum Reserves will release 30M barrels of oil at base price of a little more than $112 (presumably, the barrels will be purchased by consumers of oil at prices lower than the base price). NATO has been … Continue reading →

As of Thursday, just after the Jobless Claims number came out, the futures are down 100. What happened yesterday? FDX, BBBY, and KMX say things are good and getting better. Didn’t DE and CAT just raised their dividends recently? Yea, … Continue reading →

While standing in queue at the crowded farmers’ market for my usual Sunday bacon, I grew worried that for the second week in a row the bacon vendors would be out of my favorite bacon by the time I got to … Continue reading →