SP500 / DOW WEEKLY CHARTS

RISK DISCLOSURE: PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING FUTURES AND OPTIONS IS SUBSTANTIAL AND SUCH INVESTING IS NOT SUITABLE FOR ALL INVESTORS.  AN INVESTOR COULD LOSE MORE THAN THE INITIAL INVESTMENT.

Saturday Rock Blog: Something About You

The Twitter Top or How the market tanked to celebrate the $25B Twitter IPO

Happy Birthday TWTR!!

Disclosure: I have no position in TWTR, but I wish I had a million shares short from $48 today, holding for $10.

 

Sunday Rock Blog: Take On Me (a-ha)

Saturday Rock Blog: Everybody Wants to Rule the World (Tears for Fears)

Saturday Rock Blog: Alameda, Rose Parade & Miss Misery (Elliot Smith)

On the tenth anniversary of Elliot Smith's death I think its clear that his music stands the test of time. "...and a little more than five years after [his performance at the Oscar's], on October 21, 2003, he would be dead, at age 34. But the heart of Elliott's music still goes on, a decade later." Read more.

In case you missed the memo:

Sign of the times: GOOG and CMG calls up 1,000's% on Friday

Disclosure: I have no position in either GOOG or CMG

Sunday Rock Blog: Frankenstein (financial sector ETF: XLF)

Disclosure: I have no position in XLF, but it looks like an amazing short on this retrace. The upsloping neckline is ~$19.75, but things should really get interesting on a break of $19.27. The target on a break is $17.69.

Broken S&P 500 Rising Wedge

Saturday Rock Blog: Put Your Head on My Shoulder (CVX Top)

Disclosure: I sold my October CVX puts Friday and bought calls for a short term pop. Next week I'll look for good entries on CVX November puts targeting the $104-$108 range. So full disclosure, I own CVX calls.

Definition of a massive market bubble (created by Bernanke) : Stocks surge to new highs after government shuts down

Bernanke is creating the oh so perfect situation for a full scale US economic collapse, gotta love it. Push on the gas peddle until something spectacular happens helicopter Ben! He will go down as the biggest villains in US history, but for now everyone drink the kool-aid and play the game of musical chairs!

When the music will stop? Nobody knows!

Today's fed-induced bizarro world headline

Sunday Rock Blog: One More Chance (IWM breakout hasn't failed yet)

Disclosure: I own IWM puts and TZA stock.

Interesting Yen (FXY) Symetric Triangle

Wednesday Rock Blog: Breakouts fail (bull trap sprung!), but Life Goes On (Tupac)

"From failed moves come fast moves" -smart trader

Saturday Rock Blog: Day After Day > No Matter What (IWM rallies, weekly chart)

Disclosure: I own IWM puts and TZA stock

DIA Chart (bouncing soon)

Disclosure: I have no position in DIA but am looking for it to bounce significantly soon, perhaps at $146.

Sunday Rock Blog: Heavy Cloud No Rain

Disclosure: I own TZA and looking to try shorts in IWM around $104.