Sunday, October 04, 2015

Saturday, September 12, 2015

Saturday, August 08, 2015

Saturday Rock Blog: (The S&P 500 Keeps Lifting) Higher and Higher

The trend is clear: yep, still UP! Recent consolidation in the markets looks like yet another great buying opportunity in this ~7 yr bull market. For those who claim the market has to eventually top, typically, the best gains of a bull market come at the beginning and the end. Besides, secular bull markets don't end with interest rates at 0% and energy hella cheap. The S&P-tracking ETF SPY seems to be targeting about $245. If I'm wrong, SPY will spend a few weeks below its rising 40 week moving average, currently $206.50, and the 10 week average, currently $209 will cross under. The party at the end of the bull market hasn't even begun yet, staying long here. Disclosure: I'm not long SPY, but plenty of other stuff. Love the small caps.

Saturday, April 18, 2015

Saturday, January 24, 2015

Sunday, January 04, 2015

Sunday Rock Blog: The Tracks of the Shorts' Tears

I can't recall seeing a more bullish chart on the small caps. Given the plethora of excellent economic news for the US, the chart seems appropriate. Happy New Year bulls! Disclosure: I am long IWM via calls, and TNA.

Wednesday, December 17, 2014

Golden Cross on IWM

Disclosure: I am long TNA and IWM calls.

Saturday, December 13, 2014

Wednesday, December 03, 2014

Wednesday, November 12, 2014

Friday, October 31, 2014

Tuesday, October 28, 2014

Bullish Bear Trap (IWM breakout)

Disclosure: I'm long small caps.

Saturday, October 25, 2014