Using Options To Play ITB’s Inability To Cash In On Week’s Good Housing Data

Over the past couple of days, U.S. housing produced two good reports for the month of May. Monday, existing home sales were published, coming in at a seasonally adjusted annual rate of 5.35 million units – up 5.1 percent month-over-month … Continued

Oversold bounce possible on RUT near-term, but continued weakness probable medium-term

posted in: Derivatives, Equities, Technicals | 0

The Russell 2000 Small Cap Index fell four percent last week.  In the futures market, large speculators could not have ridden it better.  They have been net short since early April – by both cutting longs and raising shorts – … Continued