There is confusion in the markets. Several times this month, bulls tried to take momentum by the horns, but only to get gored, including last Friday. Bears have not had a smooth ride either. Amidst this back-and-forth action, major US … Continued
Kudos to equity bulls for pulling off an impressive reversal off of late-December lows. Major indices have now rallied for over three months, pushing them into extended territory. Looking at VIX futures, a lot of the good news is in … Continued
After a decent rally in equities last week, this week has on the docket several potentially market-moving events – from FOMC meeting to mid-term elections to China trade. Longs can think of selling some covered calls. Last week, two separate … Continued