The stock market rally on Tuesday was a reaction to the fed starting to do the right thing. And that again is its changing focus to increasing liquidity rather than dropping  interest rates. Even the CNBC talking heads are moving…Continue Reading →
The start of the bounce yesterday was impressive in terms of price but not volume. This means the market will be nervous at these levels under 1335 on the S&P. 1305 is short-term support. Also, the dollar has not caught…Continue Reading →
On February 2oth we outlined the parameters of how to back into a contrarian position and posed the question of what would happen if the FED started leaking in some way that they have done enough on rates, that lower…Continue Reading →
The FED’s relentless action to try and stop the current meltdown will eventually work for a while. The Bounce to 1435 on the S&P is still in focus. The market action at the lows yesterday was on low volume, no market…Continue Reading →
We bought down the ladder last week, now 57 % long stocks, 30 % short stocks, and 13 % cash, net long 13 %. With net positions near a net 0 long/short during the week,  net performance for the past week…Continue Reading →
Our Portfolio Tracking numbers, ie. the Marketocracy performance numbers through Friday’s close and general positions are: Positions: 22 % Cash, 27 % Long Stocks, 51 % Short Stocks Year to date Performance + 10.9 % vs. S&P -9.4 % One…Continue Reading →
The bounce we expect towards the 1435 to 1460 area in the S&P 500 is still in play. 1360 remains the pivot point depending on what ladder you are using. As such 1310 is probably an extreme on the downside…Continue Reading →