Bearish SPY until this one indicator…

“It doesn’t have to make sense” It is so hard not to get caught up in the drama of the markets; it seems every asshole (myself included, with my little stocks blog) has their opinion about what should happen, or what is going to happen. And while I wish we could see who exactly is … Read more

Studying various Cup and Handle breakout patterns on the macro

When it comes to cup and handle breakouts on the macro, this has been one of my most favorite indicators for trade ideas when looking on the longer time frame, despite what the critics have to say (investors: need not read about the cup and handle if you are here for the long term). However, … Read more

SPY at new all-time highs, market euphoria, and having a plan for the downside

I’m one of those people who tends to ignore most stock market commentary. In my time of trading and investing—which is only a short time in retrospect—I would much rather focus on the price action and have a plan in place than anxiously read random stranger’s opinions online, or even worse: base my entire trade … Read more

Hindsight trading SPY: how one could have spotted the 5/31 EOD run

When it comes to trading SPY, anything can happen. So in the last 60 minutes of a short week when there’s an unusually big move, don’t call it a comeback! This is just business as usual, so it’s important to not let your bias get in the way of missing these gains. Instead of trying … Read more