We head into 2015 with the S&P up 6 years in a row, and many expecting it to be 7 after this one is in the books. I have been somewhat bullish throughout that time, finally giving up a short thesis in the fall of 2011, and fully embracing this bull market. My most recent call, was for the S&P to cross the 2k level in 2014, and it did. You can read my thoughts here :
General Options Blog
Keep Reading
January 7th, 2015 Watch List
Wednesday Morning Reads – 1/7/15
Yesterday's sell-off brought the losing streak to 5. Throughout last year the market was hard pressed to string a mere 2 consecutive down days together. Starting off 2015 with such a negative bias is bringing out those 'bear market' and "Ali Ba Ba' top callers from late last year. Has the market topped? I'm not so sure.
Keep Reading
Tuesday Recap
Stocks sold off in spectacular fashion today, continuing a streak of selling that started with the last two trading sessions of 2014. When stocks made their final explosive push lower today, they began to sharply rebound, before seeing sellers take over into the close. Have stocks bottomed for now?
Keep Reading