It was a violent session yesterday,
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General Options Blog
Wednesday Morning Reads – 12/17/14
Stock futures are rallying this morning after a vicious late day sell off left stocks reeling and investors skittish. The big question today is can stocks hold their gains? That has been the problems of late. Perhaps Janet Yellen and the FED will provide the ammunition for a close at session highs and not at session lows.
Here is what I am reading this morning:
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Tuesday Evening Reads – 12/16/14
Stocks had a tremendously volatile day and ended right near session lows. Stock futures are moving modestly higher in the overnight session. We'll see if this market can sustain any gains tomorrow. For now all the rips are getting sold.
Here is what I am reading tonight:
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The Twelve Trading Days of Tuesday
On audio in the optionmillionaires chat room, for the last few weeks I've noted the wild price action. A few trading days last week felt like there were a good 4 or 5 days worth of action wrapped into one trading session. Today's action, from the opening dip, 20 minute face rip, and late day swoom had no fewer than 12 individual trading sessions wrapped into one.
Take a look at this great chart from Mikey, the man behind that raspy secutive voice in the chat room, and a tremendous call on being long WAG all year.
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