Fright of the Condor
Fright of the Condor Some traders did NOT have a good Christmas – specifically the followers of Captain Condor. There were over a thousand of them, each paying $5,500 annually to access his trades. Collectively, they lost an estimated $50 million in the week before Christmas. Your browser does not support the audio element. Iron […]
Dumb Money?
Dumb Money to Market Force. Up until recently, individual traders were overlooked in the stock market. What mattered were the professionals – the big banks, money managers and institutions – all with very deep pockets that individual traders couldn’t match. Those deep pockets paid for resources: technology, research, brokers. This was the so-called smart money. […]
2026 Predictions
2026 Predictions It’s a new year, and the pundits are out in force – predicting and pontificating. Before we listen to them let’s see how good they were with their predictions last year! Your browser does not support the audio element. Pessimism Ruled! Last year I remember pouring scorn on the prediction made Dec 2023 […]
Extended Hours
Extended Trading Hours It has puzzled me for many years why stock exchanges hung onto such restricted trading hours – just 6.5 hours on weekdays – a structure that dates from a pre-computer, pre-globalization era. Finally, there is a move to change this – which is, in my opinion, about time! Your browser does not […]
Predicting Pullbacks
Predicting Pullbacks Everyone tries to guess the next pullback in the market – unless of course we are free-falling into a bear market! Then, traders are looking for the bounce – which often turns out to be of the dead cat variety. When they finally throw in the towel and stand back in despair – […]
SPY Up, Options Down
SPY went up – options went down! Annoying? Oh, yes. SPY goes up – and your options go down. How can this be? Last Thursday was a perfect example. Your browser does not support the audio element. Thursday 4th December The S&P had a perfectly decent day. SPY crept up +0.07% – nothing dramatic, but […]
