Energy is the one group that has held up while everything else softened, and it’s the place where I’ve put new money to work this month. On Tuesday I opened an October at the money call on $XOM in the … Read more

Going into the Fed, the honest read is that the short term does not look good. The long view is still bullish and that is the one thing the bulls have going for them right now, though it does not … Read more

Leadership has been narrowing for weeks, and the indices are hiding it well. Underneath the surface a small group of names is carrying the entire tape, equal weight has been rolling over the whole time, and this morning the /NQ … Read more