This market is not balanced and the Scorecard says so plainly. Equal weight $RSP reads negative 9 while $SPY sits at a positive 92, $IWM is at negative 2 and the Dow is at negative 9. Sector rankings collectively come … Read more

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