Category: UYM

Before the Open

It has been a helluva week… Finally found a good pot dealer in the neighborhood, some super duper smoke, so I’ve been doing a lot of photo editing and not too much trading. I have a comment from a wise trader who caught the huge reversal in financials trading UYG, a solid counter trend move…


Midnight Musing

20% of stocks are trading below their 200 day moving average, the VIX is hovering around 30, the White House is expected to release some sort of temporary stimulus package, and tomorrow is options expiration… my bet is on a dead cat bounce. Though I’m mostly in cash, I’ve taken a position in the badly…