What’s Next for E-Mini S&P 500?

Has the long overdue correction finally begun? Back-to-back sell-offs on Thursday and Friday could be just the beginning. The key is what happens now. Previous declines have been short-lived as investors, convinced that stocks are… Read More

Is Gold Finally Ready to Rally?

Gold plummeted $30 an ounce in less than a minute but – unlike previous times when big sell orders like this started avalanches of new selling, gold quickly recovered traded higher on the day. We… Read More

Revisiting the Great British Pound (GBP)

Futures Outlook: 1/10/14 Revisiting the Great British Pound My sleeper currency, as I like to call it, has been rumbling for you.  Today as we venture into this New Year, I would like to bring… Read More

Exit January Japanese Yen .09700 Puts. Or not…

Our decision to “roll” our December Japanese Yen short positions in the yen over to January prior to December’s Unemployment report turned out to be a good one. With the Japanese currency currently trading a… Read More

Stocks Are Overdue for a Correction

The chart says it all… E-mini S&P 500 futures are encountering big resistance at the top of the five-year uptrend channel that has contained prices since the 2008 crash and appear poised for a correction… Read More