Knife, Camera, Action!

The speculation about whether the Fed will taper continues and based on price action over the past few days, the rise in the SPY has been met with a rise in volume, which some technicians view as a sign of exhaustion and people wanting to get out.  

The SPY 50 SMA is also above the 25 SMA, pointing to a potential shift to the bearish gear, my dear!

Will my puts make it this time?  I'm tired of trying and trying and then getting rejected...

The payoff better be worth the wait!


25 SMA = 1662.76
50 SMA = 1669.72
200 SMA = 1572.20


-1.94% SBA
-1.19% Roth IRA

-0.17% DJIA
-0.24% Nasdaq
-0.34% S&P 

+0.01% FTSE
-0.02% Eurofirst
-0.26% Nikkei
+0.64% Shanghai
+0.15% SENSEX
+0.07% Hang Seng

+1.05% WTI
+1.28% Brent
-3.04% Gold
-1.46% Copper
-0.99% Corn

-0.45% USD/JPY
-0.49% EUR/JPY

-1.08% DJT
+3.47% VIX

0.85 CBOE Put / Call Ratio

-0.45% 10-Year US Treasury Notes


33% Advancing Issues on NYSE                    |   33% Up Volume
64% Declining Issues on NYSE                     |   66% Down Volume
3% Unchanged                                          |   1% Unchanged
142 New Highs   |   63 New Lows


34% Advancing Issues on Nasdaq                 |   29% Up Volume
62% Declining Issues on Nasdaq                  |   63% Down Volume
4% Unchanged                                          |   7% Unchanged
129 New Highs   |   12 New Lows


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