We discuss today’s sell-off that the charts told us was coming. We are expecting more weakness in the S&P over the next 2 weeks and are preparing to cover our short in oil as it may be setting up for another move higher. We also look at some unhealthy financial stocks that may lead this market lower. And did anyone catch the continued short squeeze in TSO? Up another 11% today!

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We discuss the quiet day in the markets as the S&P sets up for a move lower next week.

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We discuss the continued bounce higher as the S&P pierced its 20-day moving average. We touch on oil ’s weakness and what Doug Kass’ bullish call on the financial sector means to traders.

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We discuss the continued bounce up on light volume that we expected and look at oil’s impressive reversal back above $131.

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We discuss today’s bounce higher after the S&P fell nearly 5% from top to bottom last week. Oil closed lower by $3.34 to settle under $129.

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We discuss the continued sell off in the markets led lower by financial stocks and homebuilders. We explore areas of support and identify where this market might be headed. Weakness in energy names may be signaling a top in oil prices.

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We discuss the pause day in the markets as we head into a 3-day holiday weekend. Oil looks like it may have topped out at $135.09.

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We discuss the sharp sell off in the markets today that we’ve been calling for. We began building a short position in oil as it closed above $133.

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We discuss today’s move lower after hitting the 200-day moving average in yesterday’s trade. We scratch our heads over $129 oil and a market just off its highs.

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We discuss today’s action as the S&P rallied above its 200-day moving average only to reverse in the afternoon and close below it.

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