Let the Good Times Roll

Oh by the way, seeing topping of commodities trade as the small fish is looking to move from stocks to grains. Also, lots of interest in energy as well, which will make the dip buyers carry the pain. A good trade here would be to be long some indexes and short a portion of energy against it.

By the way, doesn't Chris Paul remind you of Carlton from the Fresh Prince?

What's Love Got to Do With It?

Using the top of the March lows, you can draw a nice channel for the SPX. With the top being hit today, I am looking for a quick pullback down to 1375-1395. with volatility relatively cheap for the past month or so, it is easy to pick up some downside protection for this move. I am unwinding a number of buywrites at this cheap vol and setting up index hedges. Still bullish for a summer move to new highs, but we need a little work to be done first. Financials still under performing and will lead on the downside.

Mets crush Yanks. Stop the season now.