Website Update: New Calendars Added

Website Update: New Calendars Added

We added two calendars to help you plan your trading: Earnings Calendar Economic Events Calendar The Economic Events Calendar is for U.S. economic events only. If you trade currencies, you'll want to use an international calendar that includes events in the countries...

The S&P 500 Move Higher is Strengthening

This is an interesting post from Jim Riggio in our forums where Jim discusses his charts and why he thinks the S&P 500 up move is getting strong… Jim's Post My “Momentum” charts are showing that the S&P's persistant move higher is...

The Risk is Gone: VIX at a Seven Year Low

The VIX held above 11 most of the day yesterday but closed with a thud at the low for the day of 10.73! The last time the VIX was below 11 was on Feb 23, 2007 when it closed at 10.58. On Jan 24, 2007, the VIX closed at 9.89. The lowest price I saw on a 14-year chart...

Jun 28 SPX Broken Wing Butterfly

I put an SPX Jun 28 Broken Wing Butterfly (BWB) on yesterday. They seem to be what many of my option trading friends are trading these days. With volatility at historic lows, trading Iron Condors, Weirdors and Jeeps is very difficult because the premium is so low. The...