Wednesday, January 17th, 2018

SPX is touching 1100 which is an important level, if we close above that is very bullish. The market is looking much better now. But lets not jump into excitement. I have seen too many sell offs in the last 3 months when Financial Reform Bill was being debated around including a flash crash on […]

Senate passes Financial reform Bill 59-39 national anger  pours at  Wall Street. The Culture of Greed perhaps has come to a halt. This is a comprehensive sweeping reform the biggest since Depression Era of 1930s. Watch the video. [FLOWPLAYER=http://indexoptionstrading.alliancemtg.com/wp-content/uploads/2010/05/2010-05-20_WSTREET.mp4,570,350] According to Huffington Post ” In its broad sweep, the massive bill would touch Wall Street […]

The stock market had another horrific sell off as Senate nears a historic vote. Here is the quote: “Senate Majority Leader Harry Reid predicted that several Republicans will break from their party tomorrow morning, likely thwarting a financial reform filibuster. “A number of senators, Republican senators, have told me they will vote for cloture,” Reid […]

This is should come as no surprise to you as the Gov started widening investigation of Wall Street. We have seen so many Temper Tantrums since January that I am sick of writing about them. This is all what they can do- sell off everything into the sunset and hurting people and overall investments and […]

There was a rally on Wall Street, not the kind where the stock market runs up on some buying spree by handful of hedgefunds and big players when they want to jockey it. This was a people’s rally where thousands marched on Wall Street in protest and demanded big banks to own up their responsibility. […]

Have you seen all crimson red on your screens when the market dives 200 points? Stocks were down 2- 20 dollars everywhere. VIX shot up 5 points and major indexes crushed under huge nasty selling programs. What a unified effort that must have been? Indeed. Just about 11:00 AM when the SPX was moving higher […]

Wall Street gathered more than $20B in bonuses in 2009 as recession plagued US While the whole nation was quagmired in a punishing recession Walls Street was back to its old ways. After being bailed out by your taxpayer dollars, they take huge bonuses while the country still rocks under double digit unemployment. I guess […]