Get A Haircut! (FXI,QQQ,DIA,USO,IYT)


Executive Lounge, Options Trader Elite

Get A Haircut! (FXI,QQQ,DIA,USO,IYT)   Earlier this week, freewheeling Hugh L. O’Haynew over at our Wall Street Elite desk decided to push the toothless FAANG narrative.  He was keen on portraying them as no match for the traditionally more defensive sectors going forward.   Well, no sooner had the words spilled out of his Visconti […]

June 29, 2018

Oil vs Wheels (IYT,USO)


Executive Lounge, Wall Street Elite

Oil vs Wheels (IYT,USO)   It’s the interplay between the following two factors that we’re keeping our eye on these days, the better to apprehend the market’s immediate trajectory: oil and ‘market leaders’.   We’ve discussed this combo before, and how they work together.   The ‘leaders’ are the current sexy tech group, not related […]

June 18, 2018

“Bobbi-Jean, You Take That Mask Off Now!” (IYT,XPO,DIA)


Executive Lounge, Options Trader Elite

“Bobbi-Jean, You Take That Mask Off Now!” (IYT,XPO,DIA)   It always struck us as interesting that this whole FBI/Dept. of Justice/Russian meddling story began with something the G-men call ‘unmasking’, a process whereby American citizens’ identities and affairs are exposed during a broad intelligence sweep that targets foreign nationals.   Normally these people and their […]

February 28, 2018

DON’T LOOK BACK! (UUP,IYT)


Executive Lounge, Options Trader Elite

DON’T LOOK BACK! (UUP,IYT)   We’re currently in the midst of an overbought rapture of retail investor effusion, one that will send markets unpredictably higher in the very near term before an inevitable stall brings it all to a halt.   At that point we’ll have to see what happens.   It could take a […]

January 25, 2018