Field position is key

Since football season is upon us I could not help it.  Place your option credit spreads outside the red lines for Facebook (FB) , SPDR Dow Jones Industrial (DIA), S&P 500 (SPX, SPY), Apple (AAPL), and my favorite, Russell 2000 (RUT).

Blame August on Syria

Let's blame it on Syria as U.S. stocked declined on Friday. This is the worst month for the Dow Jones Industrial Average and S&P 500 since May 2012.

U.S. stocks bounced up today

The Dow Jones Industrial Average closed up 48 points to 14,824 as oil stocks led the rally. The S&P 500 closed up 4 points to 1,635. The Nasdaq rose 15 points to 3,593.

Stocks drop on Syria fears

All major market indices dropped on fears that the U.S. will get involved in Syria. The Dow Jones Industrial Average lost 170 points, S&P 500 dropped 26 points, and the Nasdaq fell 79 points. It takes guts to buy when the market is falling, but that's what I did.

Adrian Davis

Looking for the S&P 500 to bounce

VIX crossed below its 10-day moving average which suggests a bounce for the S&P 500. #stockcharts

More bounce to the ounce for Russell

Declining volatility below the 10-day moving average bodes well for a short-term bounce for Russell.  #stockcharts

Amazon is trapped Inside the Red Lines

#stockcharts

Yes, we can still Google it

Google is bouncing off its 100-day moving average.   I stopped Yahoo-ing years ago.  #stockcharts

Can we get above the 100, please?

The Dow Jones Industrial Average is below the 100-day moving average. #stockcharts

Give Me Apple for $500 Alex

I expect Apple to sit around $500 until we know about the new iPhone and iPad.

S&P 500 - Dead Smack in the Middle

Inside the Red Lines and waiting for direction.#stockcharts

Facebook

trapped Inside the Red Lines.  Put credit spread at 33/31. Wait and leg into call credit spread. #stockcharts

Facebook

trapped Inside the Red Lines.  Put credit spread at 33/31. Wait and leg into call credit spread. #stockcharts

DJIA