July 2007 - Posts

• More Volatility - August is Often Bleak

  Tuesday, July 31, 2007 11:42 PM

  Yesterday I talked about the importance of the 1490 area on the S&P (SPX). I stated that once reached,  it would most likely act as an area of strong resistance and as a result bring in sellers. The market was able to push the S&P (SPX) to the 1490 level early this morning (with a gap up) only to quickly fade and continue the move lower as the day progressed Read More Posted by acrowder 0 Comments Go to top

• Expected Bounce Leads to….? Iron Condor Adjustment

  Tuesday, July 31, 2007 12:30 AM

  The anticipated short-term oversold bounce occurred today and has pushed all but one (IWM) of the indices we follow back into a neutral state. As I mentioned last week, extremely oversold conditions coupled with short-term seasonal winds were due to blow in Monday and Tuesday and should lead to a decent bounce Read More Posted by acrowder 0 Comments Go to top

• Two Free Months for One of the Top Ranked Services as Stated By Pro-Trading-Profits

  Saturday, July 28, 2007 1:34 AM

  Two FREE months of our newsletter free! Pro-trading-profits an unbiased newsletter service tracks over 110 advisory services covering more than 180 individual trading strategies. Recently they sent an email to their subscribers stating the following: We have recently added a new service to the list of those that we verify - it's Crowder Investments, run by Andrew Crowder Read More Posted by acrowder 0 Comments Go to top

• Market Moves Deeper Into Oversold Territory. Now at Historical Extremes.

  Saturday, July 28, 2007 12:32 AM

  Did you see the drop this afternoon? the S&P (SPY) moved lower $3 in just under an hour. Wow! Now the S&P is just below the 1460 area at 1498.95. Everyone knows that 1460 is a very strong area of support and given the extremely oversold nature (almost an understatement) of the market I would expect to see a bounce in the next day or so Read More Posted by acrowder 0 Comments Go to top

• Major Sell-Off. How Did Our Strategies React?

  Friday, July 27, 2007 1:24 AM

  Now the market stands $.19 above the opening price of the third trading day in May, when the “Sell in May” theory begins. Even with the sharp decline today our Iron Condor position is still roughly 40 points above the short put strike, so we still have a little wiggle room Read More Posted by acrowder 0 Comments Go to top

• Seasonal Tendencies Do Not Disappoint

  Thursday, July 26, 2007 12:05 AM

  Our quote vendor is down tonight so there will not be an overbought/oversold report. Beginning next week we will be offering sector overbought/oversold readings which should be of great help to many of you. You requested it and now we are offering it Read More Posted by acrowder 0 Comments Go to top

• “Sell in May and Go Away” Revisited and a few other interesting tidbits

  Tuesday, July 24, 2007 11:11 PM

  Before I get to the “Sell and May” info I would like to go over a few things. Today officially ended the mid-July seasonal weakness and as I have stated over the past few posts  Wednesday brings a very bullish seasonal day with 71% of all those days (since 1985) advancing Read More Posted by acrowder 0 Comments Go to top

• August Expiration Cycle

  Tuesday, July 24, 2007 12:02 AM

  Today’s SPX Short Iron Condor trade went as planned. In our Expiration Report (paid subscribers only) we mentioned how we were going to attempt to bring in $1.20 for a 170 point range. We were able to meet those expectations today and as a result the Iron Condor strategy will make 12 Read More Posted by acrowder 0 Comments Go to top

• Two FREE months! What do you have to lose?

  Saturday, July 21, 2007 2:26 AM

  Crowder Investment Research, LLC has been with Zecco since its inception. As of today we are proud to announce our newly updated website. To celebrate the launch we are offering TWO FREE MONTHS of our newsletter with a purchase of our acclaimed E-book Read More Posted by acrowder 1 Comments Go to top

• Post-Expiration Blues?

  Saturday, July 21, 2007 2:20 AM

  Yesterday, I wrote about the likelihood of a period of short-term weakness (1-3 days) that would follow the retest of new highs set earlier in the week in the S&P. Well, the anticipated weakness came today and could potentially continue Monday. The trading day following options expiration is historically weak and next Monday, on a historical basis, is no different Read More Posted by acrowder 0 Comments Go to top

• Retest of Highs Now Weakness Expected

  Thursday, July 19, 2007 11:03 PM

  Yesterday I stated “we could see a retest of what has been strong overhead resistance (1555) in the coming days.” The retest came today in the S&P and now I expect to see at least some short-term (1-3 days) weakness follow. As I mentioned in the post yesterday, “This type of set up could prove advantageous for short-term (1-3 days) bears as we move into post-options expiration Read More Posted by acrowder 0 Comments Go to top

• Two Months FREE!!! What do you have to lose?

  Wednesday, July 18, 2007 11:43 PM

  Crowder Investment Research, LLC has been with Zecco since its inception. As of today we are proud to annouce our newly updated website. To celebrate the launch we are offering TWO FREE MONTHS of our newsletter with a purchase of our acclaimed E-book Read More Posted by acrowder 0 Comments Go to top

• Potential Retest and then Post Expiration Blues?

  Wednesday, July 18, 2007 11:41 PM

  After the sharp intraday decline the S&P bounced off support levels (1535) late in the trading day and managed to only lose 0.2% on the day. As I write this the futures are up and if they hold overnight we could see a retest of what has been strong overhead resistance (1555) in the coming days Read More Posted by acrowder 0 Comments Go to top

• SPX Short Iron Condor - 10% Profit Locked in for July Expiration Cycle

  Wednesday, July 18, 2007 12:48 AM

  We are proud to announce that we locked in a 10% profit today in our SPX Short Iron Condor for the July Expiration Cycle. The recent rally pushed the underlying SPX ever so closer to the short call strike of our July Short Iron Condor position. Even though the market was/is in an overbought state (which typically means that upside momentum is limited) we decided to take off the call spread of the Iron Condor strategy today Read More Posted by acrowder 0 Comments Go to top

• Mid-Year Rally Expected. What Does History Tell Us Now?

  Friday, July 13, 2007 9:42 PM

  The market continued the advance today although the gains were limited. The follow through today has pushed our indicators into extreme territory, particularly in the higher-beta indices such as the Nasdaq 100 (QQQQ). Yesterday, I stated that there could be a decent short-term (1-3 days) fade opportunity next week and now the probability looks very favorable for such a move to come to fruition Read More Posted by acrowder 1 Comments Go to top

• Another Push into Overbought Territory

  Thursday, July 12, 2007 9:54 PM

  The market surged higher today leading to the largest one day gain in four years for the Dow (DIA). The sharp advance has pushed the indices we follow (with the exception of the Russell (IWM)) into an "overbought" to "very overbought" state Read More Posted by acrowder 0 Comments Go to top

• Summer Trading At Its Finest

  Wednesday, July 11, 2007 10:47 PM

  Buyers viewed yesterday's sharp decline (the largest in three weeks) as just another buying opportunity, however, as I still think the "summer doldrums" will ultimately prevail. The market has settled into summer trading so  range-bound trading with slight expansion should continue Read More Posted by acrowder 0 Comments Go to top

• Condor Strategy Continues to Prosper - Market Already Nearing an OVersold State

  Tuesday, July 10, 2007 10:08 PM

  The expected decline occurred today and now the major indices that we follow are back in a neutral state. Some of our shorter-term measures are nearing an oversold state so a signal could be near. I was hoping for a flat to higher open this morning that I could fade, but the pre-Bernanke meeting at 1 P Read More Posted by acrowder 0 Comments Go to top

• Same Scenario, Different Day

  Tuesday, July 10, 2007 4:30 AM

  Again, I apologize for the delayed post. The situation hasn't changed much over the last couple of days. All of the benchmarks that we follow are in an overbought to very overbought state which typically means that upside momentum will be limited over the short-term (1-5 days) and any gains will most likely be given back Read More Posted by acrowder 0 Comments Go to top

• Expect a Short-Term Reprieve Early Next Week

  Friday, July 06, 2007 10:39 PM

  The Independence Week rally continued today on another low-volume day. Buying continued to pressure the markets as the day progressed and managed to finish at the highs of the day. The rise occurred in the face of a sharp spike in the bond yields. The last two days have been typical of low-volume, post holiday trading and I expect once the big boys get back we will start to see some selling, at least over the short-term Read More Posted by acrowder 0 Comments Go to top

• Tech-Heavy QQQQ Overbought

  Thursday, July 05, 2007 10:18 PM

  After a few days of some much needed rest I am finally back (although later than I originally stated). I apologize for the shortened post, but I am still getting back into the swing of things after a few days away. The tech-heavy QQQQ is now in an overbought state and our shortest-term measures are indicating limited upside over the next few trading sessions Read More Posted by acrowder 0 Comments Go to top

RSS Syndication Feed Or, add this feed directly to your favorite reader by clicking the button below. That way, you’ll never miss a post.

The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.