moby-waller

Moby Waller

A former successful CBOE Market Maker and European Options Trader, Moby Waller is co-portfolio manager of the ETFTRADR and Rapid Options Income trade newsletter programs with BigTrends.com. and is Director of Editorial for the BigTrends website.

  • Technical Analysis & Charts | VIX | Futures | Nov 21, 2016, 9:44 AM

    BigTrends.com Weekly Market Outlook - Can The Rally Continue?

    BigTrends.com Weekly Market Outlook - Can The Rally Continue?

    Even though the market didn't end the week on a wildly bullish foot, it ended the week with another respectable gain. The S&P 500 (SPX) (SPY) was up 0.8% for the five day span following the previous week's 3.8% gain.... and all of that 3.8% gain came in just the last three days of that election week. Either way, the persistent bullishness has left the S&P 500 within striking distance of record highs. It's still got a bit of a valuation problem, but between the momentum and this bullish[...]

  • Technical Analysis & Charts | VIX | Strategy | Oct 17, 2016, 9:43 AM

    BigTrends.com Weekly Market Outlook - Damage Control

    BigTrends.com Weekly Market Outlook - Damage Control

    The bulls tried and tried, but it was a lost cause last week. Stocks never recovered from last Tuesday's stumble, and the bulls squandered their best chance to get back on a bullish track on Friday. All the major indices closed below key technical levels on Friday when the bullish effort that day petered out. Near-term the market still isn't completely past the point of no return, but it's close, and it's pointed in that direction.  However, while the tide may be pointed in a bearish direction,[...]

  • Market News | Technical Analysis & Charts | VIX | Futures | Sep 26, 2016, 9:48 AM

    BigTrends.com Weekly Market Outlook - September 26, 2016

    BigTrends.com Weekly Market Outlook - September 26, 2016

    While the market may have ended last week on a sour note, a little pre-weekend profit-taking can't entirely come as a surprise. Once traders learned on Wednesday the Federal Reserve wouldn't be imposing a rate-hike this month, they celebrated in the form of a 1.7% advance that lasted all the way through Thursday's close. Friday's 0.6% lull didn't even drag any of the major indices back below their most important technical levels. Still, stocks could just as easily kick-start a pullback here as they[...]

  • Technical Analysis & Charts | VIX | Futures | Strategy | Sep 6, 2016, 9:43 AM

    BigTrends.com Weekly Market Outlook - Two Month Range Continues

    BigTrends.com Weekly Market Outlook - Two Month Range Continues

    Despite a couple of scares, stocks ended last week intact, and even up just a bit thanks to Friday's gain. On the other hand, last week's action still left the S&P 500 (SPX) (SPY) along with the other indices overvalued and overbought. Whether or not that matters remains to be seen, though it's interesting that the bears had more than ample opportunity to push the market over the cliff -- but they just never did it. All the same, the first full week of the worst month of the year for stocks[...]

  • Technical Analysis & Charts | VIX | Futures | Aug 29, 2016, 11:26 AM

    BigTrends.com Weekly Market Outlook - August 29, 2016

    BigTrends.com Weekly Market Outlook - August 29, 2016

    Unable to resist the weight of its 9% gain since its late-June low, the S&P 500 (SPX) (SPY) finally started to buckle last week. The index only lost 0.68% for the five-day span, but that was the worst weekly performance since June, and could end up serving as the profit-taking excuse some traders have been waiting for. We'll look at the matter in more detail after a closer look at last week's and this week's economic numbers. They matter more than usual now, with the prospect of rising interest[...]

  • VIX | Futures | Strategy | Aug 15, 2016, 10:12 AM

    BigTrends.com Weekly Market Outlook - On The Fence Amid Presidential Cycle

    BigTrends.com Weekly Market Outlook - On The Fence Amid Presidential Cycle

    Though the market finished on a bullish foot two Friday's ago, that tone didn't help stocks one iota last week. When all was said and done, the S&P 500 (SPX) (SPY) pretty much ended last week where it started it, and still on the fence as it's been for the better part of the past several weeks. Just for the record though, the uptrend is still the bulls' to lose. The bears just haven't been able to land any real damaging blows. We'll examine the market's odds and undertow below, after running[...]

  • Market News | Technical Analysis & Charts | VIX | Aug 8, 2016, 10:56 AM

    Weekly Market Outlook - Upside Breakout Amid VIX Lows

    Weekly Market Outlook - Upside Breakout Amid VIX Lows

    Against the odds, though with the bigger-picture tide, last Tuesday's alarming intraday pullback ended up being just the regrouping the bulls needed to finally stage a breakthrough rally.  On the heels of a better-than-expected jobs report for July, the S&P 500 (SPX) (SPY) pushed up and off a key short-term moving average line to finally punch through a resistance line that had been nagging it since mid-July. Do we take the clue at face value and treat it as a breakout?  Or, was[...]

  • VIX | Education | Jul 5, 2016, 9:13 AM

    Gaps and Volatility: Will it Be a 'V' or a 'W'?

    Gaps and Volatility: Will it Be a 'V' or a 'W'?

    Since the middle of June we have seen some remarkable market action. What started out with a rather shallow dip morphed into a near-catastrophic drop following the Brexit decision toward the end of the month, leaving many to wonder if they should have followed the 'sell in May and go Away' advice from the prior month. Volatility started to kick up mid-month as the Brexit vote came closer, in fact European markets reacted far more negatively leading up to the vote with the VSTOXX term structure showing[...]

  • Technical Analysis & Charts | VIX | Futures | Jun 27, 2016, 12:34 PM

    Weekly Market Outlook - Where Things Stand After Brexit

    Weekly Market Outlook - Where Things Stand After Brexit

    Through Thursday, not only was the market's action palatable, it was downright bullish. Investors were increasingly confident the Brexit wouldn't happen. Big mistake. When traders realized the "leave" crowd just edged out the "remain" crowd, it pulled the rug out from underneath the bullishness. When all was said and done, Friday's 3.6% plunge from the S&P 500 (SPX) (SPY) translated into a loss of 1.6% for the week. Now what? Good question. Perhaps the one-day drubbing[...]

  • Technical Analysis & Charts | VIX | Futures | Strategy | Jun 20, 2016, 1:24 PM

    Weekly Market Outlook - Will Support Hold?

    Weekly Market Outlook - Will Support Hold?

    The bulls did everything they could to get the rally back on track last week after the early breakdown. But, it just wasn't meant to be. Once the S&P 500 (SPX) (SPY) fell under the 50-day moving average line on Wednesday, the index -- despite trying -- just couldn't climb back above it. When all was said and done, the market lost 1.18% of its value last week. Still, stocks have a few rabbits they could pull out of a hat and move higher rather than losing any more ground. And, even if they[...]

  • Technical Analysis & Charts | VIX | Futures | Strategy | Jun 13, 2016, 11:08 AM

    Market Outlook - Market Looks Vulnerable Here

    Market Outlook - Market Looks Vulnerable Here

    The market was on pace to a decent gain last week.... until Friday. With that day's stumble, an intraweek gain of 1.0% turned into a 0.14% loss for the five-day span. Worse, the shape and location of last week's intraweek reversal hints that the tide may have finally turned bearish. Of course, in this market, such hints don't necessarily mean a lot. We'll dissect it all below as usual, after painting with some broad brush strokes of economic data. Economic Data As was noted a week ago, there[...]

  • Market News | Technical Analysis & Charts | May 9, 2016, 9:46 AM

    Bonds, Stocks and Gold - Oh My!

    Bonds, Stocks and Gold  - Oh My!

    With all due respect to Dorothy from the Wizard of Oz, the title of this article should tell us we have some worries and fear about investing in different asset classes. To be sure, there is some fear permeating, investors are wondering if they should pull the plug after prolonged bull markets in bonds and stocks, or just buy gold and other precious metals. Equities have enjoyed a bountiful time since the financial crisis, a bullish run of seven years literally uninterrupted (on a longer time frame). Bonds[...]

  • Technical Analysis & Charts | VIX | Futures | Strategy | Apr 11, 2016, 9:45 AM

    BigTrends.com Weekly Market Outlook - Hawkish Fed?

    BigTrends.com Weekly Market Outlook - Hawkish Fed?

    It's too soon to assume the worst yet.  On the other hand, it's not too soon to prepare for the worst even as we hope for the best. Last week, stocks lost ground for the second time in three weeks.  More than that, the major indices are now putting a great deal of pressure on some critical support levels.  Worse still, we're seeing clear signs of waning bullish momentum.  That's not to say that bearish momentum has developed yet.  It is to say, however, this is how bearish[...]

  • Market News | Technical Analysis & Charts | VIX | Mar 21, 2016, 10:23 AM

    BigTrends.com Weekly Market Outlook - Up 12% From Lows, Where To Now?

    BigTrends.com Weekly Market Outlook - Up 12% From Lows, Where To Now?

    We just completed the fifth straight bullish week for the market.  The S&P 500 (SPX) (SPY) advanced 1.35% last week, clearing a couple of key resistance lines in the process. Yet, other resistance lines have yet to be hurdled, and could end up being problems that work against stocks now that the S&P 500 is up 12% from the February 11th low...  enough to give all those would-be profit-takers something to think about. We'll weigh the good and bad below, right after[...]

  • Market News | Technical Analysis & Charts | VIX | Futures | Mar 7, 2016, 9:37 AM

    BigTrend.com Weekly Market Outlook - How Long A Pause?

    BigTrend.com Weekly Market Outlook - How Long A Pause?

    Friday's finish was a lackluster one, possibly hinting that this leg of the rally has finally run out of gas and the bulls need a breather. Of course, after what was nearly a 10% runup from the mid-February low, a break for the bulls is neither surprising nor especially troubling just yet. The crux of the matter is when, where, and if any rest period for the rally comes to a close and the bullishness is rekindled. We'll look at the line in the sand in a moment, right after a quick run-down of last[...]