Local Optima

When the rally began, back in March/15, I started opening long positions. The idea was to test the Market, today I was stopped out of Ryman  Hospitality (RHP) which is a REIT

Today, most of the day the main indexes were trading with moderate to heavy losses. Once the Federal Reserve released its minutes, the losses stopped and some indexes were able to partially recover.

Not long ago the Fed hawkish comments used to hit the Market indexes, today we are back at that kind of Market fragility. From the large-cap perspective the decline is moving around the

Today the important indexes rallied, the Market is behaving in a different way than I thought, where a controlled pullback would take the S&P 500 close to the -1 Keltner Channel