HI guys

It's been a long time since I wrote a new post. I have been dealing with some personal issues and for those who have stuck by me "thank you from the bottom of my heart" I truly value each and everyone of you!.

Now on the markets. We have been in this huge wave up pretty much since January and I real don't see anything changing in the near future.  The FED is printing pretty much free money all over the place and bonds are giving almost no return, so money has to go somewhere and that would be the stock market. Every dip it seems is bought up and buyers just chewing up the dips. The difference I really see is housing is really going. With all the free money to borrow the hedge funds are borrowing for next to nothing, the inventory is very low, so they are building houses and apartments like crazy! Just down the road from me 90 new houses are being built with lightening speed (they do this to sell them as quickly as possible and pay back the loan and make a killing) I

From what I see in the ES is sideways consolidation and we could push much higher. The last few weeks we have pretty much been trading sideways. Which would make a bull flag to push us up to new highs. 

you can see the small bull flag and trend line I have drawn, as long as we keep that trend line I suspect the dips will continue to be bought.

Gold has been similar as a range bound in a sideways move. Eventually it will break one way or the other, but you could sell weekly options on it and collect premium. 

Godspeed to all xoxo Anna 

Hi everyone

Well here we are over 1500 on the Spx and it looks like it could try and continue this slow melt up until something comes along to shake things up.  I have been trading mostly Gold, it's in a downward sloping channel and last week tested some key resistance on the downside.

Today is Presidents Day so no action today, mostly just flat about what I expected, but I have been watching the VIX which is getting to a point where I think it has a change coming. The market has gotten very complacent and it can't stay that way forever. I took a long Position in VIX via a Vertical Call Spread. I have about 30 days for it to work, if not I only paid .20 cents a contract, so not a huge risk. But if the VIX can get to 15 I could double or even triple my risk.

Here is a chart of the ES (which tagged the lower 60 min trendline on Friday) and Gold's channel

Now here is a daily and a 60 min chart on silver by Dark

here is the 60 min chart could have short term bottomed and a short wave up to correct oversold cond.