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Dr. Kris
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Dr. Kris hails from the land o' lakes, beer, bratwurst, and Bucky Badger. She traded in her cheese hat for a propeller beanie and has never looked back. She has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her... More
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Stock Market Cook Book
  • Intraday Market Notes & Observations - June 14 0 comments
    Jun 15, 2012 4:00 PM

    2:00 pm ET: Everyone is talking about this morning's rally as if it's something special, but if you compare yesterday's intraday support/resistance ranges with today's, you'll note that not much has really changed except for one thing: The VIX is moving higher. What this is telling us is that uncertainty is increasing and rightly so especially in light of this Sunday's Greek elections. Despite the fact that 80% of Greeks say they're all for remaining in the Eurozone, it could well turn out to not be the case. And if that outcome pans out, then all H-E-double toothpicks is going to break lose. On that ugly thought, it makes no sense to take on any new positions unless you plan to divest yourself of them by tomorrow's close because for the near-term, being long is being wrong.

    Themes: VIX
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  • Greece continues to melt up: Country etf $GREK +5%, Nat'l Bank of Greece $NBG +20% on heavy volume. Both mentioned here several days ago.
    2 days ago
  • Intraday support/resistance: $SPX 1652.5/1660.5, $DTX 647.5/654.5, $DJIA 15235/15315, Nasdaq 3473/3489, $RUT 987/996; $VIX 12.05/12.95
    2 days ago
  • Where do we go from here? Using the Rule of 20 to calculate the market top: http://bit.ly/l4dzXu
    3 days ago
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