Author Archives: Erik Calco

The Nasdaq 100 futures (/NQ) is approaching a downward trendline.  Given recent lower highs, and the bearish environment today, there is a decent probability that this could reverse to send the Nasdaq down. On this hourly chart, the beginning of … Continue reading →

Not a lot has changed fundamentally since the last sector analysis.  The cyclical flight to safety continues.  It has been hard to discern on the daily charts with the noise created by the interest rate hike via December sector changes. … Continue reading →

ETFs, for the first time in history, created opportunity for retail investors that has, in many ways, leveled the playing field between them and large institutions.  Individual investors, with a simple purchase, like a stock, can hedge their portfolios to … Continue reading →

The news came out yesterday that a Third Avenue fund was liquidating, and putting a halt on redemption, locking up the deposits investors put in the fund, possibly for months.  Being important news, and possibly the only really bad news … Continue reading →

As the market approaches the historic day next week when the FOMC decides whether to raise interest rates for the first time in nearly a decade, the market is heating up with volatility.  To put the VIX (or /VX for … Continue reading →

One of the early signs of a recession is a flight to relative safety by big money. When large fund managers want to continue to be in equities, yet want to be on solid ground in case the market tanks … Continue reading →