Get A Haircut! (FXI,QQQ,DIA,USO,IYT)

Executive Lounge, Options Trader Elite

Get A Haircut! (FXI,QQQ,DIA,USO,IYT)   Earlier this week, freewheeling Hugh L. O’Haynew over at our Wall Street Elite desk decided to push the toothless FAANG narrative.  He was keen on portraying them as no match for the traditionally more defensive sectors going forward.   Well, no sooner had the words spilled out of his Visconti […]

June 29, 2018

I’m Having An Attack! (AAPL,SPY,USO,FXI)

Executive Lounge, Wall Street Elite

I’m Having An Attack! (AAPL,SPY,USO,FXI) Isn’t it always the case…? The news is horrible. The threats are palpable. The rhetoric and bombast are as hot as ever. Suspicion and anger are ubiquitous; finger-pointing; mud-slinging; muck-raking; belly-aching… For gawd’s sake, my meniscus has been twice herniated, my pylor valve is stuck, and I just burned the […]

May 8, 2018

Sell the Market (CBOE,FXI)

Executive Lounge, Wall Street Elite

Sell the Market (CBOE,FXI)   Here at Normandy, one of the means we employ to determine the health of the market is to examine the shares of the world’s major stock exchanges.   The thinking is straightforward.   When the markets themselves are profitable and their shares are rising, it’s a sign of good things […]

July 24, 2017


Executive Lounge, Wall Street Elite

Some worrying statistics just crossed our desk, which may or may not be fateful for the rally, but that we feel duty bound to share with you either way.   ‘May or may not’?   That’s right.  Remember, we’re now dealing with a market that has come unhinged, for lack of a better term.  Unhinged […]

March 21, 2017