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  • About 

    October 7, 2010, 10:08

    Website LIVE on 6/7/2011 Hello everyone, My name is Bud Fox. No, it's not my real name. Since majority of people involved in finance and trading have…

  • Trading's Dirty Little Secret 

    June 21, 2011, 21:18

    When it comes to trading, a seasoned trader has to go through so much learning...learning the technical analysis, learning how to manage one's emotion,…

  • Contact 

    July 15, 2011, 22:26

  • Premium Service 

    November 5, 2011, 20:57

    This site has officially become a subscription base only site. If you wish to continue viewing my frequent updates regarding the U.S. equity market, please…

  • Intraday Market Analysis LIVE 

    November 6, 2011, 10:23

    The following live feed replaces the prior Intraday Market Analysis format. Now the subscribers can view all my comments and pictures live without refreshing…

  • Site Map 

    December 26, 2011, 07:37

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Blog Posts

  • Category: Uncategorized  (2)
    • 5/10/2012 Thursday Update by: Bud Fox

      May 10, 2012, 16:32

      Good afternoon, The bulls had every opportunity today to rip this thing up, but they couldn't.  

    • 8/3/2011 Time for a break by: Bud Fox

      August 3, 2011, 15:05

      Good afternoon, Everything will be back to normal tomorrow. Yes, I did have a bad loss towards the close in that 140-dow-point puke in the last hour…

  • Category: Weekly Market Analysis  (46)
    • 5/13/2012 Weekly Picture by: Bud Fox

      May 13, 2012, 10:40

      Hello everyone, At this point, I am not certain that we will test SPX 1,300. Why?

    • 5/6/2012 Weekly Picture by: Bud Fox

      May 6, 2012, 18:03

      Hello everyone, After chopping around the top for basically the entire month of April, the market finally shows signs of breaking. I have been preaching for…

    • 4/29/2012 Weekly Picture by: Bud Fox

      April 29, 2012, 15:07

      Hello everyone, What a bullish week. It didn't really surprise me considering how low the bullish sentiment was by historical standard.  

    • 4/22/2012 Weekly Picture by: Bud Fox

      April 22, 2012, 08:57

      Hello everyone, First of all, let's get the big picture out of the way. Nothing has changed my mind regarding the big picture call. We are on our way down…

    • 4/15/2012 Weekly Picture by: Bud Fox

      April 15, 2012, 10:31

      Hello everyone, There is no doubt in my mind that we are in the process of retracing a big portion of this rally since last fall. The process should take…

    • 4/8/2012 Weekly Picture by: Bud Fox

      April 7, 2012, 18:41

      Hello everyone, With Friday's job report, most likely we will see a decent gap down on Monday. Obviously anything can happen between now and then. Based on…

    • 4/1/2012 Weekly Picture by: Bud Fox

      April 1, 2012, 14:14

      Hello everyone, The bottom line is that I believe a top should be made this week.

    • 3/25/2012 Weekly Picture by: Bud Fox

      March 25, 2012, 18:47

      Hello everyone, Not surprising that we gap up right now at Sunday's open. I mentioned it on Friday at 1:28 pm in the intraday LIVE room that we should gap…

    • 3/18/2012 Weekly Picture by: Bud Fox

      March 18, 2012, 17:31

      Hello everyone, It's been a challenging weekend for me to think what to write in this weekend update. I look at the charts for hours yesterday and again…

    • 3/11/2012 Weekly Picture by: Bud Fox

      March 11, 2012, 16:46

      Hello everyone, The deep selling last Tuesday made me think that a tradable top was in place.

    • 3/4/2012 Weekly Picture by: Bud Fox

      March 4, 2012, 12:50

      Hello everyone, This has been the narrowest range week in this entire rally so far.

    • 2/26/2012 Weekly Picture by: Bud Fox

      February 26, 2012, 15:58

      Hello everyone, The market barely went anywhere in a shorten trading week. My short term view still hasn't changed - a pull back is coming.

    • 2/19/2012 Weekly Picture by: Bud Fox

      February 19, 2012, 10:22

      Hello everyone, It's been a challenging weekend for me to decide what to put into this update. I analyze the charts for hours. The bottom line will still…

    • 2/12/2012 Weekly Picture by: Bud Fox

      February 12, 2012, 10:00

      Hello everyone, There is very little doubt in my mind that this rally is getting tired.

    • 2/5/2012 Weekly Picture by: Bud Fox

      February 5, 2012, 14:23

      Hello everyone and happy Superbowl weekend, My gut feeling last weekend served me and hopefully some of you well this past week.

    • 1/29/2012 Weekly Picture by: Bud Fox

      January 28, 2012, 13:47

      Hello everyone, I am about to switch my short term bearish view about the equity market if the market does not sell this week.

    • 1/22/2012 Weekly Picture by: Bud Fox

      January 22, 2012, 09:30

      Hello everyone, The market ripped higher out of my surprise this week. My short term bearish view is definitely shaken, but I am still expecting some kind…

    • 1/15/2012 Weekly Picture by: Bud Fox

      January 13, 2012, 18:54

      Hello everyone, Interesting price action on Friday. The market rallied off the low significantly and for sure scared lots of bears. Everyone on CNBC…

    • 1/8/2012 Weekly Picture by: Bud Fox

      January 8, 2012, 07:33

      Hello everyone, Another boring week after the big gap up on Tuesday morning due to the European market rally. This market is getting very tight and I…

    • 1/1/2012 Weekly Picture by: Bud Fox

      January 2, 2012, 08:35

      Hello everyone, Happy New Year. If you didn't have a good year in 2011, don't worry. I suspect that 2012 will be another wild year.

    • 12/25/2011 Weekly Picture by: Bud Fox

      December 24, 2011, 11:52

      Hello, First of all, happy holidays to everyone. I wish you all have some good earned down time regardless whether you celebrate this holiday or not.

    • 12/18/2011 Weekly Picture by: Bud Fox

      December 17, 2011, 09:37

      Hello everyone, We had a possible bottom forming week.

    • 12/11/2011 Weekly Picture by: Bud Fox

      December 11, 2011, 09:59

      Hello everyone, A very choppy week. The bull flag eventually broke down instead. However, based on Friday's reversal, it's hard to argue that there is more…

    • 12/4/2011 Weekly Picture by: Bud Fox

      December 3, 2011, 16:38

      Hello everyone, What an interesting week to say the least. S&P had the best week percentage wise since March 2009. The problem for a short term trader…

    • 11/27/2011 Weekly Picture by: Bud Fox

      November 26, 2011, 10:53

      Hello everyone, Let's get through our routine here and take a look at last week's big picture.

    • 11/19/2011 Weekly Picture by: Bud Fox

      November 19, 2011, 17:41

      Hello everyone, Everything that I forecasted in my last Weekly Picture on 11/13/2011 seems to have come true. While the majority of bloggers online thought…

    • 11/13/2011 Weekly Picture by: Bud Fox

      November 12, 2011, 20:58

      Hello everyone, What a wild week for trading. I hope that most of you are coming out ahead for the week. Let's go through our routine and take a look at the…

    • 11/6/2011 Weekly Picture by: Bud Fox

      November 5, 2011, 18:28

      Hello everyone, It's been a long while since we visited last time. I apologize for the delay. It took forever for the tech support of wp-member to set my…

    • 10/2/2011 Weekly Picture by: Bud Fox

      October 1, 2011, 10:04

      Hello everyone, I am just going to go straight to it. I know that I flip flopped throughout the week on whether wave down has started. Based on Friday's…

    • 9/25/2011 Weekly Picture by: Bud Fox

      September 24, 2011, 11:10

      Hello, Here is last week's big picture. Here is where we are now. So where are we going from here, Bud? Well, very short term wise, I am not…

    • 9/18/2011 Weekly Picture by: Bud Fox

      September 18, 2011, 10:18

      Hello everyone, First of all, I have an announcement to make. I am not sure exactly when, but in the next month or two, this website will turn into a…

    • 9/11/2011 Weekly Picture by: Bud Fox

      September 10, 2011, 11:00

      The bottom line is that we are going down to break SPX 1100 low from 8/9/2011. Here is my most updated picture. There are many technical reasons for my…

    • 9/4/2011 Weekly Picture by: Bud Fox

      September 5, 2011, 08:52

      This update is going to be extremely short. Essentially being the best man in my friend's wedding really messed up my trading on Thursday and Friday because I…

    • 8/28/2011 Weekly Picture by: Bud Fox

      August 28, 2011, 14:12

      Here is the big picture from last week. Here is where we are now. In my last week's analysis, I had this quote - "After observing the price…

    • 8/21/2011 Weekly Picture by: Bud Fox

      August 20, 2011, 16:41

      Here is the big picture from last week. Here is where we are now. After observing the price action on Thursday and Friday, I am actually leaning…

    • 8/14/2011 Weekly Picture by: Bud Fox

      August 14, 2011, 17:18

      Here is the big picture from last week. Last weekend, I had a bad call regarding S&P downgrade. It was a very bloody Monday. Here is most recent…

    • 8/7/2011 Weekly Picture by: Bud Fox

      August 7, 2011, 09:42

      Hello all, S&P downgraded U.S. debt to AA+ on Friday night. I was going to be very confident to say that a short term bottom was in on Friday before…

    • 7/31/2011 Weekly Picture by: Bud Fox

      July 31, 2011, 14:49

      Hello everyone. Here is the big picture from last week. Here is most recent picture. It looks like the red arrow path from last week is in play. B…

    • 7/24/2011 Weekly Picture by: Bud Fox

      July 24, 2011, 15:57

      Hello everyone. Here is the big picture from last week. Here is the updated picture. In the middle of the week last week, I dropped 2 more…

    • 7/17/2011 Weekly Picture by: Bud Fox

      July 17, 2011, 15:58

      Hello everyone. Here is the big picture from last week. Here is the updated big picture for this week. Since my favorite count is the ED, and this…

    • 7/10/2011 Weekly Picture by: Bud Fox

      July 10, 2011, 19:08

      Hello everyone. Here is the big picture from last week. So far this big picture chart is on track, and I won't have a new big picture for this week. I…

    • 7/3/2011 Weekly Picture by: Bud Fox

      July 4, 2011, 20:43

      Happy July 4th, everyone. What a relaxing weekend! I hope you all took some time off to head to the lakes or the beaches. Here is the big picture from last…

    • 6/26/2011 Weekly Picture by: Bud Fox

      June 26, 2011, 13:56

      Hello everyone. It's Sunday and time to get back to work for another week of possibility. Here is the big picture from last week. My long term picture…

    • 6/19/2011 Weekly Picture by: Bud Fox

      June 19, 2011, 13:04

      Happy father's day everyone. I hope that you all have a nice relaxing summer weekend. First, before we go into detail on last week and discuss about…

    • 6/12/2011 Weekly Picture by: Bud Fox

      June 12, 2011, 00:27

      We had another nasty week for the bulls. 1294 to 1295, the old April 18 low of S&P, provided stiff resistance. The market tested 3 times and failed each…

    • 6/5/2011 Weekly Picture by: Bud Fox

      June 8, 2011, 01:43

      Even though the price action remains quite bearish, so far the pattern still looks corrective. With that said, we can never rule out the possibility that "the…

  • Category: Daily Market Analysis  (190)
    • 6/18/2012 Monday Update by: Bud Fox

      June 18, 2012, 15:58

      Good afternoon, We basically tested 50 day moving average in SPX today. The rejection isn't significant. I am betting that we could see a possible breach…

    • 6/17/2012 Sunday Update by: Bud Fox

      June 17, 2012, 17:10

      Good evening, There was no point for any blogs or any sites to predict the market before this Sunday's open.

    • 6/14/2012 Thursday Update by: Bud Fox

      June 14, 2012, 16:35

      Good afternoon, I still expect some downside either starting tomorrow or next week.

    • 6/13/2012 Wednesday Update by: Bud Fox

      June 13, 2012, 21:21

      Good evening, This market needs to rally tomorrow, or else it could get ugly.

    • 6/12/2012 Tuesday Update by: Bud Fox

      June 12, 2012, 16:55

      Good afternoon, Not much to say here. As long as today's low isn't broken, I will stay bullish biased tomorrow.

    • 6/11/2012 Monday Update by: Bud Fox

      June 11, 2012, 16:20

      Good afternoon, With today's price action, I believe that we are on our way to visit the low.

    • 6/10/2012 Sunday Update by: Bud Fox

      June 10, 2012, 18:31

      Good evening, The futures are popping like firework from Spanish bank bailout. Again, the market is all about Europe on and Europe off. Is it possible that…

    • 6/7/2012 Thursday Update by: Bud Fox

      June 7, 2012, 17:30

      Good afternoon, The bottom line is that the trend is up. Despite the selling, VIX actually closes negative. In my opinion, this is just profit taking.

    • 6/6/2012 Wednesday Update by: Bud Fox

      June 6, 2012, 15:34

      Good afternoon, What a rally! Is it possible that the low is in? Well, yes. With the strength of today's rally, it's hard to ignore the price action. I…

    • 6/5/2012 Tuesday Update by: Bud Fox

      June 5, 2012, 16:20

      Good afternoon, The market chopped up all day, and it wasn't worth trading. So far price action hasn't shown much strength and leaves the door for another…

    • 6/4/2012 Monday Update by: Bud Fox

      June 4, 2012, 16:38

      Good afternoon, The market is trying to find a bottom after the nasty job report from Friday. Personally I am guessing that we haven't seen the low yet, but…

    • 6/3/2012 Sunday Update by: Bud Fox

      June 3, 2012, 18:02

      Good evening, We are gapping down again in this Sunday evening. The market internal on Friday told me that there are lots of stealth buyers in the market.

    • 5/31/2012 Thursday Update by: Bud Fox

      May 31, 2012, 17:26

      Good afternoon, Based on the strength of today's rally, I suspect that today's test low isn't the final low.

    • 5/30/2012 Wednesday Update by: Bud Fox

      May 30, 2012, 16:14

      Good afternoon, Not much to say. I kept mentioning that we will go down to test low or break low for days now and today's price action reinforced my…

    • 5/29/2012 Tuesday Update by: Bud Fox

      May 29, 2012, 15:59

      Good afternoon, The market popped good towards the close; however, it's not enough for me to change my near term market view.

    • 5/28/2012 Monday Update by: Bud Fox

      May 28, 2012, 19:21

      Good evening, I hope everyone had an amazing 3-day weekend. In terms of the market, this past week's bounce is too overlapping for me to be bullish.

    • 5/24/2012 Thursday Update by: Bud Fox

      May 24, 2012, 16:59

      Good afternoon, Not much to say here. In my intraday LIVE room, I said that this market needed to rally into the close to prove that it's bullish.

    • 5/23/2012 Wednesday Update by: Bud Fox

      May 23, 2012, 20:35

      Good evening, Bottom line - I have not seen this kind of bullishness in a long long time, where the tick stays above 1,400 for several minutes.

    • 5/22/2012 Tuesday Update by: Bud Fox

      May 22, 2012, 20:39

      Good evening, The market has retraced quite a bit of this current up move. To be honest, my gut feeling tells me that we should make higher high some time…

    • 5/21/2012 Monday Update by: Bud Fox

      May 21, 2012, 16:14

      Good afternoon, No question this market clearly showed signs of bullishness today. Transport had a big day, up 2.65%, and small cap RUT also had a big day,…

    • 5/20/2012 Sunday Analysis by: Bud Fox

      May 20, 2012, 20:27

      Good evening, As I mentioned in my intraday LIVE room, I plan on moving away from the business of forecasting and focus more on day trading. From this point…

    • 5/17/2012 Thursday Update by: Bud Fox

      May 17, 2012, 15:42

      Good afternoon, Blood is definitely on the street. A couple of days ago I mentioned that the selling momentum was slowing down and it's possible that we…

    • 5/16/2012 Wednesday Update by: Bud Fox

      May 16, 2012, 16:15

      Good afternoon, We continue to grind lower. Looking at the daily chart, we are either at the bottom or we have one more flush down.

    • 5/15/2012 Tuesday Update by: Bud Fox

      May 15, 2012, 16:05

      Good afternoon, The bottom line is that the trend is down. However, it makes no sense for me to chase this sell off. We are very oversold.

    • 5/14/2012 Monday Update by: Bud Fox

      May 14, 2012, 16:54

      Good afternoon, Based on today's price action, it won't surprise me that we see lower low tomorrow.

    • 5/9/2012 Wednesday Update by: Bud Fox

      May 9, 2012, 15:30

      Good afternoon, Tomorrow should be an important day for this market. For 2 days in a row, this market has gap down hugely, but the bulls tried to make…

    • 5/8/2012 Tuesday Update by: Bud Fox

      May 8, 2012, 16:51

      Good afternoon, Not much to say here. The blue box that I draw from the weekend ends up to be correct for a possible bottom.

    • 5/7/2012 Monday Update by: Bud Fox

      May 7, 2012, 15:28

      Good afternoon, Today's bounce is too small to justify shorting. If I have to guess, I expect another leg up tomorrow.

    • 5/3/2012 Thursday Update by: Bud Fox

      May 3, 2012, 17:32

      Good afternoon, Today's selling wasn't intense. I believe that tomorrow's job report should be the catalyst to push this market one way or the other. Most…

    • 5/2/2012 Wednesday Update by: Bud Fox

      May 2, 2012, 15:50

      Good afternoon, Today's price action didn't really tell me much. 1393 SPX support held early in the morning. I expected the market to move up from there,…

    • 5/1/2012 Tuesday Update by: Bud Fox

      May 1, 2012, 17:34

      Good afternoon, Bottom line - A top might be in or very very close.

    • 4/30/2012 Monday Update by: Bud Fox

      April 30, 2012, 15:56

      As much as I would like to say that a top is in or close, I have to take a step back and put everything in context. Today is the last day of the month, and…

    • 4/26/2012 Thursday Update by: Bud Fox

      April 26, 2012, 16:22

      Good afternoon, As I stated last night, I saw 2 possibilities. Based on the price action today, I believe that we are on our way to test the high in early…

    • 4/25/2012 Wednesday Update by: Bud Fox

      April 25, 2012, 16:59

      Good afternoon, Today's price action isn't unexpected. When the market couldn't make lower low on Monday, I said that I was slightly bullish biased for at…

    • 4/24/2012 Tuesday Update by: Bud Fox

      April 24, 2012, 16:19

      Good afternoon, Apple has spoken and we should have a nice gap up tomorrow.

    • 4/23/2012 Monday Update by: Bud Fox

      April 23, 2012, 15:50

      Good afternoon, Despite the bounce all day today, this market overall is still bearish after a big gap down this morning.

    • 4/19/2012 Thursday Update by: Bud Fox

      April 19, 2012, 17:55

      Good afternoon, Tough market to read today. Lots of counter currents all day.

    • 4/18/2012 Wednesday Update by: Bud Fox

      April 18, 2012, 16:11

      Good afternoon, We could make higher high as soon as tomorrow; however, I believe this bounce is near the end.

    • 4/17/2012 Tuesday Update by: Bud Fox

      April 17, 2012, 13:39

      Good afternoon, Even though my yesterday's evening update was short, but it was SPOT ON. I said that a big move was coming either today or tomorrow and I…

    • 4/16/2012 Monday Update by: Bud Fox

      April 16, 2012, 15:08

      Good afternoon, Today's update is going to be very short. Once again, we have a very small range day today with chop both sides.

    • 4/12/2012 Thursday Update by: Bud Fox

      April 12, 2012, 16:04

      Good afternoon, Not much to say when the forecast is spotted on.

    • 4/11/2012 Wednesday Update by: Bud Fox

      April 11, 2012, 17:03

      Good afternoon, based on the price action of the last two days, I believe that a temp bottom was in yesterday.

    • 4/10/2012 Tuesday Update by: Bud Fox

      April 10, 2012, 16:09

      Good afternoon, What a day. Like I said around the open, I was not sure where this market was going to go. After watching the market for a long time,…

    • 4/9/2012 Monday Update by: Bud Fox

      April 9, 2012, 16:20

      Good afternoon, Today's afternoon sell off puts a question mark on whether a short term bottom is in at today's low. If I have to guess, I would say yes.

    • 4/4/2012 Wednesday Update by: Bud Fox

      April 4, 2012, 15:11

      Good afternoon, Today's price action solidifies that a top is in. If you haven't shorted yet, I believe tomorrow will be your chance.

    • 4/3/2012 Tuesday Update by: Bud Fox

      April 3, 2012, 21:34

      Good evening, Sorry for the delay for tonight's update. It's been a busy evening.

    • 4/2/2012 Monday Update by: Bud Fox

      April 2, 2012, 17:34

      Good afternoon, Not really surprised by the price action today as I have been preaching for days now that today could be bullish due to the fact that it's a…

    • 3/29/2012 Thursday Update by: Bud Fox

      March 29, 2012, 15:28

      Good afternoon, Even with today's afternoon rally, this market feels TIRED. In the next few days, we should have a very good shorting opportunity.

    • 3/28/2012 Wednesday Update by: Bud Fox

      March 28, 2012, 18:43

      Good evening, The bubble heads on CNBC will give all kinds of reasons for today's selling. The bottom line is that this market is traded by machines and…

    • 3/27/2012 Tuesday Update by: Bud Fox

      March 27, 2012, 15:50

      Good afternoon, Based on the price action of the last two days, I am fairly certain that the tradable top should happen within this week or the next. &nbs…

    • 3/26/2012 Monday Update by: Bud Fox

      March 26, 2012, 15:47

      Good afternoon, Interesting price action today.

    • 3/22/2012 Thursday Update by: Bud Fox

      March 22, 2012, 15:53

      Good afternoon, The magic 8 ball worked wonder intraday today, including the late afternoon call of testing the low.

    • 3/21/2012 Wednesday Update by: Bud Fox

      March 21, 2012, 18:10

      Good afternoon, Are we close to a top?! You bet we are.

    • 3/20/2012 Tuesday Update by: Bud Fox

      March 20, 2012, 16:39

      Good afternoon, There is very little doubt in my mind that we are trying to make a top here.

    • 3/19/2012 Monday Update by: Bud Fox

      March 19, 2012, 15:53

      Good afternoon, I do not believe that any trader can say with confidence that we are either going to go up or down at this point.

    • 3/15/2012 Thursday Update by: Bud Fox

      March 15, 2012, 17:33

      Good afternoon, The market continued melting higher, but my short term bearish view stays the same.

    • 3/14/2012 Wednesday Update by: Bud Fox

      March 14, 2012, 17:19

      Good afternoon, It's quite a contrast between the market today and yesterday. The issue breadth closed yesterday around 1,500 and the issue breadth today…

    • 3/13/2012 Tuesday Update by: Bud Fox

      March 13, 2012, 17:18

      Good afternoon, It's funny that one of my subscribers asked me this morning whether I could see us going up to 1,400 SPX in the next couple of days. My…

    • 3/12/2012 Monday Update by: Bud Fox

      March 12, 2012, 19:20

      Good evening, A very uneventful day day. Volume was very light. My call this weekend that a tradable top is near still has not changed.

    • 3/8/2012 Thursday Update by: Bud Fox

      March 8, 2012, 19:50

      Good evening, Based on the price action of the last two days, I can't say confidently that we won't exceed the most recent high before another sell off.

    • 3/7/2012 Wednesday Update by: Bud Fox

      March 7, 2012, 16:32

      Good afternoon, Based on the price action, I believe that this up move could last for the rest of the week.

    • 3/6/2012 Tuesday Update by: Bud Fox

      March 6, 2012, 16:02

      Good afternoon, The top that I have been waiting for for a month now is finally here today.

    • 3/5/2012 Monday Update by: Bud Fox

      March 5, 2012, 18:21

      Good evening, I apologize for my lack of presence intraday today.

    • 3/1/2012 Thursday Update by: Bud Fox

      March 1, 2012, 18:56

      Good evening, In the intraday LIVE room, I mentioned that if they didn't sell in the afternoon, then tomorrow could be a bullish day to at least go up to…

    • 2/29/2012 Wednesday Update by: Bud Fox

      February 29, 2012, 20:41

      Good evening, The market showed some profit taking today. Is the top in?

    • 2/28/2012 Tuesday Update by: Bud Fox

      February 28, 2012, 16:32

      Good afternoon, Tonight's update is going to be short.

    • 2/27/2012 Monday Update by: Bud Fox

      February 27, 2012, 17:30

      Good afternoon, Tonight's update is going to be short. We are in a top making process.

    • 2/23/2012 Thursday Update by: Bud Fox

      February 23, 2012, 18:18

      Good evening, Today is clearly a risk on day. Small cap RUT was absolutely on fire, and COMPX and transport outperformed large cap.

    • 2/22/2012 Wednesday Update by: Bud Fox

      February 22, 2012, 16:32

      Good afternoon, Today's update is going to be short.

    • 2/21/2012 Tuesday Update by: Bud Fox

      February 21, 2012, 16:42

      Good afternoon, If you have followed my work pretty closely, you should remember a few weeks ago that I mentioned this entire up leg since 12/20/2011…

    • 2/16/2012 Thursday Update by: Bud Fox

      February 16, 2012, 17:00

      Good afternoon, What a day and what a rally.

    • 2/15/2012 Wednesday Update by: Bud Fox

      February 15, 2012, 15:24

      Good afternoon, A top is usually full with head fakes. This morning's gap up was one of them.

    • 2/14/2012 Tuesday Update by: Bud Fox

      February 14, 2012, 16:12

      Good afternoon, What a close we had. News out of Greece that they agreed to honor the deal after their April election came across the wire at the last half…

    • 2/13/2012 Monday Update by: Bud Fox

      February 13, 2012, 15:32

      Good afternoon, This update is going to be very short. Trading the top is always harder to trade than trading the bottom.

    • 2/9/2012 Thursday Update by: Bud Fox

      February 9, 2012, 17:43

      Good afternoon, The bottom line is that the market feels tired.

    • 2/8/2012 Wednesday Update by: Bud Fox

      February 8, 2012, 16:40

      Good afternoon, Today's morning selling and afternoon buying tell me that we are trying to form some kind of top.

    • 2/7/2012 Tuesday Update by: Bud Fox

      February 7, 2012, 16:32

      Good afternoon, The market made new high like I suspected last night. I believe that this upside is long in the tooth, and a decent retracement is in order.

    • 2/6/2012 Monday Update by: Bud Fox

      February 6, 2012, 17:44

      Good evening, Every time when we have small range boring days like today, you should automatically expect a very short update unless I believe that we…

    • 2/2/2012 Thursday Update by: Bud Fox

      February 2, 2012, 16:15

      Good afternoon, Tonight's update is going to be very short. Today's price action is basically a consolidation of yesterday's gain.

    • 2/1/2012 Wednesday Update by: Bud Fox

      February 1, 2012, 16:11

      Good afternoon, Today's price action confirmed my weekend's view. We are breaking out, and I don't believe that we are done yet.  

    • 1/31/2012 Tuesday Update by: Bud Fox

      January 31, 2012, 17:43

      Good afternoon, The bottom line is this: I do NOT believe that we will retrace very deep. Are we done chopping around? Are we ready to move higher? I am not…

    • 1/30/2012 Monday Update by: Bud Fox

      January 30, 2012, 16:26

      Good afternoon, I know everyone of you wants me to tell you whether this is a tradable top or not, but I think you all know the answer to that - give me a…

    • 1/26/2012 Thursday Update by: Bud Fox

      January 26, 2012, 16:27

      Good afternoon, I believe that we are in a top making process. The price action today isn't encouraging to the bulls.

    • 1/25/2012 Wednesday Update by: Bud Fox

      January 25, 2012, 18:34

      Good evening, Trying to position before FOMC announcement is basically a big gamble. I have seen the market does all kinds of things regardless it's good…

    • 1/24/2012 Tuesday Update by: Bud Fox

      January 24, 2012, 19:25

      Good evening, The market does not look bearish today. Small cap RUT was on fire after the bottom this morning.

    • 1/23/2012 Monday Update by: Bud Fox

      January 23, 2012, 15:33

      Good afternoon, This update is going to be short. The bottom line is that the trend is still up.

    • 1/19/2012 Thursday Update by: Bud Fox

      January 19, 2012, 20:01

      Good evening, A calm market today. Are we close to a top? I think so.

    • 1/18/2012 Wednesday Update by: Bud Fox

      January 18, 2012, 17:47

      Good evening, What a day for the bulls to put on the hurt to the bears!

    • 1/17/2012 Tuesday Update by: Bud Fox

      January 17, 2012, 15:52

      Good afternoon, Based on the price action, a tradeable top is either made today or very very close.

    • 1/12/2012 Thursday Update by: Bud Fox

      January 12, 2012, 16:25

      Good afternoon, The market's upside momentum is strong. I mentioned in the morning that even though the news were bad, I suspected that they would still buy…

    • 1/11/2012 Wednesday Update by: Bud Fox

      January 11, 2012, 18:14

      Good evening, Another consolidation day for the market. Anytime when the market trades sideway like today, the market is either forming a top or pausing…

    • 1/10/2012 Tuesday Update by: Bud Fox

      January 10, 2012, 18:00

      Good afternoon, The bottom line is that the break out did occur and the direction was up.

    • 1/9/2012 Monday Update by: Bud Fox

      January 9, 2012, 15:23

      Good afternoon, Today's update is going to be very short.

    • 1/5/2012 Thursday Update by: Bud Fox

      January 5, 2012, 15:42

      Good afternoon, The market pretty much moved the way that I expected from my last night's update.

    • 1/4/2012 Wednesday Update by: Bud Fox

      January 4, 2012, 15:26

      Good afternoon, Most of you probably want to know where this market is going tomorrow.

    • 1/3/2012 Tuesday Update by: Bud Fox

      January 3, 2012, 17:24

      Good afternoon, What a pop after a long weekend.

    • 12/29/2011 Thursday Update by: Bud Fox

      December 29, 2011, 18:07

      Good evening, I mentioned last night right in the first paragraph that the reason that I took partial profits on my short was that most of the recent tops…

    • 12/28/2011 Wednesday Update by: Bud Fox

      December 28, 2011, 18:31

      Good evening, I believe that a tradable top is either in or near.

    • 12/27/2011 Tuesday Update by: Bud Fox

      December 27, 2011, 17:02

      Good afternoon, This is going to be a short update. It's hard to say anything new in such a small range day.

    • 12/21/2011 Wednesday Update by: Bud Fox

      December 21, 2011, 17:47

      Good evening, This will be my last update until this weekend due to the moving. I appreciate your understanding.

    • 12/20/2011 Tuesday Update by: Bud Fox

      December 20, 2011, 15:29

      Good afternoon, Today's update will be short since we have began a new wave. It's always hard to predict once a new wave has started.

    • 12/19/2011 Monday Update by: Bud Fox

      December 19, 2011, 16:01

      Good afternoon, There is no question that

    • 12/15/2011 Thursday Update by: Bud Fox

      December 15, 2011, 17:56

      Good evening, As I said before that I am usually a day or two early with my top or bottom call, I don't always get it right and no one does. However, the…

    • 12/14/2011 Wednesday Update by: Bud Fox

      December 14, 2011, 16:53

      Good afternoon, If you have been in my Intraday Analysis LIVE room today, this update won't have much new material.

    • 12/13/2011 Tuesday Update by: Bud Fox

      December 13, 2011, 17:54

      Good evening, Euro led the way more than ever today by breaking some key supports. The afternoon selling; however, was more equity led.

    • 12/12/2011 Monday Update by: Bud Fox

      December 12, 2011, 22:07

      Good evening, What a choppy last few days. We had a major distribution day last Thursday following by a major accumulation day last Friday. Today again we…

    • 12/8/2011 Thursday Update by: Bud Fox

      December 8, 2011, 17:41

      Good evening, What a strange news driven day. The bottom line is that my caution yesterday worked out and the market did turn south.

    • 12/7/2011 Wednesday Update by: Bud Fox

      December 7, 2011, 16:21

      Good afternoon, What a WILD day! First of all, I can't stress enough the importance of signing in my Intraday Analysis LIVE room. Yes, every night I will…

    • 12/6/2011 Tuesday Update by: Bud Fox

      December 6, 2011, 16:50

      Good afternoon, The bottom line is that we are either

    • 12/5/2011 Monday Update by: Bud Fox

      December 5, 2011, 21:50

      Good evening, I apologize for this late update.

    • 12/1/2011 Thursday Update by: Bud Fox

      December 1, 2011, 14:53

      Good afternoon, Today's update is going to be short.

    • 11/30/2011 Wednesday Update by: Bud Fox

      November 30, 2011, 15:54

      Good afternoon, "Geez, Bud...how could you let us miss the biggest move in the last 3, 4 months?!" Well...geez...at least I got the direction correct and…

    • 11/29/2011 Tuesday Update by: Bud Fox

      November 29, 2011, 17:54

      Good evening, It's only 24 hours apart, but this market is night and day different from yesterday's. I still ended up carrying 2 cars of TF overnight even…

    • 11/28/2011 Monday Update by: Bud Fox

      November 28, 2011, 16:01

      Good afternoon, Like I said in my Intraday Analysis Live room, being stubborn and having ego is the worst thing of being a trader. In my weekend's Weekly…

    • 11/24/2011 Thursday Update by: Bud Fox

      November 24, 2011, 16:27

      Good afternoon and happy Thanksgiving, I hope everyone has been enjoying your Thanksgiving. We have lots to be thankful for. To be able to trade in a free…

    • 11/22/2011 Tuesday Update by: Bud Fox

      November 22, 2011, 17:35

      Good evening, Another big move is coming, perhaps as early as tomorrow. This move should be minimum 100 Dow points, possibly 200 to 300 Dow points.

    • 11/21/2011 Monday Update by: Bud Fox

      November 21, 2011, 19:37

      Good evening, Today is not my best day calling the intraday market action. I knew that we would have a bounce, but I didn't expect for it to materialize all…

    • 11/17/2011 Thursday Update by: Bud Fox

      November 17, 2011, 17:30

      Good afternoon, My 6:31 am's picture in the Intraday Analysis Live room basically summarized today's action to a T.  

    • 11/16/2011 Wednesday Update by: Bud Fox

      November 16, 2011, 17:12

      Good afternoon, The triangle that every blogger has been calling for a break out is about to break down. Two days ago in my Daily Market Analysis, I said…

    • 11/15/2011 Tuesday Update by: Bud Fox

      November 15, 2011, 16:38

      Good afternoon, For those of you who have been reading my posts for a while, you should know that I am always the first one who admits whenever I am wrong.…

    • 11/14/2011 Monday Update by: Bud Fox

      November 14, 2011, 17:48

      Good afternoon, The market did start selling without making new highs other than the overnight futures on Sunday night. A real BIG move is coming either…

    • 11/10/2011 Thursday Update by: Bud Fox

      November 10, 2011, 16:12

      Good afternoon, The first half of today was great for trading. The market trended up or down nicely and it followed various technical tools such as fib…

    • 11/9/2011 Wednesday Update by: Bud Fox

      November 9, 2011, 16:36

      Good afternoon, Well, well, well...what's that saying? "How you like them apples?" If you have been reading my comments yesterday, today's selling should…

    • 11/8/2011 Tuesday Update by: Bud Fox

      November 8, 2011, 17:07

      Good afternoon, A top is always much harder to catch than a bottom is.

    • 11/7/2011 Monday Update by: Bud Fox

      November 7, 2011, 15:51

      Good afternoon, We had 3 days of market that behaves very similarly. Regardless we gap up or down for the last 3 days, the market sold around the open and…

    • 10/4/2011 Tuesday Update by: Bud Fox

      October 4, 2011, 15:26

      Good afternoon, What a close. The market rallied based on European news again. The way that Europe broke the news was very tactical. They broke the news in…

    • 10/3/2011 Monday Update by: Bud Fox

      October 3, 2011, 15:29

      Good afternoon, There is nothing new to say. Everything that I needed to say was in my two weekend updates and the beginning of today's intraday analysis.…

    • 9/28/2011 Wednesday Update by: Bud Fox

      September 28, 2011, 15:56

      Good afternoon, The bottom line is that if you are going to try to use technical analysis to project tomorrow's market, in my opinion you are crazy. From…

    • 9/27/2011 Tuesday Update by: Bud Fox

      September 27, 2011, 15:56

      Good afternoon, The sell off in the afternoon looked promising on the surface. As a bear, I have 5 things that I don't like about this market. 1. I did not…

    • 9/26/2011 Monday Update by: Bud Fox

      September 26, 2011, 15:45

      Good afternoon, Bottom line - this rally should be sold and a tradeable top is a day or two away. Why? I don't recall the last time Dow went up 272 points…

    • 9/22/2011 Thursday Update by: Bud Fox

      September 22, 2011, 15:46

      Good afternoon, A tough day to trade unless you shorted from yesterday. The market action was very choppy. The bulls were trying to form a bottom while the…

    • 9/21/2011 Wednesday Update by: Bud Fox

      September 21, 2011, 15:17

      Good afternoon, The bottom line is that the top is in. I know that today I made the wrong call of potential rally after the FOMC. However, I also posted the…

    • 9/20/2011 Tuesday Update by: Bud Fox

      September 20, 2011, 14:55

      Good afternoon, If there is no FOMC tomorrow, I'll be confident calling that today is the top. Unfortunately you have to take the price action before FOMC…

    • 9/19/2011 Monday Update by: Bud Fox

      September 19, 2011, 18:11

      Good evening, The challenge of getting a top right is a lot harder than getting a bottom right. Tops are just more elusive. Based on today's price action,…

    • 9/15/2011 Thursday Update by: Bud Fox

      September 15, 2011, 16:37

      Good afternoon, First of all, I wrote a special report this morning. If you miss it, here it is. http://www.greedandmoney.com/2011/09/15/9152011-special-r…

    • 9/14/2011 Wednesday Update by: Bud Fox

      September 14, 2011, 15:55

      Good afternoon, What a day! I hope you make some money in this crazy market or at least not get hurt. The craziness started off in the overnight futures. YM…

    • 9/13/2011 Tuesday Update by: Bud Fox

      September 13, 2011, 15:53

      Good afternoon, Tomorrow is going to be a key day. It will be a big day one way or the other in my opinion. Why? Too many markets are on the verge of…

    • 9/12/2011 Monday Update by: Bud Fox

      September 12, 2011, 19:30

      Good evening, There is no question that bears totally dropped the ball today. U.S. equity market seemed to be the only market around the world that's…

    • 9/8/2011 Thursday Update by: Bud Fox

      September 8, 2011, 19:54

      Good evening, Is today the top? Well, it's possible. Since this triple three is a corrective wave, it's very difficult to know when the correction is over…

    • 9/7/2011 Wednesday Update by: Bud Fox

      September 7, 2011, 15:37

      Good afternoon, With today's rally breaching 61% of the sell off from 8/30, the probability of wave C has started gets smaller. The chances are that wave B…

    • 9/6/2011 Tuesday Update by: Bud Fox

      September 6, 2011, 17:57

      Good afternoon, The bottom line is we are going to break new low. Today's rally from the bottom was impressive. However, just remember how many other…

    • 9/1/2011 Thursday Update by: Bud Fox

      September 1, 2011, 17:52

      Good afternoon, It's not a good day to the bulls. The market did not display strength at all after the morning ISM pop. Volume breadth finished the day with…

    • 8/31/2011 Wednesday Update by: Bud Fox

      August 31, 2011, 17:12

      Good afternoon, Today's update is going to short. The bottom line is that we either have made a top at today's high or we are very close to one. I don't…

    • 8/30/2011 Tuesday Update by: Bud Fox

      August 30, 2011, 16:50

      Good afternoon, Today's price action is rather choppy. We did have our first sell into the close, and the futures continued to sell after the close. It's…

    • 8/29/2011 Monday Update by: Bud Fox

      August 29, 2011, 18:37

      Good evening, What a melt up day. If any trader wants to trade a particular day, today would be it. Very little chop...just trend up. I hope some of you got…

    • 8/25/2011 Thursday Update by: Bud Fox

      August 25, 2011, 17:16

      Good afternoon, Is wave c of wave B finished and we are starting the big wave C down that will break 1100 in SPX? Well, I was pretty confident this morning…

    • 8/24/2011 Wednesday Update by: Bud Fox

      August 24, 2011, 18:44

      Good evening, Some interesting dynamics in the market place today. Wave c of wave B continued moving up today. Based on the wave structure, the market…

    • 8/23/2011 Tuesday Update by: Bud Fox

      August 23, 2011, 18:11

      Good afternoon, Some people might think that I was lazy yesterday with a super short update. Well, when I started this site, I intended to be different and…

    • 8/22/2011 Monday Update by: Bud Fox

      August 22, 2011, 17:15

      As I stated in my intraday analysis, tonight and tomorrow will be a big day for the equity market. Price action is getting very tight and a big move is coming…

    • 8/18/2011 Thursday Update by: Bud Fox

      August 18, 2011, 18:07

      Good afternoon, Probably the most boring big down day that we have so far in this entire sell off. Don't let the big down 419 Dow points fool you. Today's…

    • 8/17/2011 Wednesday Update by: Bud Fox

      August 17, 2011, 17:55

      Good afternoon, Interesting day to say at least. Why? After few days of exhibiting bullishness, this market was sold this morning without news or catalysts.…

    • 8/16/2011 Tuesday Update by: Bud Fox

      August 16, 2011, 15:52

      Good afternoon, Today is the first pull back  since the rebound started. So far, I like what I have seen. I am pretty much ruling out wave 5 down to break…

    • 8/15/2011 Monday Update by: Bud Fox

      August 15, 2011, 19:58

      Bottom line - If we don't sell hard tomorrow, most likely the bottom is in for a while. It does not mean we will make new high exceeding 1370 in SPX. It just…

    • 8/11/2011 Thursday Update by: Bud Fox

      August 11, 2011, 18:13

      Good afternoon, I guess we did break up after all even with the pre market fake out. I hope all of you are having fun trading this crazy market. We just had…

    • 8/10/2011 Wednesday Update by: Bud Fox

      August 10, 2011, 17:41

      Good afternoon, This has to be one of the most choppy days that I have ever traded. It's not just the up and down waves. It's the intra wave chop also.…

    • 8/9/2011 Tuesday Update by: Bud Fox

      August 9, 2011, 18:31

      Good afternoon, What a WILD day. Every day is a wild day now. I am going to start posting trade journal for real next Monday to start it off formally again.…

    • 8/8/2011 Monday Update by: Bud Fox

      August 8, 2011, 16:10

      Good afternoon, I have some trapped long in TF and plan on holding them. Therefore, I won't have a trading journal tonight. In terms of the market, I…

    • 8/4/2011 Thursday Update by: Bud Fox

      August 4, 2011, 16:31

      WOW!!!!!!!!!!!!!!!!!!!! That's all I can say about a day like today. Not only my head and shoulder count works out, it works out in a fashion like last year's…

    • 8/3/2011 Wednesday Update - Short Version by: Bud Fox

      August 3, 2011, 20:49

      Good evening, Even though today supposes to be my day off, it's hard for me to stay away from the charts. This is going to be a short update since I am…

    • 8/1/2011 Monday Update by: Bud Fox

      August 1, 2011, 16:32

      Good afternoon, What a wild day with the ES future up 20 some points overnight and down 20 some points from the high to today's low. Technically we are very…

    • 7/28/2011 Thursday Update by: Bud Fox

      July 28, 2011, 18:35

      Good afternoon, First of all, I need to express a serious disclaimer. Big news will ALWAYS trump technical analysis. This debt ceiling problem is causing…

    • 7/27/2011 Wednesday Update by: Bud Fox

      July 27, 2011, 22:27

      Good evening, What a day. I mentioned in my intraday analysis and yesterday's update that today will be a big day. I just didn't know which way it would…

    • 7/26/2011 Tuesday Update by: Bud Fox

      July 26, 2011, 20:04

      Good evening, Before I get into my analysis, I like to share my thought about the market in the last couple of days. I have to be honest that the market…

    • 7/25/2011 Monday Update by: Bud Fox

      July 25, 2011, 18:33

      Good afternoon, We had a wild day today. The market gapped down over 100 dow points with volume breadth of -10 to 1. However, after testing 1331 in SPX, an…

    • 7/21/2011 Thursday Update by: Bud Fox

      July 21, 2011, 20:30

      Good afternoon, We can't seem to get a small daily candle bar anymore. The market is either rallying hard or selling off hard. What a moody market! But hey,…

    • 7/20/2011 Wednesday Update by: Bud Fox

      July 20, 2011, 16:29

      Good afternoon, We had a boring consolidation/profit taking day after Apple's earning news from last night. Volume breadth barely traded above 2 to 1, and…

    • 7/19/2011 Tuesday Update by: Bud Fox

      July 19, 2011, 19:15

      Good afternoon, Well, the crying wolf I finally got the bottom that I was searching for the last few days, and what the bottom this was! In a day and a…

    • 7/18/2011 Monday Update by: Bud Fox

      July 18, 2011, 18:23

      Good afternoon, The 10% chance that I mentioned in my Weekly Picture happened today. After the second X wave, we had another leg down in wave Z. The…

    • 7/14/2011 Thursday Update by: Bud Fox

      July 14, 2011, 16:51

      Good afternoon, We had another day that the rally got sold into. The market gapped up small this morning with volume breadth of 2 to 1. Surprisingly the…

    • 7/13/2011 Wednesday Update by: Bud Fox

      July 13, 2011, 17:46

      Good afternoon, Hopefully you all had your seat belt on while trading today. What a roller coaster day! The market gapped up with 7 to 1 volume breadth. It…

    • 7/12/2011 Tuesday Update by: Bud Fox

      July 12, 2011, 17:11

      Good afternoon, What a chop day today. The overnight action was a lot more fun than the regular market hour's. Futures started tanking in the Asian session…

    • 7/11/2011 Monday Update by: Bud Fox

      July 11, 2011, 17:49

      Good afternoon, What a day. For people who don't follow the market, today's sell off might seem to be normal. Dow is down about 150 points, not that out of…

    • 7/7/2011 Thursday Update by: Bud Fox

      July 7, 2011, 18:07

      Good afternoon, First of all, there will be no trading journal today since I didn't trade today other than holding on my trapped TF shorts. When that trade…

    • 7/6/2011 Wednesday Update by: Bud Fox

      July 6, 2011, 17:06

      Good afternoon, We had another light volume day today. The volume today barely beats the volume yesterday. The market opened with a small down gap…

    • 7/5/2011 Tuesday Update by: Bud Fox

      July 5, 2011, 15:50

      Good afternoon, What a boring day we had. The volume today is the lowest for this year. This should be a short update since not much has changed from my…

    • 6/30/2011 Thursday Update by: Bud Fox

      June 30, 2011, 17:47

      Good afternoon, Today is a perfect day to show how much of an edge big institutions have over the ordinary investors or traders. This 4th day rally is…

    • 6/29/2011 Wednesday Update by: Bud Fox

      June 29, 2011, 17:23

      Good afternoon, Hmmmm...I wonder what he will say about the word bankruptcy. :) Greece's voting was essentially a non event to the equity market. The…

    • 6/28/2011 Tuesday Update by: Bud Fox

      June 28, 2011, 16:59

      Good afternoon, We had a trend up day with light volume melt up and chop up. The equity futures were trading pretty wildly pre market. At one point, YM was…

    • 6/27/2011 Monday Update by: Bud Fox

      June 27, 2011, 17:43

      Good afternoon, Bulls finally showed some light today. In my Weekly Picture, 2 out of my 3 counts called for a rally from the open and that's what we had.…

    • 6/23/2011 Thursday Update by: Bud Fox

      June 23, 2011, 17:36

      Good afternoon, What a WILD day! I hope you buckled up throughout the day without getting hurt trading this volatile market. The market gapped down 123 YM…

    • 6/22/2011 Wednesday Update by: Bud Fox

      June 22, 2011, 16:53

      Good afternoon, The market opened down with a small gap and the volume breadth of -3 to 1. The open volume was very light, and the market was difficult to…

    • 6/21/2011 Tuesday Update by: Bud Fox

      June 21, 2011, 18:00

      Good afternoon, What a glorious day for the bulls. My bullish count from last night called this rally to a T. If you have followed my nightly trading plans…

    • 6/20/2011 Monday Update by: Bud Fox

      June 20, 2011, 16:00

      Good afternoon. If you haven't read my weekly analysis from this weekend, you should. It has lots of good information in it and I spent over 12 hours on Sunday…

    • 6/16/2011 Thursday Update by: Bud Fox

      June 16, 2011, 17:40

      Good afternoon. Is today the calm before the storm or the calm before a major short squeeze rally? I am not sure. We are in the middle or near the end of wave…

    • 6/15/2011 Wednesday Update by: Bud Fox

      June 15, 2011, 17:38

      Good afternoon. What an interesting day. The market gapped down big with terrible volume breadth of -18 to 1. It looked like it was going to be a bloody day…

    • 6/14/2011 Tuesday Update by: Bud Fox

      June 14, 2011, 16:35

      Well folks, we do have a turnaround Tuesday today. I adapted my trading plan this morning from last night due to the strength of pre market future up move and…

    • 6/13/2011 Monday Update by: Bud Fox

      June 13, 2011, 16:18

      Today's bounce was weak. Other than early in the morning, issue breadth has been trading in the negative territory all day even when the price bounced to the…

    • 6/9/2011 Thursday Update by: Bud Fox

      June 9, 2011, 17:00

      The market bounced/rallied as I've expected from my yesterday's update. Jobless claim turned out to be a non event to the market. Since we were extremely…

    • 6/8/2011 Wednesday Update by: Bud Fox

      June 8, 2011, 16:14

      Today is the most choppy and tightest range day that we have since the sell off started 5 trading days ago. We should have a decent range day tomorrow. There…

    • 6/7/2011 Tuesday Update by: Bud Fox

      June 7, 2011, 19:03

      Today the market gapped up and filled the half gap just before 9 am CST. Since the half gap fill, the market continued to move higher in a choppy fashion and…

  • Category: Intraday Market Analysis  (83)
    • 10/5/2011 Intraday Analysis by: Bud Fox

      October 5, 2011, 07:36

      Updated at 12:39 pm CST We should go down to retrace here. We have breadth divergence, small cap divergence, and transport divergence at this double top on…

    • 10/4/2011 Intraday Analysis by: Bud Fox

      October 4, 2011, 07:09

      Updated at 2:10 pm CST Go according to my update 12:12 pm CST so far. Updated at 1:13 pm CST NQ is coming down strong. We should roll over. Updated…

    • 10/3/2011 Intraday Analysis by: Bud Fox

      October 2, 2011, 13:24

      Updated at 3:00 pm CST SPX broke down and closed below 1100 by 1 point. Breadth closed NASTY at -33 to 1. Updated at 2:47 pm CST Bears are having a…

    • 9/30/2011 Intraday Analysis by: Bud Fox

      September 30, 2011, 07:47

      Updated at 2:51 pm CST Selling into the close. Breadth -13 to 1, major distribution day. Updated at 2:03 pm CST Updated at 1:11 pm CST Crude…

    • 9/29/2011 Intraday Analysis by: Bud Fox

      September 29, 2011, 05:42

      Updated at 2:52 pm CST Well...breadth divergence worked out. Shorts are covering. Updated at 2:17 pm CST We do have serious breadth divergence here.…

    • 9/28/2011 Intraday Analysis by: Bud Fox

      September 28, 2011, 02:14

      Updated at 2:59 pm CST As I said in my 1:11 pm CST update, if that area does not hold, most likely wave has started yesterday. Updated at 1:11 pm…

    • 9/27/2011 Intraday Analysis by: Bud Fox

      September 26, 2011, 16:07

      Updated at 2:42 pm CST ES filled half gap. Updated at 2:26 pm CST Breadth is only at 6 to 1 now. Updated at 2:22 pm CST Guess not....more…

    • 9/26/2011 Intraday Analysis by: Bud Fox

      September 25, 2011, 17:30

      Updated at 2:57 pm CST Shorts are covering like crazy. Updated at 1:44 pm CST A tradeable top is very close, maybe a day or two away. Small cap RUT…

    • 9/23/2011 Intraday Analysis by: Bud Fox

      September 23, 2011, 06:28

      Updated at 2;59 pm CST Small cap RUT/TF pop the most in this last pop. You know it's short covering since RUT is the most shorted index in a sell off. Upd…

    • 9/22/2011 Intraday Analysis by: Bud Fox

      September 22, 2011, 06:07

      Updated at 12:05 pm CST Updated at 11:31 am CST Some bulls are front running 1122 SPX by buying now. Updated at 10:59 am CST Watch for 1122 SPX…

    • 9/21/2011 Intraday Analysis by: Bud Fox

      September 21, 2011, 08:45

      Updateda t 2:40 pm CST Well, it looks like the first red box was it. Hard to argue that that was the top. Updated at 12:28 pm CST Knowing Ben, it's…

    • 9/20/2011 Intraday Analysis by: Bud Fox

      September 20, 2011, 06:22

      Updated at 1:45 pm CST Small cap RUT is extremely weak. It's negative already. The divergence is getting too big to ignore. It's possible that today is the…

    • 9/19/2011 Intraday Analysis by: Bud Fox

      September 18, 2011, 16:57

      Updated at 4:58 pm CST Tonight's update will be late. Please check back later in the evening. Updated at 1:32 pm CST Small cap RUT is quite weak in…

    • 9/16/2011 Intraday Analysis by: Bud Fox

      September 16, 2011, 08:03

      Updated at 3:02 pm CST Unless something really bad happens during the weekend, this market should keep going up on Monday based on where we close and the…

    • 9/15/2011 Intraday Analysis by: Bud Fox

      September 15, 2011, 08:02

      Updated at 2:02 pm CST Updateda t 1:36 pm CST In my opinion, the top is close. We have both small cap divergence and breadth divergence. Until those…

    • 9/14/2011 Intraday Analysis by: Bud Fox

      September 14, 2011, 03:49

      Updated at 2:49 pm CST Wow...10 points puking towards the close. At least some people in this market still have some logic. Updated at 2:27 pm CST Did…

    • 9/13/2011 Intraday Analysis by: Bud Fox

      September 13, 2011, 07:34

      Updated at 2:40 pm CST Call me crazy. I suspect someone knows the retail sale number ahead of tomorrow. We will see whether the number beats or not. Updat…

    • 9/12/2011 Intraday Analysis by: Bud Fox

      September 12, 2011, 03:00

      Updated at 3:07 pm CST Based on the price action this afternoon, I do not believe wave has finished yet. The bottom line is wave will come. Depending on…

    • 9/9/2011 Intraday Analysis by: Bud Fox

      September 9, 2011, 06:46

      Updated at 2:16 pm CST Updated at 1:26 pm CST We should puke into the close. Breadth is at -36 to 1, very bearish. Updated at 12:16 pm CST Very…

    • 9/8/2011 Intraday Analysis by: Bud Fox

      September 7, 2011, 22:30

      Updated at 1:23 pm CST Updated at 1:18 pm CST Very choppy after wave c is finished. We might go down again though because it looks like a bear flag…

    • 9/7/2011 Intraday Analysis by: Bud Fox

      September 6, 2011, 22:58

      Updated at 1:30 pm CST We have a trend up gap up and go day. Yes, I missed most of this move due to the morning chop, but I don't feel bad about it. We are…

    • 9/6/2011 Intraday Analysis by: Bud Fox

      September 6, 2011, 07:09

      Updated at 10:38 am CST Updated at 10:31 am CST We also have breadth divergence. Friday we closed with -20 plus to 1. Today with down more than 300…

    • 9/2/2011 Intraday Analysis by: Bud Fox

      September 2, 2011, 06:29

      Updated at 9:38 am CST Not sure how many updates I will do for the rest of the day. I made my 1% for the day and have to be in a wedding tonight and…

    • 9/1/2011 Intraday Analysis by: Bud Fox

      September 1, 2011, 08:11

      Updateda t 1:20 pm CST Updated at 12:59 pm CST We should puke into the close IMO. Updated at 12:55 pm CST Updated at 12:41 pm CST The…

    • 8/31/2011 Intraday Analysis by: Bud Fox

      August 31, 2011, 06:49

      Updated at 2:02 pm CST If we don't sell into the close, then this is only a 3 wave down. That means that this could be a part of wave 4 and we should see…

    • 8/30/2011 Intraday Analysis by: Bud Fox

      August 30, 2011, 07:26

      Updated at 10:52 am CST We got our higher high and gap fill today. Updated at 10:10 am CST Not sure how many updates I will have for the rest of the…

    • 8/29/2011 Intraday Analysis by: Bud Fox

      August 28, 2011, 20:15

      Updated at 11:42 am CST I probably won't have updates for the rest of the day. It's a vertical trend up day, especially for risk on sectors/indices like RUT…

    • 8/26/2011 Intraday Analysis by: Bud Fox

      August 26, 2011, 07:54

      Updated at 2:06 pm CST Updated at 11:06 am CST 1580 extreme high tick. Updated at 11:04 am CST Volume breadth just shot up to almost 8 to 1.…

    • 8/25/2011 Intraday Analysis by: Bud Fox

      August 25, 2011, 07:26

      Updated at 12:11 pm CST If this possible h/s does not materialize, we are going to puke. Updated at 12:05 pm CST Updated at 11:56 am CST Upd…

    • 8/24/2011 Intraday Analysis by: Bud Fox

      August 24, 2011, 07:32

      Updated at 1:04 pm CST A few bearish signs about today's market. 1. Utilities is the best sector today. 2. Small cap RUT underperforms. 3. Gold and treasury…

    • 8/23/2011 Intraday Analysis by: Bud Fox

      August 22, 2011, 21:47

      Updated at 12:14 pm CST One thing to note here is how low volume breadth is. With Dow up more than 200 points and COMPX up about 3%, volume breadth is ONLY…

    • 8/22/2011 Intraday Analysis by: Bud Fox

      August 21, 2011, 20:33

      Updated at 3:04 pm CST Tonight's analysis will be short. The bottom line is that tomorrow is going to be a big day. The problem is to call which way. Price…

    • 8/19/2011 Intraday Analysis by: Bud Fox

      August 19, 2011, 06:15

      Updated at 1:24 pm CST Updated at 12:17 pm CST Updated at 9:44 am CST Wave c might be over. Updated at 9:37 am CST Updated at…

    • 8/18/2011 Intraday Analysis by: Bud Fox

      August 18, 2011, 00:10

      Updated at 1:47 pm CST Updated 12:44 pm CST Not much to say today. Volume breadth is -67 to 1. We will see lower low..perhaps much lower. If we break…

    • 8/17/2011 Intraday Analysis by: Bud Fox

      August 17, 2011, 05:36

      Updated at 1:56 pm CST Updated at 11:44 am CST Updated at 1136 am CST Updated at 11:32 am CST Updated at 11:16 am CST Probably…

    • 8/16/2011 Intraday Analysis by: Bud Fox

      August 16, 2011, 07:05

      Updated at 12:24 pm CST We might have an intraday breadth divergence. Price made lower low, but breadth actually didn't. Updated at 11:36 am CST Up…

    • 8/15/2011 Intraday Analysis by: Bud Fox

      August 15, 2011, 00:09

      Updated at 2:01 pm CST Updated at 12:52 pm CST If we don't roll over soon, we are going to break new high. Updated at 12:16 pm CST Updated…

    • 8/12/2011 Intraday Analysis by: Bud Fox

      August 12, 2011, 05:40

      Updated at 2:18 pm CST Papers are selling in the S&P pit. I am leaning towards down. Updated at 11:27 am CST Updated at 10:59 am CST Eve…

    • 8/11/2011 Intraday Analysis by: Bud Fox

      August 11, 2011, 06:25

      Updated at 11:01 am CST Both RUT and SPX hit trendlines. Updated at 9:58 am CST Updated at 8:51 am CST Half gap filled. Updated at…

    • 8/10/2011 Intraday Analysis by: Bud Fox

      August 10, 2011, 07:47

      Updated at 2:41 pm CST Updated at 2:14 pm CST Updated at 1:14 pm CST Updated at 12:58 pm CST Testing 1152 again. Updated at 12:28 pm…

    • 8/9/2011 Intraday Analysis by: Bud Fox

      August 8, 2011, 22:31

      Updated at 2:26 pm CST This is the fourth V bottom that we have so far in this entire sell off. Eventually a V bottom is going to hold. We will see. This…

    • 8/8/2011 Intraday Analysis by: Bud Fox

      August 7, 2011, 11:38

      Updated at 2:20 pm CST Bears are protecting initial balance now. Updated at 1:36 pm CST What a day. Another more than 500 dow point down day. This is…

    • 8/5/2011 Intraday Analysis by: Bud Fox

      August 5, 2011, 06:38

      Updated at 12:53 pm CST Not much to add. I went long from the bottom and will hold them through the weekend. I expect us to rally at least a couple of days…

    • 8/4/2011 Intraday Analysis by: Bud Fox

      August 4, 2011, 07:18

      Updated at 1:15 pm CST Breadth at -61 to 1. Updated at 12:13 pm CST Updated at 10:32 am CST Updated at 9:43 am CST I think this will…

    • 8/2/2011 Intraday Analysis by: Bud Fox

      August 2, 2011, 06:09

      Updated 1:59 pm CST Updated at 12:23 pm CST Updated at 11:47 am CST Trendline is gone. Updated at 10:04 am CST We are very close to…

    • 8/1/2011 Intraday Analysis by: Bud Fox

      August 1, 2011, 08:01

      Updated at 12:54 pm CST This market is awfully weak. We might be bear flagging. Updated at 11:38 am CST If we break ES 1275.5, initial balance today,…

    • 7/29/2011 Intraday Analysis by: Bud Fox

      July 28, 2011, 21:46

      Updated at 7:45 am CST I took a loss on my long from last night. Most likely I will take the rest of day off. This gap down renews the selling pressure. If…

    • 7/28/2011 Intraday Analysis by: Bud Fox

      July 28, 2011, 07:06

      Updated at 2:51 pm CST Some bargain hunters are coming in buying with big green ticks. Updated at 1:43 pm CST Updated at 1:19 pm CST Updated…

    • 7/27/2011 Intraday Analysis by: Bud Fox

      July 27, 2011, 00:18

      Updated at 4:07 pm CST Today's market and trading updates will be late. I have a party to attend to. In short, I expect us to rebound as early as tomorrow.…

    • 7/26/2011 Intraday Analysis by: Bud Fox

      July 26, 2011, 07:11

      Updated at 2:10 pm CST Implusive wave count is out. Bearish count is still in or we could see this. Updated at 1:51 pm CST Updated at 1:45 pm…

    • 7/25/2011 Intraday Analysis by: Bud Fox

      July 24, 2011, 16:53

      Updated at 12:18 am CST Missed gap fill by 2 ticks. Updated at 12:01 am CST Updated at 11:57 am CST Updated at 11:26 am CST We are very…

    • 7/22/2011 Intraday Analysis by: Bud Fox

      July 22, 2011, 07:56

      Updated at 12:59 pm CST I think we are going to pop. Light volume Friday afternoon trade. I made some money shorting from this morning and might take the…

    • 7/21/2011 Intraday Analysis by: Bud Fox

      July 20, 2011, 20:36

      Daily analysis and trading journal will be late tonight. I have a few things to do. Apologize for the inconvenience. Updated at 2:31 pm CST Updated…

    • 7/20/2011 Intraday Analysis by: Bud Fox

      July 20, 2011, 07:16

      Updated at 10:36 am CST If we are forming a triangle and breadth seems to agree with me, that it's chopping around the zero line, it might be a good idea to…

    • 7/19/2011 Intraday Analysis by: Bud Fox

      July 19, 2011, 04:37

      Updated at 2:23 pm CST Updated at 2:03 pm CST Updated at 1:36 pm CST Updated at 12:58 pm CST Updated at 12:42 pm CST Updated…

    • 7/18/2011 Intraday Analysis by: Bud Fox

      July 17, 2011, 19:41

      Updated at 2:34 pm CST Updated at 1:44 pm CST Updated at 12:58 pm CST Updated at 12:52 pm CST Papers in S&P pit are buying big…

    • 7/15/2011 Intraday Analysis by: Bud Fox

      July 14, 2011, 21:55

      Updated at 9:55 am CST I might be done trading this morning. I was up over 0 in unrealized profit by going long after U of M sentiment news dump, but…

    • 7/14/2011 Intraday Analysis by: Bud Fox

      July 14, 2011, 05:58

      Updated at 1:33 pm CST Updated at 1:27 pm CST If bulls can't rally from here, then this pop is another X wave with new low to come. Regardless the…

    • 7/13/2011 Intraday Analysis by: Bud Fox

      July 13, 2011, 05:28

      Updated 2:42 pm CST ES gap filled. Wow...what a day. Updated at 2:25 pm CST Updated at 11:01 am CST Updated at 9:51 am CST Updated…

    • 7/12/2011 Intraday Analysis by: Bud Fox

      July 12, 2011, 04:39

      Updated at 1:35 pm CST Another possibility. It's a corrective wave, tough to read. Updated at 1:28 pm CST This is how I read this pop. Upda…

    • 7/11/2011 Intraday Analysis by: Bud Fox

      July 11, 2011, 05:51

      Updated at 12:47 pm CST Updated at 11:48 am CST Updated at 11:28 am CST Today's breadth low of -35 to 1 is the lowest breadth reading since…

    • 7/8/2011 Intraday Analysis by: Bud Fox

      July 8, 2011, 07:19

      Updated at 2:31 pm CST Updated at 2:26 pm CST Selling pressure just isn't strong enough for me to believe that we will break new low today. I am…

    • 7/7/2011 Intraday Analysis by: Bud Fox

      July 6, 2011, 22:48

      Updated at 1:49 pm CST Updated at 1:27 pm CST Updated at 1:15 pm CST Updated at 12:36 pm CST Updated at 11:47 am CST Updated…

    • 7/6/2011 Intraday Analysis by: Bud Fox

      July 6, 2011, 06:27

      Updated at 1:43 pm CST The pattern so far looks like SPX wants to break out/up. All other indices broke out already with new highs and SPX looks like it's…

    • 7/5/2011 Intraday Analysis by: Bud Fox

      July 5, 2011, 07:08

      Updated at 2:37 pm CST This price action feels very much like last year's. If you have read my weekly picture, you should know that I compare this up move…

    • 7/1/2011 Intraday Analysis by: Bud Fox

      July 1, 2011, 06:33

      Updated at 2:23 pm CST Updated at 12:59 am CST They have been buying 0 tick for about 3 hours now. Updated at 12:47 am CST Updated at 12:21…

    • 6/30/2011 Intraday Analysis by: Bud Fox

      June 30, 2011, 07:38

      Updated at 2:24 pm CST Updated at 2:06 pm CST I am glad I took some time off. We are either bull flagging and get ready for another pop or we are…

    • 6/29/2011 Intraday Analysis by: Bud Fox

      June 29, 2011, 06:01

      Updated at 2:26 pm CST XLK new high of the day already. They are buying tech HEAVILY. Updated at 2:17 pm CST Updated at 2:04 pm CST Updated…

    • 6/28/2011 Intraday Analysis by: Bud Fox

      June 28, 2011, 06:04

      Updated at 2:00 pm CST Updated at 1:46 pm CST Updated at 1:43 pm CST Tough day to read the market. Momentum was clearly slowing, but they…

    • 6/27/2011 Intraday Analysis by: Bud Fox

      June 27, 2011, 06:28

      Updated at 1:59 pm CST Updated at 1:40 pm CST Updated at 1:29 pm CST SPX is in the same pattern. Updated at 1:09 pm CST We may have…

    • 6/24/2011 Intraday Analysis by: Bud Fox

      June 24, 2011, 06:36

      Updated at 2:33 pm CST Today's trend down price action is corrective. The wave C that I have been waiting for and trying to trade all day might be here just…

    • 6/23/2011 Intraday Analysis by: Bud Fox

      June 23, 2011, 06:33

      Updated at 2:01 pm CST Must be some news. We just had positive 1363 TICK! Updated at 1:11 pm CST Updated at 12:55 pm CST The high of the day…

    • 6/22/2011 Intraday Analysis by: Bud Fox

      June 22, 2011, 07:24

      Updated at 2:49 pm CST Volume breadth is -1.94 to 1. This sell off isn't that broad base considering dow is down 65 points. Updated at 2:44 pm CST …

    • 6/21/2011 Intraday Analysis by: Bud Fox

      June 21, 2011, 06:58

      Updated at 1:37 pm CST Wave v most likely has already started based on the strength of this last pop. S&P is breaking 1295 with some conviction. Updat…

    • 6/20/2011 Intraday Analysis by: Bud Fox

      June 19, 2011, 17:28

      Updated at 2:29 pm CST Updated at 2:14 pm CST Updated at 1:48 pm CST We might have a bearish divergence here. ES is testing high, but TF is…

    • 6/17/2011 Intraday Analysis by: Bud Fox

      June 17, 2011, 04:20

      Updated at 2:37 pm CST More buyers showing up to confirm this short term count. Since this weekend supposes to be the Greece weekend, I would assume that…

    • 6/16/2011 Intraday Analysis by: Bud Fox

      June 16, 2011, 08:48

      Updated at 2:08 pm CST Actually the bounce from both counts should be sold. Regardless which one it is, both counts are bearish. Updated at 1:57…

    • 6/15/2011 Intraday Analysis by: Bud Fox

      June 15, 2011, 08:13

      Updated at 2:44 pm CST Updated at 2:31 pm CST Well, I guess I wasn't crazy. :) Let's see how long this pop lasts. I was long small in TF from the…

    • 6/14/2011 Intraday Analysis by: Bud Fox

      June 14, 2011, 06:23

      Updated at 1:52 pm CST Wave iii continues to slowly melt up in a low volume market. Wave iv hasn't started yet and it should happen either towards the close…

    • 6/13/2011 Intraday Analysis by: Bud Fox

      June 13, 2011, 08:51

      Updated at 2:34 pm CST Updated at 2:18 pm CST Updated at 1:55 pm CST So far this wedge is being validated 5 times now. It's hard to argue that…

    • 6/10/2011 Intraday Analysis by: Bud Fox

      June 10, 2011, 09:11

      Updated at 2:55 pm CST Ugly close. We might have to wait for the bounce on Monday. Updated at 2:14 pm CST We should either rally towards the close or…

    • 6/9/2011 Intraday Analysis by: Bud Fox

      June 9, 2011, 07:47

      Updated 12:12 pm CST Updated at 10:35 am CST Updated at 10:25 am CST Updated at 10:13 am CST Updated at 9:11 am CST Updated…

    • 6/8/2011 Intraday Analysis by: Bud Fox

      June 8, 2011, 07:23

      The selling momentum seems to be slowing. Look at the picture below. We have gone from light blue channel to purple channel to now the yellow channel. It's…

  • Category: Daily Trading Journal  (30)
    • 8/5/2011 Trading Journal by: Bud Fox

      August 6, 2011, 08:26

      Who says summer Friday is boring? What a day for trading. I made some money today, over ,000 realized and ,000 unrealized. I made back all the money that I…

    • 8/4/2011 Trading Journal by: Bud Fox

      August 4, 2011, 15:10

      What a day, and what a first day to come back to trading after a day of break. I love this kind of market. You either make lots of money or lose lots of money…

    • 8/1/2011 Trading Journal by: Bud Fox

      August 1, 2011, 15:38

      Not a good day today. I went short early this morning, but took profits too quickly. Then all day I went long based on technical and looked for a retracement.…

    • 7/29/2011 Trading Journal by: Bud Fox

      July 30, 2011, 09:44

      I had only 1 trade yesterday, a ,000 losing trade. Not a big deal. I have been thinking about my trading for the last few days. I like to keep up a…

    • 7/28/2011 Trading Journal by: Bud Fox

      July 28, 2011, 17:26

      I had a decent day today. I ended up giving up quite a bit of profits trying to go long towards the end of the day for the wave C that never came. I think this…

    • 7/27/2011 Trading Journal by: Bud Fox

      July 27, 2011, 20:02

      It has been a very difficult 3-day period of trading. Last Friday I shorted 1 ES car at the close by reading the market as very toppy and wished to ride it…

    • 7/26/2011 Trading Journal by: Bud Fox

      July 26, 2011, 16:02

      What a day...what a day. It's a like a nightmare that I never woke up from. If there is an overtrade meter, the needle in that meter is popping out and the…

    • 7/25/2011 Trading Journal by: Bud Fox

      July 25, 2011, 17:26

      Someone wise said that you always should look at the bright side of the things. Well, I needed that quote today. My ES short from last night went from a…

    • 7/22/2011 Trading Journal by: Bud Fox

      July 23, 2011, 11:29

      I had a decent day yesterday. After Thursday's close, I shorted TF overnight with 2 contracts. Both of them were profitable trades. I took 1 car off before the…

    • 7/21/2011 Trading Journal by: Bud Fox

      July 21, 2011, 19:13

      Not a good day today. I got caught shorting the gap fill early in the morning and then took profits way too early. During mid day, I was once again shorting…

    • 7/20/2011 Trading Journal by: Bud Fox

      July 20, 2011, 15:51

      Not a fun day for me operation wise. My website was down for a while due to data base issue. I thought my website was hacked. Not a good feeling. I basically…

    • 7/19/2011 Trading Journal by: Bud Fox

      July 19, 2011, 15:28

      First of all, the daily market analysis for today will be posted late. I have a few things to take care of before I can analyze and write it. Check back around…

    • 7/18/2011 Trading Journal by: Bud Fox

      July 18, 2011, 14:47

      It's a small winning day today. I wish that I would've shorted in the morning. Essentially I was trying to get the bottom all day by going long. I made 5…

    • 7/15/2011 Trading Journal by: Bud Fox

      July 15, 2011, 15:29

      Not a good day today. In the morning, I had a 0 unrealized long trade that I let it come back to me because how I read the market at the time. After that…

    • 7/14/2011 Trading Journal by: Bud Fox

      July 14, 2011, 17:39

      I tried to go long last night. The first one got stopped out and the second one worked out. There is nothing that makes me happier than new equity high. Let's…

    • 7/13/2011 Trading Journal by: Bud Fox

      July 13, 2011, 16:52

      After a bad day two days ago, besides putting up a winning streak, hitting the new equity high is always nice. That's what happened today. I had lots of trades…

    • 7/12/2011 Trading Journal by: Bud Fox

      July 12, 2011, 17:21

      It's important to put a bad day like yesterday behind. A winning day like today is exactly what the doctor prescribed. Let's see if I can start a new winning…

    • 7/11/2011 Trading Journal by: Bud Fox

      July 11, 2011, 20:02

      Today is probably the worst day since I started the 10K Challenge. When I started this challenge and took the risk to post my trades - good or bad, my goal was…

    • 7/8/2011 Trading Journal by: Bud Fox

      July 8, 2011, 22:28

      The shorts that I have been holding from yesterday worked out this morning. Here is the TF chart from Tradestation. The end result of this 15 TF car…

    • 7/6/2011 Trading Journal by: Bud Fox

      July 6, 2011, 17:50

      I had some swing TF shorts from yesterday and last night. I liquidated 3 cars early in the morning and left 1 car to swing. Unfortunately the market retraced…

    • 7/1/2011 & 7/5/2011 Trading Journal by: Bud Fox

      July 5, 2011, 20:44

      Due to some personal reason, I ended up getting only two hours of sleep last Thursday. I usually don't trade when I am either tired or sick. Unfortunately I…

    • 6/30/2011 Trading Journal by: Bud Fox

      June 30, 2011, 17:48

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge…

    • 6/29/2011 Trading Journal by: Bud Fox

      June 29, 2011, 17:47

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge…

    • 6/28/2011 Trading Journal by: Bud Fox

      June 28, 2011, 17:21

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K…

    • 6/27/2011 Trading Journal by: Bud Fox

      June 27, 2011, 18:03

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge…

    • 6/24/2011 Trading Journal by: Bud Fox

      June 24, 2011, 14:44

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge…

    • 6/23/2011 Trading Journal by: Bud Fox

      June 23, 2011, 17:50

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge above. Analy…

    • 6/22/2011 Trading Journal by: Bud Fox

      June 22, 2011, 15:10

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge above. A…

    • 6/21/2011 Trading Journal by: Bud Fox

      June 21, 2011, 18:01

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge above.

    • 6/20/2011 Trading Journal by: Bud Fox

      June 20, 2011, 16:02

      Actual trading results from Tradestation Trading by TF's chart from Tradestation Excel calculation of net P/L See 10K Challenge above.

  • Category: Weekly Trading Summary  (4)
    • 6/20/2011 to 7/22/2011 Trading Summary by: Bud Fox

      July 23, 2011, 12:13

      Here is the per trade summary of my 10K Challenge so far. Here is the daily summary, and it has been posted every day. I do have the tendency to…

    • 6/20/2011 to 7/15/2011 Trading Summary by: Bud Fox

      July 15, 2011, 15:37

      Here is the per trade summary of my 10K Challenge so far. This concludes my first month of trading the 10K Challenge. The equity curve isn't perfect,…

    • 6/20/2011 to 7/8/2011 Trading Summary by: Bud Fox

      July 10, 2011, 01:04

      Here is the per trade summary of my 10K Challenge so far. The trading stalled for a while, but a new equity high has been achieved this week. Here is…

    • 6/20/2011 to 6/24/2011 Trading Summary by: Bud Fox

      June 24, 2011, 22:17

      I had a decent starting week for my 10K Challenge - 4 winning days and 1 losing day. Let's hope this is not a beginner's luck. We will see about next week. P…

  • Category: Special Report  (7)
    • What this site is all about.... by: Bud Fox

      August 5, 2012, 21:53

      This site has evolved as my trading style and habit continue evolving. My trading history started out probably similarly to most of yours. I had no clue about…

    • 11/9/2011 Special Report by: Bud Fox

      November 9, 2011, 05:42

      Good morning, I understand that when I posted the chart at 2:41 pm CST yesterday in our Intraday Analysis chatroom, I bet most of you thought I was crazy.…

    • 11/6/2011 Special Report by: Bud Fox

      November 6, 2011, 10:54

      Dear subscribers, This site belongs to you. I am trying out a new format for Intraday Market Analysis. In the old method, I posted my intraday comments and…

    • 11/5/2011 Special Report by: Bud Fox

      November 5, 2011, 11:51

      Updated at 6:32 pm CST Hello subscribers, I just posted my Weekly Market Analysis. Since the subscription portion of this site is new, please let me know…

    • 10/4/2011 Special Report by: Bud Fox

      October 4, 2011, 20:11

      I got lots of emails today regarding this site. Please be patient, and I will try to set up subscription base site some time this week. Personally I am…

    • 10/1/2011 Special Report by: Bud Fox

      October 1, 2011, 11:35

      A viewer on the site commented on the bearish sentiment in the market place. According to AAII site, financial advisors are generally bearish with a negative…

    • 9/15/2011 Special Report by: Bud Fox

      September 15, 2011, 07:15

      I was thinking last night and this early morning. I believe that I have underestimated the possible size of this most current rebound. I believe that this is…

  • Category: Trading Results  (4)

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