Archive for the ‘ Uncategorized ’ Category
And just like that, here we are, all the way back to the top. What a week it was, I’m out of breath. The bullish falling wedges last week on the indices resolved themselves as expect in a powerful rally, bringing the small cap index $IWM to new rally highs and the $SPY and $QQQQ [ READ MORE ]
The market is still overbought and a little testy here, breakout the past few days have been met will selling. It’s time to take some profits from the recent run and hide out for a little while in safer names. The Euro $EURUSD short squeeze is on, if you trade forex take advantage, the 50 [ READ MORE ]
As I write this, the Euro $EURUSD short squeeze is percolating, hedge fund managers who have record short positions in the Euro will be scrambling for the exits today and tomorrow. I called a short term top in the US Dollar $USDX this weekend, I’m confident in my call there. It’s time to start looking [ READ MORE ]
This week I began to explore the idea that the US Dollar $USDX may be topping out on a short term basis. After surging to new highs last Friday, the dollar gave it all back and proceeded to chop around this past week. Remember, we are still trading above rising 20, 50, and 200 day [ READ MORE ]
Leigh Drogen is the founder of Surfview Capital located in New York. Leigh runs a long / short momentum strategy which takes positions across several different asset classes. More...