The bulls can’t be happy with Friday’s trading as the market sold off on slightly higher volume and started to eat into the post-Fed rally. In fact, the Nasdaq is basically exactly where it was the minute the Fed statement was released. The Nasdaq 100 has given back all of its post-Fed gains [...]

There was a whole lot of technical damage done on Thursday and Friday. Those days also provided some great trades if you were willing to go short. I think I get some kind of perverse pleasure out of shorting. I almost never look to buy stocks that are in extended slides but [...]