A tiresome, far too predictable, and difficult to trade market 

Frustrated and annoyed by the stock market? You are not alone. The bears have no back bone, institutions are absent from the rally, and all you have left is a bunch of David Portnoy fan boys (FYI – I do like his Pizza reviews) who’s main trading strategy is FOMO. So stocks go to ridiculous evaluations and a forward P/E of 24, and a lack of intraday price action that goes nowhere beyond the opening gap higher. 

Then you have the 11:30am eastern dip buy EVERY. SINGLE. DAY, insuring that the stock market bounces off of the lows of the day and turns a blind eye to all the horrible news that is currently out there. 

Below I’ve put together my list of long setups and short setups. The latter is almost non-existent these days, and the former makes it hard to find quality trade setups with respectable risk/reward scenarios. 

Here’s my watch-list of long setups I am following:

Here’s my watch-list of short setups I am following: