Trade Setups

After closing out my long position in QID (Nasdaq UltraShort ETF) at the end of the day at $12.34, I bought a position in FLIR Systems Inc. (FLIR) at $28.35 with a stop-loss at $27.19. There’s no certainty that today’s sell-off won’t continue into tomorrow, however, I felt that it was appropriate to begin dipping my

The one other trade that I made to the portfolio today was Jack In The Box (JACK), off of a breakout of the bull flag (similar to GHL) that it had been trading in. The stock has already preformed very well, up already 1% from where I bought it. This pick actually came from one

Couple of new swing-trades to the portfolio – GHL and JACK. The former of which is detailed below. As it stands right now, the market has struggled to break the 1196 level on the S&P, but unlike previous attempts, we haven’t seen a significant sell-off ensue as a result.  Here’s the Chart Analysis on GHL.

Two new positions today in the portfolio – the first one was Walt Disney (DIS), and the second one was Goldman Sachs (GS). The latter of which is shown for you below. Notice the clear breakout. I typically wouldn’t buy a stock in financials based on the their recent weakness, but today offered some hope

After closing out of a few losing positions throughout the day, I’ve added Express Scripts (ESRX) @ $48.18. I’ve placed my stop-loss at $46.42. What is so appealing here is the nice bullish flag that has broken in the past few days, indicating that it is ready to resume the upward trend.  Here is the

The market has recovered off of its lows, and now finds itself trading in a fairly tight trading range. With today being Options Expiration Day, I won’t be surprised by any outcome. However, if I were to guess, I would say that we’ll see the traditional wave of buying in the final hour again, if

I sold my position in BE Aerospace (BEAV) this morning – kind of regretting it at this point as it has made a nice bounce since I sold it – but I can’t think too long and hard about it. In its place, I picked up EOG Resources (EOG) at $100.50 off of the assumption

There is always a runt in the litter, and yesterday, despite some very nice gains in the portfolio, ZION (an early morning addition) was signaling “Breakout” across the board. As a result, I put about 5% of my capital in this stock, and early on, I was feeling pretty good about things, as it went

My entry on this position stunk, no doubt about it. But there was really no way to play it other than to put a buy-stop on it as soon as it hit $22.40 (breakout price). However, what I wasn’t expecting to see was the head fake the the bears gave us, by erasing most of

The market is starting to show signs today, slowly but surely, that it is trying to move higher on the day. As a result, I am buying some shares of DirectTV (DTV) after some nice consolidation formed a bullish flag, which falls in the category of continuation patterns. My stop-loss is fairly tight only allowing