Trade Setups

This stock is on a the brink of a brilliant short-setup and you might want to add this one to your watch-list. I’m in the process of looking through thousand charts for potential setups. This is one of the best ones that I have seen yet. If it breaks through the 14.80 level, then this

Nice setup with heavy resistance just overhead that includes the 50-day MA. Also notice the set of lower lows. I’ve placed the stop-loss at 15.74 but may cut losses much sooner if the market keeps moving higher. My Chart on NSIT

Last week I had so many short setups in my stop-loss I had to divide it up into three posts. This week, I’ve narrowed it down to only ONE post. I’ve weeded out some of those that, with the recent market rally, don’t quite have the bearish case that they once did. But as always,

This long setup watch-list is looking more and more prudent by the day as the bulls are determined to push this market higher in the short-term. Remember, you’re not going to like every trade setup or see a trade in every symbol listed below. This is my personal watch-list and there are typically three reasons

Outside of Linn Energy (LINE), the SPDR Dow 30 (DIA) is my largest position in the portfolio right now. Pretty good setup with a solid risk-reward opportunity at hand. I shorted this stock with with the idea that today’s market just seemed too manufactured and unsustainable. Also, I have a hard time letting a weak

Same as Part 1 and Part 2…Rationales for why I have each of these stocks on the list, and even though I don’t explain my rationale for each one (I’d be forever typing out this post if I did), I can break them down into three categories; 1) Price and volume pattern is intriguing 2)

Alright folks here is part two – with part three coming shortly thereafter. I’ll say it again…there are lots of different rationales for why I have each of these stocks on the list, and even though I don’t explain my rationale for each one (I’d be forever typing out this post if I did), I

Since the last time I posted my watch-list it has nearly doubled in size. So much so, that I am breaking my short watch-list into three separate posts to be done throughout the trading day, today. As I always do, I updated the stop-loss for those that are carry-overs from last week, and provided you

Got into another short right at the close with Vodafone (VOD) at 19.62. The other position was SPDR Gold (GLD) which I went long in yesterday. It is at the cusp of breaking out, and should the markets continue to deteriorate, I believe that gold will be a ‘flight-to-safety’ play. However, I will say this,

Today was one of the more eventful days for me in the market in quite some time. Determined that any kind of bounce, no matter how big or how small,  I would short it – and I did exactly that. I added 6 new positions today: 5 shorts and 1 long with the latter being