I know, I know – how unpatriotic of me it is to write an article such as the one I am about to write. But lets be frank – anytime President Barack Obama speaks before a national audience, the market tanks. Since he has been sworn in as President, Obama has had three press conferences,
Stock Market is getting extremely overbought, and news of the “umpteen-trillion-dollar”stimulus plan is likely already priced into the markets, there are some descent shorting opportunities beginning with Aqua America (WTR) and Royal Gold (RGLD) other stock worth noting, but won’t be detailed here are Emergent BioSolutions (EBS) and Finish Line (FINL). Each one of these
Its hard to find anything in today’s market that is actually doing good to the longside – and when a certain industry or stock does overachieve, it doesn’t last for long. But scanning various screens, industries, and individual stocks over the past month has found a few industries and stocks that are doing quite well
For the past four or five months our morning trade setups have primarily been short setups, but today the focus will be stocks with long setups. The market is showing strength in recent weeks, and I wouldn’t be surprised to see this last through the end of the year (sometimes referred to as a “Santa
With a week jobs report this morning, futures are taking a nose dive heading into the open (albeit there has been some recover off of its lows). Its been awhile since we last gave out some potential shorting opportunities – today we have four. If you want to trade with us, then you better join
Pre-market futures are showing another negative open, which isn’t surprising since we broke through a key support level that had held strong the previous two-months. So a lot of people who bought into the hype that the 8300ish level was the bottom of the market’s steep decline will likely be looking for a way out
Negative bias once again heading into the open. Intel has created some more problems for the market by slashing its outlook in its earnings report yesterday. So the Nasdaq is leading the charge downward this morning. We are undoubtedly at a “make-or-break” point for the market today: if it holds its lows, we could see
Pre-market futures are showing a slight positive bias heading into the open. Asian markets were down a little over 1% while the European markets have rallied off their lows to where they are looking at 1% gains. Its a mixed market at this point. Nonetheless here are a few charts worth looking at to consider
Here’s a few shorts worth considering. Now that the market appears to be back in touch with reality, these guys should be enough to jump-start your day. But as for our trading parameters (i.e. stop-loss, entry-price and target price) among other things, you are just going to have to subscribe to find out! Here’s the
UFI has been one of this month's favorites for tracking and trading. Our first trade on UFI yielded us a little over 14% within a two-day period (10/8 - 10/9). We're putting this pick out to our subscribers today, with parameters (i.e. stop-loss, entry, target) that we are using to trade, along with some other