• It is the end of Q2, and on to the second half of 2014.  And I’ve put together a solid bullish watch-list to take you into Q3. The market is still pushing higher just like we saw in 2013, the only difference is the pace of which it continues to expand higher. It definitely has

    |June 30, 2014|1 min read|
  • S&P 500 is seeing some divergences here on the intraday charts and with the daily charts as well. Particularly when you compare the price action between the S&P 500, SPY and the VIX.  I’m not getting ubber bullish here, but what I am doing is swapping out any of my non-performing positions with those that

    |June 23, 2014|1 min read|
  • The move higher today and the two days prior has been meager at best.  It really concerns me as we come up on the FOMC Statement tomorrow and how easy it would be for any part of the Fed Statement to create a sell-off that easily takes us back below 1925. If that happens the

    |June 17, 2014|1 min read|
  • With last week’s pullback and Friday’s subsequent minor bounce, the charts are once again setting up for some solid trading opportunities across the board in a number of the stocks listed below.  Many of them are either either coming out of a long awaited basing pattern, or pullback back to a breakout level and ready

    |June 16, 2014|0 min read|
  • Pre-market update: Asian markets traded 0.6% lower. European markets are trading -0.5% lower. US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): Empire State Manufacturing, Treasury International Capital (9), Industrial Production (9:15), Housing Market Index (10) Technical Outlook (SPX): Light bounce on Friday following three

    |June 16, 2014|1 min read|
  • The bearish list of trade setups for the week is a lighter version of what we have become accustomed to seeing.  And you can primarily blame that on the ubber-bullish market conditions underway right now. But in all honestly, these types of conditions really helps me to find out which stocks are the ‘really-bearish’ ones

    |June 10, 2014|1 min read|
  • My weekly bullish trade setups is out! The list is definitely a lot smaller than what we have seen in recent weeks. Much of that has to do with the S&P 500 having rallied eleven of the last thirteen trading sessions. When that happens, stocks are going to become over-extended and much less attractive as

    |June 9, 2014|1 min read|
  • The bearish watch-list has become a moving target in recent weeks But that’s a good thing, that means there is a strong trend in the other direction to pounce on as most of the bearish setups today are seeing a lot of them broken tomorrow, which renders them useless. So what you will want to

    |June 3, 2014|1 min read|
  • This week’s short list of trade setups – Short in size of the list and short in terms of price action.  A lot of the previous short setups, for obvious reasons have fallen prey to the market rally, which is to be expected when the overall market is breaking out to the upside.  I don’t

    |May 28, 2014|1 min read|
  • We have a shortened week and a market that is breaking into new territory on the S&P 500. The Russell is finally trying to wipe away it’s 2014 down trend and the NASDAQ is breaking out of a recently formed base. All reasons to be focusing mainly on the long side of the trade this

    |May 27, 2014|1 min read|