I had a great Google Hangout today with traders where I discussed current market conditions, along with a few trade setups in MTW, CAM, VMC, SLB, OAS and HP. Also, I spent a great deal of time going over why I didn’t short the market back in late January, and how I was able to
Another solid day in the Splash Zone, despite a market that simply could not find its footing. On top of selling BAS yesterday for a 15.6% gain, I booked the profits in BHI at $59.90 for a 5.1% gain in six trading sessions and a profit of $1,024. If you’d like to subscribe to the SharePlanner
Here is tonight’s trade setups for tomorrow’s market: Long Toll Brothers (TOL)
Pre-market update: Asian markets traded 1.4% higher. European markets are trading 0.6% higher. US futures are trading 0.1% higher ahead of the market open. Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Janet Yellen Speaks (8;30), Redbook (8:55), Janet Yellen Speaks (10), Wholesale Trade (10) Technical Outlook (SPX): SPX continues to rally,
Here's tonight's trade setups: Long Aruba Networks (ARUN) Long YY Inc (YY) Long US Steel (X) Long Bank of America (BAC) Short On Assignment (ASGN)
Stocks are still on the rebound and the kind of long setups that you are looking for at this juncture are not what we’ve come accustomed to seeing. Primarily speaking, the ideal setups to take are no longer those trading at the highs with consolidation. Instead it is those setups that have sold off, based,
Here’s tonight’s watch-list: Long Denbury Resources (DNR)
Here’s tonight’s watch-list: Long Gulfport Energy (GPOR)
Today was a huge recovery for the bulls because when the SPX was in the 1730’s it was looking extremely bleak only for that moment in time to represent a huge turnaround for the bulls and a significant rally off of the intraday lows. So the key for tomorrow is whether the bulls can continue
Here’s tonight’s trading watch-list: If you’d like to subscribe to the SharePlanner Splash Zone and get my Real-Time Day-Trade and Swing-Trade alerts, then sign up for the Free 7-Day Trial by clicking here. Long Chesapeake Energy (CHK)