Trade Setups

H&R Block (HRB) Pullback to Support Stock: H&R Block (HRB) Long or Short: Long Entry: $30.19 Stop-Loss: $29.01

H&R Block (HRB) Pullback to Support Stock: H&R Block (HRB) Long or Short: Long Entry: $30.19 Stop-Loss: $29.01

I know that there is a lot of controversy behind Herbalife (HLF) and rumors that it is some kind of ponzi scheme, Carl Icahn’s position in the stock or why Bill Ackman has made his short position in the stock such a personal one.  All that talk, news and made-for-tv debate is senseless and pointless

Not a lot of words needed for this post - the charts pretty much say it all. Solars are running today and they can be played. Some require patience while a couple of others require an immediate decision whether you want to play them long or just stand aside.  Here are the Solar Setups: Long:

Pre-market update: European markets are trading 0.3% higher.  Asian markets traded 0.2% lower. US futures are trading 0.2% higher.  Economic reports due out (all times are eastern): Retail Sales (8:30), Empire State Manufacturing Survey (8:30), Business Inventories (10) Technical Outlook (SPX): SPX is trading at a level now that makes it nearly impossible to advance

Rick Santelli is truely a man after my own heart. This guy bucks the mainstream media, goes against all the talking heads and nimrods who cowardly follow the direction that Bernanke gives, and provides the truth behind what the Fed is doing and why.  Santelli is the sole reason to ever watch CNBC, and regardless

Two trades to watch for opportunities to get long/short in, depending on your view of this market. Me, personally, I wouldn’t touch a short swing trade setup with a 100-foot pole. You need a pipeline of bad news and this market isn’t giving it to us.  Long: Shanda Games (GAME)

I was surprised today when I started to mark up the Apple (AAPL) chart this morning, just how much I really liked it . Of course there are a myriad of fundamental reasons why people should or shouldn’t buy the stock, but at the end of the day, the chart is either bullish or bearish,

I got long this fine beauty of a chart today at $104.66. Hasn’t done much for me in the past few hours, but the chart pattern and setup is undeniable and one that I am constantly on the prowl for.  The box breakout is one of my favorite patterns…particularly when it merges with an ascending

The charts sum it up pretty clearly… LONG: Verizon (VZ) LONG:Tenet Healthcare (THC)