Trade Setups

Taking on new long setups today is a torturous prospect that should be avoided.  Despite this being a post about so-called ‘bullish’ trading opportunities, I have actually only one position in the portfolio and that is with SPXU which happens to be an inverse ETF on SPX to the tune of 3:1.  I may add

Swing-trading short this market may not be done and over just yet.  I closed my position in SPXU (3:1 inverse of SPX) for almost a 6% profit in the Splash Zone yesterday as well as another 2% from a QQQ short. Based on the price action overnight, I thought the market may see a bounce

We haven’t seen the type of sell-offs that struck fear into investors like that of February and October…  But the selling of the last three days have certainly caught the attention of everyone involved in this market. Mega cap stocks like Apple (AAPL) and Goldman Sachs (GS) are dragging the market lower and should today

Market has bounced off of the lows of last Monday and all seems to be good in the world again. However, we have a nasty mid-term elections today, and the results will be announced after the market closes and throughout the night. So the possibility for a volatile overnight trading session looms large here depending

With the election tomorrow, you could see some of the overnight volaility on Tuesday/Wednesday morning similar to the 2016 election.  Hard to say what the final outcome will be, here’s how I see it:

Here are my current watch-lists for both bullish and bearish trade setups. Obviously, green equals “Bullish”, and red equals “Bearish”. 

This was a nice bounce for the bulls off the lows of the day…. really nice.  I didn’t see it happening to this degree. I was stopped out of both my long positions early on, but I quickly got back in one of them, and then added another. So I am fairly happy on the

This is a tough market, no doubt, and while conditions are quite oversold, there has been a lack of a bounce with the equities.  My watch list has about 20 less stocks than what it has been over the past few months. My objective right now, considering current market conditions, is to simply find those

I suspect we’ll keep the bullishness up this week, and stir up the FOMO feelings among traders where they keep piling on with the buying, and the shorts, well they’ll keep getting squeezed like they have been today.  However, should that not be the case, and this market falters at some point this week, and

You can still see where the bears really haven’t bee squeezed yet, despite Friday’s rally, and today’s attempt at one, though right now it is still trading flat on the day.  Big leaders are struggling, and if this market is going to sustain a bounce and do it in a convincing fashion, it will need