All three of these stocks are screaming buys. The one thing you really need to weigh (along with a plan for how you will trade these stocks) is despite the setup, is it worth going long in when considering how overextended the market is currently. That is the question that I am wrestling around with
It has been quite a while since I last provided you with my updated short-watchlist. With the incredible rally that the market has been on for well over a month now, the market conditions are extremely overbought, so for those of you out there that are contemplating shorting this market, I have provided you with
I know it is late Friday, and some of you have already checked out of town, but if you have an urge to place a trade or two to hold over the weekend, here are three long-setups that you may want to consider. I like all three of these stocks, and believe they provide a
I’m a new man today, I guess you could say. I was previously a bear, spending much of the past month shorting any stock that came within my cross ears. I have to say though, being long on this market feels a bit weird but, to continue shorting this market is beginning to look a
Yesterday, I said that I had added Amazon.com (AMZN) as the newest short-addition to my portfolio. It was hard to do so, with the nasty backlash the bears got at the expense of futile optimism on Bernanke’s behalf. Nonetheless, I got in at 119.10 with a stop at 127.60 and an initial target of 102.19.
Okay Folks – Here is my labor of love – and let me tell you it is some major labor having to type out all these symbols, company names and stop-losses into a post for you. But I know that it is a huge help for many of you, and that’s why I do it.
Thought I’d throw out a nice Friday afternoon bone to ya’ll before you head out for the weekend. I just initiated a new short position in JPMorgan Chase (JPM). I like the setup and we’ll see how well it goes. This was also one of my morning short trade setups that I spoke of. My
Busy morning, as the early strength knocked me out of two of my holdings in Silgan Holdings (SLGN) and Hilltop (HTH). However, not to be outdone, and still working within the parameters of my trading system, I jumped back into 2 more short positions and then went long on an UltraShort ETF of the S&P
Here are three more short setups that look really good for the taking. They are definitely worth consideration for inclusion to your portfolio. Allegran (AGN)
Now to be completely honest, things aren’t looking too good for this trade in particular. I got in early Friday morning, when everything seemed to be pointing to the resumption of the bear market. That didn’t happen! Instead what I got was a bull rally, erasing much of the day’s gains, including my early gains