Trade Setups

Here's an article that I wrote for the Slope of Hope today as a guest blogger. Great website if you haven't yet checked it out! Today I want to provide y'all with a couple of trade setups that I thought depending on your trading strategy and market bias, could fit nicely into your portfolio. The

…But it is still a Bull. Why do I say that, because, I just went long on Avon Products (AVP) and for the market to continue to rebound from steep sell-offs there has to definitely be some makeup being put on to cover up the flaws in this market. Nonetheless, trade with the trend until the

Two stocks that I currently have in my portfolio that I haven’t charted for all of y’all yet. Apple (AAPL) continues to be the gift that keeps on giving. It’s hard not to buy this stock every time it dips. The trend-line, using the 50 day moving average, has not been violated since March,

It might come across as a surprise, but I actually have to long positions in my portfolio right now, and no, they are not an ETF ultra-short! They are legitimate longs. This morning, I got into PetMed Express (PETS) at 16.43 and Quicksilver Resources (KWK) at 13.49. Both offer solid risk-reward setups. Whether they become

Yesterday, I purchased some shares of Apple at around $191/share. I planned on holding these shares for a little while longer than what I did, but after yesterday’s final hour sell-off and the behavior that we’ve gotten out of the market this week (i.e. no certain direction at all), and especially with the unemployment number

Apple has been probably one of my favorite all-time stocks for trading in. It is really the stock that keeps on giving. While it is in my opinion one of the best stocks/companies of the decade, it has also provided a ton of buying opportunities along the way. In other words it plays well with

Wasn't expecting to short Amazon today (AMZN) but the beautiful bearish harami pattern that has formed over the last two days using candlesticks made it irresistible (the candle pattern resembles a pregnant lady). I got in at the close at 122.04, with a stop-loss just above the highs reached yesterday. This stock is extremely overbought,

Sick of hearing those  infomercials about how much of a fool you are for not converting all of your dollars into gold? Or how you could make millions of dollars simply by raiding grandma’s jewelry box and giving it to some hocus-pocus firm that will give you wheel-barrels full of cash for it? I sure

I went long on SDS this morning, which is an ultrashort of the S&P 500. So far so good. I got in when the S&P was up about 10 points, believing that the market would have a difficult time holding on to the early gains, especially when considering recent difficulty for the general markets to

I went long on TWM, which is the UltraShort for the Russell index, at 26.63 this morning. Right now the trade is profitable, and if there isn’t any further weakening in the index heading into the close, I’ll probably close out my position by the end of day. Right now my stop-loss is 25.99,