Trade Setups

The bearish list of trade setups could very well come in handy this week as we continue to see a lot of sluggishness out of this market, and when that happens, the window of opportunity is always there for the bears to try and push this market much lower. However, trying to convince the bear

The market and stocks in general have recovered nicely off of the lows of the day and look ready for another possible run to the all-time highs and perhaps beyond 2000 this time.  There is a very solid hammer candle on SPX and it bodes well for the market going forward. I figure to be

Pre-market update: Asian markets traded 0.2% higher. European markets are trading 0.3% higher. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), EIA Petroleum Status Report (10:30) Technical Outlook (SPX): SPX continues to show the desire to test all-time highs, falling

The bears are back up against the ropes but as we have seen in the past, it only takes one headline to completely ruin things for the bulls. But what the bears lack is the gusto to follow through and build upon the weakness presented to them.  We got a glimpse last week of how

Here the week’s bullish watch-list and there is no doubt a lot of question marks in the air right now. People are wanting to be freaked out by the MH17 airliner that was shot down and people are wanting to be nervous about the Israeli ground attack in the Gaza. At the end of the

This week’s list of trading setups.  It has been sluggish for stocks so far this month and I’m not so sure that this market hasn’t seen the highs put in already for the time being. While I’m not playing that hand yet, I am completely open and ready to respond accordingly with some short positions if that ends

There seems to be a bit of bullishness to start the week off, and there is a good chance that we could end up testing and establishing new highs this week. However, If that fails to happen, I will become a little more cautious towards this market and expect a more extended period of consolidation

It has been a rough start to the week for stocks in general – coming into the week there were a lot of stocks on the scans that I run with prices right at major resistance levels. With the sell-off that we have seen today and yesterday, there has been some major sell-offs in individual

The market had a heck of a week of shortened trading last week, closing impressively higher the last three days of the week. But so far to start the new week, it is experiencing a hangover of sorts as it is struggling to find its footing at this point.  That could all change as the

If you were looking for more, my apologies, as there are very few legitimate short setups out there.  The only stocks that people seem to be shorting these days are the inverse bearish stocks. In fact the list below is probably one of the smallest ones that I’ve published in ages.  Nonetheless, you always want