Trade Setups

It was another day of chop in the market and so far the week has been rather choppy with Tuesday and Wednesday being bracketed with down days.  Tomorrow will go a long ways in determining how the week closes itself out.  I’ve been steadily adding to the portfolio throughout the week and right now I

Solid follow through that saw new intraday-highs in the S&P 500. That leads me to believe that we will continue to see a bullish nature to this market and only a matter of time before the SPX closes at new all-time highs.  But with that said, I always leave room for the unexpected and should

Today was a key bounce for the markets – it put investors at ease that the market simply isn’t going to roll over and go straight down. However, tomorrow is a new day, and just because we made a nice recovery today, doesn’t completely take the risk out of this ever-rising market.  I’ve put together

Here’s tonight’s watch-list: Short National Oilwell Varco (NOV)

The first full week was a good one to say the least. On Friday I closed out Goodyear Tire (GT) at $26.08 for a five-day trade that brought in 9.5% or a solid $1,900 for the portfolio.  But I can’t rest on the past and tomorrow will bring in a whole new set of challenges

It is about time to close out the last trading day for the first full trading week of the new year. The market has been anything but reliable these first nine days of the trading year - closing lower four out of the last 6 sessions.  However it isn't time to get short on this

Pre-market update: Asian markets traded 0.8% lower. European markets are trading flat/mixed..  US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): Challenger Job-Cut Report (7:30), Jobless Claims (8:30), EIA Natural Gas Report (10:30) Technical Outlook (SPX): Extremely choppy session yesterday, with SPX finishing barely below breakeven for

It is safe to say that the beginning of the year has not been the easiest for traders and investors alike. It is one of the clumsiest starts to a trading year that we’ve seen in quite some time, and the direction it wants to take out of the gates remains a big mystery to

It was a great day in the SharePlanner Splash Zone as I closed out my last trade from December – FLS – for a 6.4% gain while adding one new position.  On the other front, Oscar’s day-trading netted another $494.15 in gains pulling in NBIX for $11.5% and $13.6% and in GOGO with 3.2%. This

Here is this week’s complete bearish watch-list. Just like I have already done this week, I am highlighting, each night, the best short setups from the list and some that also may be discovered after posting the watch-list. So be sure to check in each night.  Here’s this week’s bearish watch-list.