Trade Setups

What a lathargic market, however, by no means does the lukewarm and sterile market conditions we are seeing today favor the bears one bit. Instead, it tells me that the bulls are extending their weekend a little longer.  Below are three setups that speak for themselves. In the SharePlanner Splash Zone, we just got

What a lathargic market, however, by no means does the lukewarm and sterile market conditions we are seeing today favor the bears one bit. Instead, it tells me that the bulls are extending their weekend a little longer.  Below are three setups that speak for themselves. In the SharePlanner Splash Zone, we just got

I’ve tried to be patient with this market today. Not try to force the issue, but after bottoming out at 1686 and pushing higher ever since, I had to join the dip crowd and add a new trade to the portfolio.  One of the stocks that is setting up really well here is Micron

I was a little hesitant about getting into Credit Suisse (CS) at first, primarily beceause of how gappy it can be from an overnight perspective. However, the fact that it was breaking through 2013 resistance made it a trade that I could not resist. So I got in at 29.91 a couple of days ago, and just

If you’ve followed this site for any amount of time, you’ll come to realize I hate politicians – every last one of them. I’ve been disappointed by them, had high hopes for a few, only to be crushed by the level of corruption they ultimately displayed etc.  I honestly don’t care what someone else’s views

The bears are showing some serious 'game' today as they have the S&P 500 down double digits – a rarity these days to say the least.  The problem for them though, is that they have become so 'gun-shy' that any kind of weakness they will cover their positions, especially if there isn't a huge catalyst

This never die market keeps pushing…well… higher. Dip buyers are showing themselves strong at the highs for the past three days. With that said, lets look at three swing trade opportunties that you can get long on:  Long:Cummins (CMI) Long:Cabela's (CAB) Long:Boeing (BA)

Here's two "lazy trade" setups that I've put together. All mapped out and ready to run with. Remember as it is with all trades - put those stops in (especially you shorts out there).  Long: Acadia Pharceuticals (ACAD) Short: Sandisk (SNDK)

Arena Pharmaceuticals (ARNA) pop this morning provided a great opportunity to get short with minimum risk this morning. I'd say if you can get in close to $6 on this stock, the better off you'll be.  But notice how this stock is trading just below the year-long previous consolidation pattern that it had been in.

It appears that the market is just fine with remaining in a holding pattern until Uncle Benny decides what his centralized planning for the economy will be going forward. Until then I wouldn't expect much out of these markets. Considering back in June he really created a mess of everything during his press conference, it