• May look at taking my first short trade in almost three months (that's a record for me) That doesn't make  me necessarily a perma-bull (though I do feel like it), I have just not found it, based on the way I trade personally, to successfully trade short in this market. However, this market does worry

    |June 10, 2013|1 min read|
  • CME Group (CME) breaking out of continuation triangle Stock: CME Group (CME) Long or Short: Long Entry: $70.06 Stop-Loss: $67.43

    |June 7, 2013|0 min read|
  • Lazy Trades Long & Short Trade Setups We are finally seeing some spunk out of this market that has lacked it for the better part of two-plus weeks. That’s saying something as we’ve bounced over 15 points off of the day’s lows this afternoon.  Essentially we have seen the buyers finally show back up and

    |June 6, 2013|1 min read|
  • I’m’ not a big fan of these commodity miners – particularly when it comes to silver miners, because usually it is ultra difficult to find a the right setup that offers an ideal risk/reward opportunity.  I might have to really rethink that one here though, because, we’ve got two mighty tempting setups here – the

    |June 5, 2013|1 min read|
  • Weirdly we are up on the day. It doesn’t feel like that, i think primariy to the churning we saw early on, and the constant reversals. I think the big picture states that the positive that can be taken from the day is that we managed to finish higher and stop the selling as well

    |June 3, 2013|0 min read|
  • A lot of things going right in Apache (APA). Can’t help but really like what I am seeing in this stock here…. Here’s the chart and setup.

    |May 30, 2013|0 min read|
  • I’m really liking these swing trade setups. The problem is whether this market can bounce back and push higher, or whether we are in a longer-term distribution phase of this market that will ultimately send it lower.  I’m not a big fan of making a wild guess, so for now, I’ll simply say that “I

    |May 29, 2013|1 min read|
  • Humana (HUM) with ascending triangle breakout I’ve only added one new trade so far today. A lot of stocks are trading at some heavy extremes intraday, particularly when you are basing it off of Pivot Points. I don’t like to trade stocks when they are above the R3 level intraday, like we see in Amazon.com

    |May 28, 2013|1 min read|
  • I’ve added all three of these stocks to my watch-list today, as I found the price action very inviting.  As with any small cap/low dollar stock there is a lot more risk that is involved in trading them, but with that comes the alluring possibility of out-sized gains that might not otherwise be realized trading

    |May 21, 2013|1 min read|
  • I like this trade setup quite a bit and has served me well so far with  Hornbeck Offshore Services (HOS).  I swapped Diamond Offshore Drillers (DO) for HOS and the net gain between the two has been much better had I just stayed in overextended DO.  The ascending triangle breakout at the highs is often times

    |May 20, 2013|1 min read|