Trade Setups

Healthsouth (HLS) breaking through long-term resistance Stock: Healthsouth Corp (HLS) Long or Short: Long Entry: 25.00 Stop-Loss: $24.10

Cautious with the short-setups I’m reluctant to add any new short positions to the portfolio particularly because the dip-buyers continue to prop the market  up. Any kind of weakness no matter how big or how small consistently triggers the buying machines and curbs any losses that might have been had otherwise.  As a result, I

Alexion Pharmaceuticals (ALXN) Testing Head & Shoulders resistance Stock: Alexion Pharmaceuticals (ALXN) Long or Short: Short Entry: $91.65 Stop-Loss: $93.55

Pre-market update (updated 9am eastern): European markets are brading 0.9% higher. Asian markets traded 1.4% higher.  US futures are trading moderately higher ahead of the opening bell.  Economic reports due out (all times are eastern): Employment Situation (8:30am), Wholesale Trade (10am) Technical Outlook (SPX): SPX managed to finish higher for the 7th time in the

iShares Silver (SLV) bounce off of down channel Stock: iShares Silver ETF (SLV) Long or Short: Long Entry: 27.97 Stop-Loss: 27.34

Carrizo Oil & Gas (CRZO) breaking out of long-term base Stock: Carrizo Oil & Gas (CRZO) Long or Short: Long Entry: 23.18 Stop-Loss: 22.32

Las Vegas Sands (LVS) doesn’t look so lucky Stock: Las Vegas Sands (LVS) Long or Short: Short Entry: 51.63 Stop-Loss: 53.23

Swing-Trade setups give us options for whatever direction this market ultimately takes.  We’ve basically been trading within a 4-5 point range so far on the SPX. There isn’t much more tolerance on my end before I’ll have to flip the switch and get more long if this market insists on pushing higher on the day. 

Reversal Indicator points south but the market refuses to reflect the bias.  The Fed has really goofed this market up for the past four years, and since it bottomed out in March of 2009, the stock market has been kept propped up by the Fed’s manipulative tactics of pouring trillions into interest baring assets that

Cemex (CX) breaks through key support levels Stock: Cemex (CX) Long or Short: Short Entry: 10.20 Stop-Loss: 10.56