Trade Setups

The market pulled back nicely last week… it pulled back orderly, and after seeing the three day pullback there is little concern at this point for the bulls.  Sure the selling could pick up, but as it stands right now, this market looks like a light volume pullback that the bulls are going to buy

I’m actually net short on this market – that is 10% short, 90% cash.  I honestly see the reward being to the downside, while the market to the upside has hardly no reward until the market does in fact pullback.  Basically the market is stuck in a conundrum. Bulls want this market to go higher,

Yeah, don’t expect the rally to keep going… but it sure does feel like it right now.  You can buy some of the long setups below, but don’t you think you’d be better off waiting for the market to pullback a few points first?  Once that happens, even the setups below, become even more attractive

Yeah, I know, the bulls, even with today’s weakness, still have a firm hold on this market.  But there are some conditions underneath the surface that suggests conditions are weakening a bit. Look no further than the small caps which has led this market higher all along. Today they are hitting new low after new

Here’s a compilation of stocks that I am following this week. There’s a huge chunk of them. But there is also an extremely overbought market that will likely stifle any additional major moves to the upside until these conditions are worked off some.  So, like last week, I still want to see these conditions get

The market is down today but for how long?  To say this is another top in the market and now there is going to be a retest or break of the February lows is insanely premature. Heck, no one can even say for certain that this market is going to even be willing to close

I’m not against buying stocks still but at this point, the price action needs to be reigned in a bit.  I’m not looking for price action to go back down to the February lows, not now at least, it may later, but that isn’t for the here or now to really consider.  What I am

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