The bulls are off to a hot start, and you are going to need a solid watch-list to help I’ve put together a list of what I think, are the best plays heading into this week. The market is off to a hat start and these are the stocks that you will be wanting to
Again, the dip was bought up right away this morning. There is some resistance with the Fibonacci 61.8% retracement and the underside of resistance in the short-term. However, if these two minor obstacles can be cleared, it should pave the way for a retest of new all-time highs, once again.Â
No one really knows if this sell-off is, indeed, over with. The bulls can make a convincing argument that the worst is behind us, with the convincing bounce, last Friday, off of the 200-day moving average.Â
It has been decades since we have seen a start to a new year this strong. How long a rally of this size and of this proportion can last, is unbeknownst to me! What I do know, is that you have to keep trading it until the trend ends. Until there is a shift in
The bulls are in full control. Until then, shorting the market serves little to no puprose. While I’ll still continue to post these lists of short setups, shorting these stocks or the market as a whole would not be considered the path of least resistance.Â
Yes, I am still compiling my bearish watch-list each and every week, and rarely has there been a day in the past year, where it has come in use. Nonetheless, I remain vigilent in its preparation and once again, I provide it to you in one of the most bullish months of the year .
The bulls are trying to do things a bit differently this week, by actually starting the week off with a rally. The last two weeks have provided some shaky starts to their respective trading weeks, but today, the market is quietly building on its gains from the previous two trading sessions and sits once again
Here's my latest rendition of the weekly long setups. Plenty of solid trade setups out there to explore. I am expecting, the way the charts are going, that if this market holds up, I'll be adding chemical stock. Think FMC Corp (FMC), Huntsman (HUN) and Tronox (TROX). Technology seeing some weakness today, but if this
I had the pleasure of being featured in a StockTwits Q&A yesterday and I really enjoyed every bit of it. Lots of great ideas were shared and I found plenty of good trade setups that I plan on watching in the week ahead. Here’s a look at some of them:
Just another buy-the-dip kind of day in the stock market. Typical Monday with price action sitting just a smidgen above break-even. Â