Trading

Technical Outlook: Extremely dull price action has a grip on the market right now. That should change tomorrow when the Fed’s FOMC Statement comes out.  For the better part of two weeks the major indices have traded sideways.  SPX had a real chance for a breakdown yesterday and instead, it rallied  hard into the close,

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Technical Outlook: SPX managed to climb higher on Friday, on little to no volume.  SPY volume came in less than the day prior, and continues to hover at its weakest levels of the year.  Last week marked the lowest SPY volume of the year.  Tons of earnings reports this week and next. This week will

Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription, you will get each and every trade that I make with real-time text and email alerts (international too) as well as access to my

Technical Outlook: Dow Jones Industrial snapped a 9-day winning streak. Last two times that has happened, it made it to 10-days. Not so yesterday.  SPX finished lower as well yesterday and below the 5-day moving average (by one point).  Again though, the rampers showed up at 3:30pm to push the market off of the lows. 

It’s July, it’s hot, and so is this market! Get your portfolio right and start consistently profiting in this crazy and volatile market. Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription, you

I was stopped out of Disney (DIS) – other than that, I had a really good day of trading yesterday. And it came from some random bank that honestly, I know nothing about.  But that has been the difficulty with trading DIS of late – and I’ve traded it about six times this year, and only two

Technical Outlook: SPX pulled out of its 3-4 day holding pattern and broke out to new all-time highs yesterday.  5-day moving average continues to hold strong. Look for a break and close below the 5-day for signs of short-term weakness.  Slight increase in volume yesterday, but still way below recent averages.  The trade to the

It’s July, it’s hot, and so is this market! Get your portfolio right and start consistently profiting in this crazy and volatile market. Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription, you

I like the trade setup in Tesla (TSLA) here. I think it provides a clear reward/risk parameter, and if earnings were not on August 3rd, a clear path to $270/share.  With earnings you never know how things are going to turn out, which is why I don’t hold stocks through those events. It is simply