S&P has a nice head and shoulders pattern forming to the downside intraday, so we could see this market tank heading into the afternoon. Market needs a pullback – and that is quite the understatement. I like the Uranium Energy (UEC) trade as it has a very nice double-bottom break setup. Now it’s currently trading
So far today, we’re getting a pullback which should come as no surprise to traders. We’ve been up six consecutive days, and that hasn’t happened in years. So the prospect of rising for a seventh straight day becomes a bit of a stretch. I sold out of my Redhat position at $55.85 from 56.19 for
So far today, we’re getting a pullback which should come as no surprise to traders. We’ve been up six consecutive days, and that hasn’t happened in years. So the prospect of rising for a seventh straight day becomes a bit of a stretch. I sold out of my Redhat position at $55.85 from 56.19 for
The market has been about as boring as watching grass grow in a desert. However, this range bound market heading into the final hour of this week, looks like it could make a run to finish green for the 6th consecutive day – but it’s only pure speculation at this point. But the chart is
The thing about stocks like OSUR that has a well defined downward trend-line close to your entry, is that it offers a legit trailing stop-loss that you can use, in that each day, the stop gets tighter and tighter, and the trade in Orasure Technologies (OSUR) gives you the ability to keep risk tight
One of the major perks of the new SharePlanner Pro trading platform is with the seamless ability to share trading ideas amongst other traders. Today’s long setup comes from theTradingWife as she posted a very appealing chart setup to the long side for Redhat (RHT). On the short-side you have Bank of America (BAC)
With our new Trading Platform now in preview mode (it’s free and you should try it out), I thought I’d share with everyone my watch-lists that you have access to on the platform, which also includes my current holdings too. On the platform its real-time, here you get a current snap-shot of what it looks
I’m impressed the market hasn’t sold off today, and is still fighting for positive gains on the day, which would be the first time since last week that’s happened. Below I’ve posted the Long & Short Lazy Trades for today. If this market can put in a legitimate bounce, HES sets up for a nice
Only one new trade for me today, and it happens to be in the stock being featured in today’s Lazy Trade Long.. Nonetheless, the market looks like it is in a state of perpetual selling, which isn’t at all that uncommon when we gap up, and follow it with an immediate sell-off. We are also
First-off, I just want to express my condolences to the families affected by last nights shooting in Aurora, Colorado. My prayers are with you all, and still, even in the midst of tragedy, never forget that the unseen hand of God is still at work. As you all know by now, the market is selling