• The Daily Long and Short Setup

    Futures have rallied ever so slightly to place the market in positive territory. However, it appears as if the market plans on staying as close to yesterday’s close as possible. Here are the trade setups for today… LONG: Aflac (AFL)

    By |Published On: August 18, 2010|0 min read|

  • Trade Setup Performance Review

    After a couple of weeks with solid performances on my trade setups, last week’s performance wasn’t all that great. I finished the week with a slight negative difference, the main cause being the nasty sell-off that we got on Wednesday took out a large chunk of my long positions. However, the lone stock to finish

    By |Published On: August 17, 2010|1 min read|

  • The Daily Long and Short Setup

    Futures have seen a bit of additional gusto from the reports this morning, but has since returned to price levels prior to the Housing Starts and the PPI report. Hard call whether this opening gap fades or not.  LONG: Cadence Design Systems (CDNS)

    By |Published On: August 17, 2010|0 min read|

  • The Daily Long and Short Setup

    Futures are still in the negative but somewhat improved after Empire State Manufacturing Survey added the slightest boost, despite reporting below expectations. No clear edge for either the bulls or the bears heading into the open as the market continues to float around aimlessly throughout the morning. LONG: Rovi Corp (ROVI)

    By |Published On: August 16, 2010|0 min read|

  • The Daily Long and Short Setup

    Equity markets are open, and things are relatively flat. CPI and Retail Sales reports gave bulls a little bit of a push to work off the early morning losses. We have the Consumer Sentiment coming out at 9:55am, which should add an additional jolt to the markets as well. LONG: TD Ameritrade Holding (AMTD)

    By |Published On: August 13, 2010|0 min read|

  • The Daily Long and Short Setup

    After the Jobless Claims report we made a new leg down and we are now below that 1080 level I was referring to earlier in the morning trading plan. I’ve got no reason at this point to shed my hedge position, as it is keeping me from some major headaches right now. Oh, and by

    By |Published On: August 12, 2010|1 min read|
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    The Daily Long and Short Setup

    The bears just continue to pile it on, looking at an almost 2% loss just to start the day for the S&P, and threatening the 1100 level as well. As a result, I am going to hold off on issuing a daily long/short play, for today only, due to the extreme gap down the market

    By |Published On: August 11, 2010|0 min read|

  • Trade Setup Performance Review

    This is the new feature that I started last week, that I got some good feedback on, and that was providing you with a track-record of how my daily morning stock picks performed. I will not evaluate the previous 5 trade setups until next week, when it has some time to establish a performance record.

    By |Published On: August 10, 2010|1 min read|

  • The Daily Long and Short Setup

    Market took a nice plunge since the trading plan was posted. As it stands right now, I won’t be fading the gap. I have a feeling, with the Fed statement and all, this is going to be a much more interesting of a day than previously thought. LONG: China Security (CSR)

    By |Published On: August 10, 2010|0 min read|

  • The Daily Long and Short Setup

    Futures continue to hold the line as we inch closer to the open, making for a realistic challenge of the 1130 level on the S&P today. LONG: E-House Holdings (EJ)  

    By |Published On: August 9, 2010|0 min read|