• Here’s today’s Long & Short Setups. I’ll be posting another stock screen this morning or early afternoon, as well as some chart setups at various points throughout the day. LONG: NutriSystem (NTRI)

    By |Published On: July 9, 2010|0 min read|
  • Today’s Trade setups are here – One Long and One Short. Since I posted the trading plan this morning, the market reacted favorably to the jobs report, and could be looking to extend the rally from yesterday a bit further. Fine by me – greater the rally, greater the sell-off. Don’t be surprised if this

    By |Published On: July 8, 2010|1 min read|
  • The market seems prime to bounce, which is a good reason why you don’t see me rushing this morning to sell my long position in QQQQ to regain my short bias. However, things can always change on the spur of the moment, so I must remain on my toes. I’ve got for you the daily

    By |Published On: July 7, 2010|1 min read|
  • As promised, here are today’s trade setups. As you can see the market is in a bit of a rally mode, and could persist for a few days, if not longer. I’m nicely hedged right now against this rally, as I wait for the right opportunity to begin loading up with new short positions –

    By |Published On: July 6, 2010|1 min read|
  • Hey folks – running a little behind this morning trying to get everything up and going. I updated my screening software and am running into some issues in the process. Employment report did a good job erasing the early morning gains, however, that doesn’t preclude us from possibly seeing a bounce out of the markets.

    By |Published On: June 30, 2010|0 min read|
  • It’s setting up to be quite the start for us bears today. as the market is down well over 1% heading into the open after some more global economic worries in Asia suddenly entering back into the minds of investors. There is quite a few reports coming out this morning with the Redbook at 8:55am

    By |Published On: June 29, 2010|1 min read|
  • Unlike last Monday, the market is fairly calm heading towards the open. We have one report coming out at 8:30am ET, and that is the Personal Income and Outlays. Remember that all eyes are going to be focused on the employment number due out on Friday. In case I forgot to mention it on Friday,

    By |Published On: June 28, 2010|1 min read|
  • Alright folks, things were pretty quiet around here yesterday due mainly to me being a bit sidetracked by the selling action we got in the markets, and also by the fact that I am working on building a new trading computer (amazing how much money you can save by building it on your own) that

    By |Published On: June 25, 2010|1 min read|
  • Things are shaping up quite nicely for the bears this morning – don’t blow it!!! We do have some important news events early on that will add further pressures to this market with the Durable Goods Orders as well as the infamous Jobless Claims coming out at 8:30am. Tomorrow all eyes will be on the

    By |Published On: June 24, 2010|1 min read|
  • Heading into the open there is some bearishness persisting – but not much, nonetheless, it is something that doesn’t seem to happen much these days – so I’m thrilled! My short stake is getting a little bit bigger these days with my largest position being in Yahoo (YHOO). As it stands right now, I am

    By |Published On: June 22, 2010|1 min read|