Once again watch for a close below the 1022 on the S&P today. So far the market did a great job at selling off the strength right from the start. The problem is the bulls just don’t want to go away. I still think there is going to be a push for the market to
Quick update using a four day chart with 15-minute candles - support that has held for a few days now is weakening. Let's watch to see if the S&P manages to close below the 1022 level.
Take the song, “Walk Like An Egyp-tian” and Replace it with “Trade Like An Idi-ot”, and you have a theme song that can serve you well in trading in the stock market. The run that we have seen in the market as of late is no different, and such a phrase is very useful. One
So let’s take a look at two of our three shorts plays we have going right now: (BBT) and (UNH). For both of these plays, the action we got out of the market today was pivotal. So let’s take a look at the BBT first.. BB&T Corporation (BBT):
Yup – that’s right – two days in which 3 of my 4 trades go against me, won’t bode well, if I keep that kind of pattern up long-term. Can’t say that I’m fretting about the long-term prospects, I’ve had some pretty miserable trading days in the past, and always remain confident in my ability
My trade in DIA today is a perfect example by what I mean when I say that timing is crucial. Some would say that trading with the market is key, and that you have to first have a feel for where the market is going, but I would say that they are dead wrong.
I thought it was about time, to give you a quick synopsis on what is going on with Apple’s stock (AAPL). There is a blend of good and bad when describing its current state. First, it failed to make a new high back in late June, when it was trying to run. Instead, it made
I added another $249 to the portfolio, putting me in the green 1% since I launched my live portfolio on July 1st. However, I left another 1R or $250 on the table on this trade. The markets were extremely weak in the early going and there was barely any setups, until I found Amazon (AMZN) and its perfectly formed
Let it Rip Folks! We went live with the SharePlanner Portfolio today – a live account that we show the profits, the losses, where we get in at, and where we get out at – there is nothing to hide! We also take into account our trading commissions and SEC Taxes (not fees – TAXES)
For starters on my swing trades I screen fundamentally sound companies and then concentrate on price support and resistance as the primary technical indicators. After I find something of interest I will apply some other indicators to disprove a theory, or back it up. As a rule of thumb I always wait for a trade