• At this juncture, with the S&P 500 butting up against heavy resistance at 1873, whether we go higher from here or reverse course like last time we tested this level, is anyone’s guess.  I’m going to let the market confirm which direction I should be bias towards. If we break 1873, then it will obviously

    By |Published On: April 21, 2014|1 min read|
  • Yesterday’s bounce is gone, and the indices are looking like they are ready for another leg down.  Which makes the list of trade setups in this post a must for you to review. There are plenty of solid plays here, and if the S&P 500 can break 1814 (Friday’s lows) there is a good chance

    By |Published On: April 15, 2014|1 min read|
  • The market is bouncing after a rather hideous sell-off last week. I’ve seen plenty of bounces like the one we are getting here today over the past two months, only for them to get squashed within a couple of days and trading lower than it was prior to the bounce.  So you have to be

    By |Published On: April 14, 2014|1 min read|
  • There seems to be no shortage of bearish trade setups out there. In fact, I have had to be extremely “choosy” with which ones are included on the list.  A few of them have already started to breakdown. What I am looking for out of those setups are bounces back to the broken support levels

    By |Published On: April 8, 2014|1 min read|
  • Obviously the market is in free fall over the past two days…literally. There has been zero bounce as of yet, though it will come. It is just a matter of when and how much. And don’t think that just because the market is bouncing that somehow everything is fine and dandy again. Wait for the

    By |Published On: April 7, 2014|1 min read|
  • Here’s tonight’s watch-list: You can join me in my trading room tomorrow with a Free 7-Day trial by clicking here. Long Best Buy (BBY)

    By |Published On: April 3, 2014|0 min read|
  • Here’s tonight’s watch-list for tomorrow.  Long Apple (AAPL)

    By |Published On: April 2, 2014|0 min read|
  • SharePlanner Reversal Indicator is showing some strength to the long side on the daily chart as the technicals suggest that there is further upside to this market. With the S&P 500 hitting new all time highs and breaking out of some heavy consolidation from the past month, there is a strong likelihood that this market can continue

    By |Published On: April 2, 2014|1 min read|
  • It was a solid start to the month of April as I had three stocks carry over (all three long & profitable) from the month of March and then I added three more long positions today as the market is showing a willingness to continue moving higher in the coming days.  Be sure to give

    By |Published On: April 1, 2014|1 min read|
  • Here’s tonight’s watch-list: Long Axiall Corp (AXLL)

    By |Published On: March 31, 2014|0 min read|