Trade Setups

A rather quiet day in the stock market turned chaotic after Carl Icahn started talking in apocalyptic terms during an interview on TV. While I wouldn’t be surprised by this market if we popped back up tomorrow and recovered  Monday’s losses, I nonetheless had to take notice of the market action at hand.  Also the

Here’s tonight’s trade setups for tomorrow’s market.  Remember I’ll be publishing my entire bullish watch-list tomorrow, followed by the complete bearish watch-list Tuesday. So check back for that.  It’s hard to lean anyway but bullish until we can see some support levels violated and right now that isn’t in the cards. When it will

I always like to emphasize the short setups for Fridays, as I tend to focus more on the long setups throughtout the week (unless we are in a bearish market of course).  The price action seems eerily similar to what we saw on 8/1 and 8/2 and if that is the case, and the price

Watch for another breakout in Chipotle (CMG) – this time in the form of an ascending triangle. The stock looks solid enough for an upward move into the $560’s to $570’s I like the stop-loss placement as well on this trade, as you can easily place it just below the short-term uptrend that helps form the

It was the big day that seemed inevitable with the relentless dip-buying taking place leading up to today. So it’s no surprise the SPX gapped down like it did, to form a huge bullish engulfing candle pattern by day’s end.  As a result, I’ve loaded up the portfolio with some new long positions,

Here’s tonight’s watch-list. I did a post earlier this evening detailing the positive gains we are taking in the Splash Zone, so be sure to check it out  here.  Now on to the nightly watch-list:  Long Titan International (TWI):

With today being a federal holiday for Veteran’s Day, the action in the markets were slow as ever. For most of the day, the SPX traded within a 1-point range. So finding the opportunities for the day-trading was  quite a challenge, but at the end of the day Oscar managed to add another $207

A fresh week ahead. Who knows what it holds, though there’s a good chance that as long as the Fed has its say in things, it will be to the upside.  By the way if you missed out on the post I did yesterday detailing the gains last week day-trading in the Splash Zone, then click

I’ll be brief with my words tonight and simplyi let the charts do the talking. Its been a while since we had an all-short Friday watch-list and with the sell-off we had yesterday, it probably can’t hurt to stuff our pockets with some opportunities if the SPX manages to break below 1740 today. 

Here’s the video I put together for today on trading all the highly followed social media stocks such as Twitter (TWTR), Facebook (FB), Groupon (GRPN) and LinkedIN (LNKD). As well as analysis in my TSLA trades and a broad market analysis too.  Here’s the video: