• I’ve taken a long position in BUD, but may add 1-2 short positions in the next day or so.  My entry in Anheuser Busch (BUD) at $88.99 happens just as the stock is on the verge of breaking out of some major consolidation of late. The second position, Clean Energy Fuels (CLNE) has failed yet

    By |Published On: January 2, 2013|1 min read|
  • VMC Consolidating at the highs with a bull flag pattern.  Stock: Vulcan Materials (VMC) Long or Short: Long Entry Range: $53.01 – $53.25 Stop-Loss: $51.33

    By |Published On: December 26, 2012|1 min read|
  • WYNN in a holding pattern before breaking out  Stock: Wynn Resorts (WYNN) Long or Short: Long Entry Range: $113.50-113.75 Stop-Loss: 110.40

    By |Published On: December 20, 2012|1 min read|
  • Pre-market update (updated 9am eastern): Europe is trading 0.1% higher. Asian markets traded -0.3% lower.  US futures are flat ahead of the open.  Economic reports due out (all times are eastern): GDP (8:30am), Jobless Claims (8:30am), Corporate Profits (8:30am), Existing Home Sales (10am), Philadelphia Fed Survey (10am), FHFA House Price Index (10am), Leading INdicators (10am), EIA

    By |Published On: December 20, 2012|1 min read|
  • My potential swing-trading setups I’m watching We are about 30 points off of the lows that were established on Friday, so I wouldn’t be overly surprised if we pulled back even if it is just intraday before marching much higher again. It’s also the reason why I have been hesitant to add any new long

    By |Published On: December 18, 2012|1 min read|
  • ADS breaking out of ascending triangle pattern  Stock: Alliance Data Systems (ADS) Long or Short: Long Entry Range: $144.90-145.30 Stop-Loss: 142.16

    By |Published On: December 17, 2012|1 min read|
  • PHG breaking out of ascending triangle pattern  Stock: Koninklijke Philips (PHG) Long or Short: Long Entry Range: $26.24 – 26.50 Stop-Loss: 25.83

    By |Published On: December 14, 2012|1 min read|
  • LULU breaking out of long-term bullish flag pattern.  Stock: Lululemon (LULU) Long or Short: Long Entry Range: $72.75-73.25 Stop-Loss: 70.60

    By |Published On: December 10, 2012|1 min read|
  • SIG trading in bullish channel with a short-term bull-flag in place Stock: Signet Jewelers Limited (SIG) Long or Short: Long Entry Range: $54.00-54.50 Stop-Loss: 53.25

    By |Published On: December 6, 2012|1 min read|
  • Lazy Trades long and short for swing trading I haven’t added any new positions yet today, I was tempted to early on, but once the market ripped 14 points higher on the SPX without even blinking, I knew I’d be better served to wait for a pullback before getting long anything.  I do have

    By |Published On: December 5, 2012|1 min read|