Current Long Positions (stop-losses in parentheses): QID (10.49), GLD (128.65), SDS (22.29) Current Short Positions (stop-losses in parentheses): PII (75.36), T (28.74) BIAS: 21% Short (counting QID and SDS as shorts) Economic Reports Due Out (Times are EST): None My Observations and What to Expect: Futures are flat to slightly [...]
This week’s guest post comes from Adam Beaty over at TheBullogic.com (definitely worth book-marking). This week, as he has done in week’s past, we have his weekly forecast which I find very helpful in getting the trading energies flowing after a nice long weekend. You can also follow Adam on [...]
One of the best signals I can think of, pertaining on when you should start shorting the market, was given to us yesterday. The crossover in the graph below is a good indicator for further downside in the days and weeks ahead. For those of you who are not familiar [...]
Here are Monday’s Daily Long and Short Setups… LONG: Schlumberger (SLB) […]
This is by far, one of my favorite stock screens that I run. I have probably found more winning stocks (and big % ones at that) off of this screen, than any other one that I run. These stocks make it a habit to trade on their own merits and not [...]
Recently I was sent a video tape of a secret video tape of a meeting that took place between a major “bull” player on Wall-Street and one of more notorious bears of our age. I’ve included the video for you below, with a few of my antidotes. At first, I [...]
LONG: ProShares UltraShort S&P 500 (SDS) Two new trades to report this morning. If you saw my last post, you’ll notice that I mentioned some resistance overhead that the S&P could be running into. So far, that is exactly what has happened. As a result, I put my capital to [...]
Current Long Positions (stop-losses in parentheses): QID (10.49) Current Short Positions (stop-losses in parentheses): GLD (136.40), PII (75.36), T (28.74) BIAS: 24% Short (counting QID as a short) Economic Reports Due Out (Times are EST): None My Observations and What to Expect: Futures are up moderately heading into the open. [...]
So it wasn’t the bounce the bulls were hoping for, and it wasn’t the downward follow through the bears were anticipating! So there is a lot of mixed signals that we got from the S&P today. For starters, we bounced nicely off the 200-day moving average, but we also closed [...]
In markets where an unusual amount of selling pressure starts to creep in, it is hard not to find setups that aren’t crumbling to the downward momentum that is prevalent across the board. However, there are four stocks, that are holding up to the selling pressures quite well over the [...]
I’m not willing to say that the lights have been turned out on the bull’s rally parade of late, but I do think they are looking at some major problems here, that they need to soon correct, before the bears are finally resuscitated back to life. In my short positions [...]
