Current Long Positions (stop-losses in parentheses): CPWR (10.90), TICC (11.90), NFLX (199.75), PFE (18.89), PGH (12.65), SCO (43.99) Current Short Positions (stop-losses in parentheses): None BIAS: 45% Long Economic Reports Due Out (Times are EST): Monster Employment Index (6am), Jobless Claims (8:30am), Productivity and Costs (8:30am), ISM Non-Manufacturing Index (10am), EIA [...]
A good response so far by the bulls today to the sell-off that we saw yesterday. What is somewhat disturbing is the fact that oil is still spiking. We’ll see what kind of effect that has on the market as the day wears on. Below are 9 Breakout Plays to [...]
spc 3325355 Date and Time: Â Â Â Â 3/2/2011 8:16:21 AM Machine Name: Â Â Â Â Â SHAREPLANNER IP Address: Â Â Â Â Â Â 192.168.2.3 Current User: Â Â Â Â Â SharePlanner\Ryan Operating System: Â Â Â Windows Vista IE Version: Â Â Â Â Â Â 8.0.7600.16385 Application Domain: [...]
Another rough day for the bulls today, breaking through the key support levels they spent the last three fighting to reclaim. Right now I am watching whether or not the market drops below last week’s lows, if that occurs, you have a confirmed downtrend in place with a lower-high and [...]
I jumped in NFLX this morning at $203.94, but not surprisingly am a tad-bit underwater with the recent downturn we saw shortly thereafter in the broader markets. However, the 50-day moving average so far has held its own and if it this market can manage even a slight turnaround, we [...]
Only one trade so far, and I took it in Pfizer (PFE). But I am looking at a few others that are very intriguing – Netflix (NFLX) is one of them, with it currently testing the 50-day moving average, it could see a sizable bounce. Here’s the chart analysis and [...]
Current Long Positions (stop-losses in parentheses): CPWR (10.90), IO (11.40), PLD (15.73), YSI (9.78) Current Short Positions (stop-losses in parentheses): None BIAS: 25% Long Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), ISM Manufacturing Index (10am), Construction Spending (10am), Bernanke Speaks (10am) My Observations and [...]
Busy day of new swing trades. I’ve got four positions working for me, the last two of which were added this afternoon, and that puts me at about 30% of committed capital. With tomorrow being the beginning of the new month, we’ll see if the market can continue to work [...]
The market has given back a lot of those early gains, and now poses a strong possibility of even going red on the day. Remember though too, that tomorrow is the first trading day of the month, and 5 out of the last 6 of those, have seen some pretty [...]
Market is off to a nice start, but not showing nearly as much gusto as we saw on Friday. I’ve added two new positions to the portfolio, but I’m not so sure I’ll be adding any additional positions until this market can make some new highs on the day. I’m [...]
Current Long Positions (stop-losses in parentheses): BGCP (8.69), NFLX (205.35), SRZ (8.73), TSL (28.55) Current Short Positions (stop-losses in parentheses): None BIAS: 100% Cash Economic Reports Due Out (Times are EST): Personal Income and Outlays (8:30am), Chicago PMI (9:45am), Pending  Home Sales Index (10am), Farm Prices (3pm) My Observations and [...]
The Reversal Indicator below has been getting thrown around the past couple of weeks by the market’s crazy machinations. Simply put, there is a lot of uncertainty in this market, and it is being reflected as such in the indicator below after reversing mid-stream to the upside just before the [...]
