Ryan Mallory

Market is up strong so far today, though the entire day can be captured really in the first 15 minutes of trading.  It will be interesting to see what happens when traders get back from the lunch hour and whether they try to pop this market up into the close.  Ideally, I want to see

Technical Outlook: SPX pulled back on Friday for a second consecutive day, albeit barely.  Most impressive was the pullback to the 5-day moving average on SPX and SPY and the immediate bounce thereafter.  Volume was incredibly light on Friday, though higher than what we saw on Thursday, it was still below average readings.  SPX

It has been a great month so far in The Splash Zone, despite the market craziness! Bring some stability to your own portfolio by signing up for a Free 7-Day Trial to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time text and email alerts (international

I see so many self-proclaimed trading philosophers on Twitter constantly spouting off fancy trading quotes and cliches. Here’s one I saw on Twitter this week, and it just about made me vomit:  “What separates successful technicians from not so successful? No matter the chart style, it comes down to the analysis of price action.” Sounds

This downtrend in oil is really amazing.  It also goes to show just how deep the sell-off has been, where we have seen in the past week rallies of 12% and 8% among other days to the upside, and still, USO hasn’t put together enough momentum to push through the downtrend.  To say the least,

Technical Outlook: SPX saw its first decline in a week, pulling back 0.5%.  The pullback was extremely weak in terms of momentum and willingness to want to move lower, which made me skeptical about whether there was a true desire by the market to make a much larger pullback.  The negative breadth in the

The Splash Zone is off to a strong start for trading in February despite the market craziness! Bring some stability to your own portfolio by signing up for a Free 7-Day Trial to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time text and email alerts

Forget about the news, forget about the WMT earnings, forget about the market’s epic rally here.  Just take a moment to look at this beautiful technical bounce out of Walmart (WMT) today. 

One of the members of the SharePlanner Splash Zone asked me to take a look at Alibaba Group (BABA) and it looks quite appealing as a short setup.  Obviously, BABA and pretty much every other stock on this planet has been rallying this week, and so what you look for here, particularly on a day

Technical Outlook: Third straight significant rally on SPX yesterday, and the first time since October 2011 that it has rallied over one percent on three consecutive days.  Pre-market the futures are up yet again, and could test key resistance at 1947 which, if broken, will create a higher-high for the market for the first