2016 couldn’t be any more crazier than it is right now and you are probably searching for a way to conquer these senseless market. So do yourself a favor, stay in the game and sign up to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time
Despite a strong bounce in the financials yesterday and relative strength that it has exhibited today, it still appears as if the banking stocks are setting up for more to the downside. Take a look at these four banking stocks, and the last one will really blow your mind. Goldman Sachs (GS) JPMorgan (
2016 couldn’t be any more crazier than it is right now and you are probably searching for a way to conquer these senseless market. So do yourself a favor, stay in the game and sign up to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time
Technical Outlook: Key support level at 1872 was tested yesterday and resulted in a major bounce of 46 points in the span of about 1 hour. The majority of the gains taking place in under 25 minutes. Insane price movements every day being created by computer generated trading in a highly volatile market marked
What was that today? One second the market looks like it is rolling over, the next minute we are rallying to new highs on the day, then breakeven, then all of a sudden the market is green! Crazy times we are living in. Â If you are still in the game at this point, good
Technical Outlook: Heavy move to the downside yesterday that saw a near 2% move unfold on SPX. The 5 and 20-day moving averages were crushed yesterday but the 10-day MA held and price saw a slight bounce off of the MA. Above average volume on the sell-off yesterday, and notable increase from what was
2016 couldn’t be any more crazier than it is right now and you are probably searching for a way to conquer these senseless market. So do yourself a favor, stay in the game and sign up to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time
Here’s my take on SalesForce (CRM). Personally there is not way you are going to get me to short this. The stock is constantly the subject of buyout rumors and is not worth it not matter how bearish the chart is. But that doesn’t preclude me from doing a post on this dismal looking chart
Its quickly getting ugly again with the market already posting losses of over 1% and quickly approaching 2%. With an evening star candle pattern forming on SPX and much of Friday’s candle already being lost on SPY, the bears are starting to reload their short positions. I’ve also added a couple myself, and you
Technical Outlook: Whip saw price action yesterday that saw an initial sell-off, followed by the dip buyers coming in and pushing the market higher throughout the afternoon. Overall the volume was extremely light and well below average levels. The doji candle that is shown on SPX marks indecision by the market between buyers and