Watch-Lists

There’s been no real use for the bearish watch-list over the past week or so as the market continues to rip higher at ferocious pace. No one is looking to short, only to cover. So keep this watch-list in case of emergency should the market decide to get bearish again in the near future. 

Here’s this week’s bearish watch-list. And there are plenty. I probably could have put up over 70-80 of them, but I figured that wouldn’t do you much good, so I narrowed it down to those that I like best (in no particular order).  As always I will highlight the best of the best as

I held off publishing the bullish watch-list yesterday because while the market was dropping I didn’t want to entice my readers to start dropping a load on new long positions. Yesterday was not the day to be doing that.  However we have a possible bounce on our hands today, and I say possible, because

Last 20 trading sessions and only a 27 point trading range. That’s what the market has given us of late and it isn’t much by any standards. Nonetheless trading opportunities exist and if the market breaks down through the range, this trading list will come in very handy. So keep it nearby and be ready

As is customary on the first trading day of the week, I release all of my long setups that I will be watching for the week ahead.  That doesn’t mean I won’t add or subtract from the list, but right there is about 80% of the stocks that I will be watch the closest. Tomorrow

The market is responding today in the best way possible for the bulls. The bears are letting a golden opportunity today to drive the stake into the bulls ambitions for new highs on the S&P 500. Instead they are just whittling away the opportunity.  In the case though that the bears can pull it back together, which

For the third straight week, the S&P 500 has opened up a week in the negative. The difficult aspect of this market is that there is no clear direction in this market.  Sure, the bulls still have the edge, but what are they doing with that edge? Nothing. The bears – they are a lost

For those new to the site, each week I publish my complete bullish and bearish watch-list for the week. At night take individual trade setups, mostly from those two watch-lists and dissect the trades in detail to show you how you can play it.  Below is the bullish watch-list for the week and you’ll find not

Pre-market update: Asian markets traded 0.4% higher. European markets are trading 0.1% higher.  US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman  Store Sales (7:45), Redbook (8:55), S&P Case-Shiller HPI (9), Chicago PMI (9:45), Consumer Confidence (10), State Street Investor (10)  Technical Outlook (SPX): Nice

Here’s the bearish watch-list for the remainder of the week.  It is smaller than usual, primarily because the market is smoking right now having ripped 65 points on the SPX in just one week. So the setups aren’t as plentiful as usual.  And, I’d like to wish everyone a Merry Christmas as well.