Fortunes were won and lost this week, but more were probably lost.  But in the SharePlanner Splash Zone, that couldn't be further from the truth. Instead the trades made this week, continued the theme of last week and that was "Profitability".  It was a quiet week of trading, I only [...]

This is why I am not a huge fan of holding my short positions for extended periods of time. Ideally, I like holding a short 2-3 days. Once I get profits in the 4-7% profits, that is where I start getting itchy to cover my position.  While I embrace shorting [...]

The Walt Disney Company (DIS) reported earnings yesterday and reaction hasn’t been great despite posting descent numbers.  On the chart there are two technical developments: one good and one bad. Which way it decides to go is anyone’s guess. But I’ll lay out the two scenarios for you.  The Good: [...]

Here is an update on my trading performance so far in the month of February.  As a reminder, the S&P 500 is down 4.5% so far this month, and the Nasdaq is down a whopping 7.5% – and we are only seven trading sessions in.  As for me I am [...]

As traders we tend to be only as happy as our last trade. We also are told not to wear our emotions on our sleeves which creates a scenario when things start to get back in one’s trading, a total meltdown unfolds.  This is not the situation you want to [...]

It was a horrid week for the markets but a good one for members of the SharePlanner Splash Zone.  Check out how the current portfolio for members is shaping up. While the S&P 500 was down over -3% for the week, my trades were profitable.  I’ll be the first to [...]

Folks – do not by these dips! I REPEAT…. DO. NOT. BUY. THESE. DIPS!!! Earnings season has a reputation for being generous to some and absolutely brutal towards others, but it has been a long, long time since I saw two house hold names like Linkedin (LNKD) and Tableau Software [...]

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.   If you are still in the [...]

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 [...]

Facebook (FB) has had quite the day! Currently up almost 17%, the stock continues to make a push towards new all-time highs, and there is a strong chance that by the end of the day it will have achieved that. The frustrations for traders who put a premium on managing [...]

This weekly chart shows you all you need to know about what Apple (AAPL) must do going forward. Break below this month’s lows, and it could see that move that takes us well into the $80’s.  You also have a massive head and shoulders pattern on the weekly chart that [...]

Earnings were good today for America’s most hated fast food chain, McDonalds (MCD). Personally, I think Burger King and Taco Bell are a hundred times worse and causes an automatic gag reaction just driving by one of them.  Nonetheless, MCD seems to found a gem in 24 hour breakfast menus [...]