The kind of trading week you saw last week is pretty much as wild as it gets in the stock market. Sell-offs that take you to the brink of a market crash followed by a market rally that gives you the impression that, at the very least, a market bottom [...]

The current price action today is being somewhat hampered by the price action on the 30 minute chart. You have the prices falling some off of the highs of the day, though oil still remains up a whooping 4.6% on the day.  On the 30 minute chart you’ll see that [...]

I’m in a situation that five hours ago, didn’t seem like a strong possibility and that is being 100% cash.  The futures were looking great, and even 30 minutes into the trading session, the selling really hadn’t picked up that much steam, but as we continue to see, the market [...]

One reader asked me to give a looksie to the Tesla (TSLA) chart to see what I could find and whether there is an edge there to trade.  Finding that edge was difficult at first as TSLA’s stock price is all over the place on the daily. But when I [...]

VIX is continuing to trade in an ever-so-slightly narrowing triangle-like pattern. While we are having violent trading sessions that sees the VIX pop in excess of 10% on a regular basis, the band on the daily chart in which it is trading in continues to get smaller.  That doesn’t mean [...]

2015 was gone at the strike of midnight and with its farewell comes 2016. For almost every trader out there, that is great news. It is the hope of all traders that the potential for profitability in 2016 is much more attainable. In this past year stocks were down, bonds [...]

One of the traders in the SharePlanner Splash Zone was asking me about Amazon.com (AMZN)’s chart, and while without looking at it I remembered it had been stuck in consolidation since its earnings, (yeah, I have a huge swath of chart patterns, unintentionally memorized in my head, where more important [...]

If Santa is truly going to visit this market before the end of the year, it is these kinds of plays like the one in Adobe (ADBE) below that I think will be at the forefront of winning plays for this market.  Even though this market has found every reason [...]

Solar City (SCTY) has been the darling of the market over the past month for those who were fortunate enough to ride its meteoric rise from $25 to over $55.  With that rise, the stock has failed to rise above the recent highs of the past three days. Instead it [...]

Going forward, my preferred auto-trader will be eOption. They are fully capable of auto-trading my swing trades through the SharePlanner Splash Zone as well as the SharePlanner Investment System. Now there are plenty of auto traders out there, and I already have my trades being auto traded through Global Auto-Trading [...]

It really amazes me that JCPenney (JCP) is even still around these days.  The fact that it has survived this long, has run commercials apologizing to its customers, and continues to spiral downward in its stock price is utterly amazing. This latest leg down in the stock is pretty much [...]

Oil has found its share of traders trying to find what we all know will one day be an epic bounce in one of the greatest sell-offs in a commodity yet this century.  Oil, and USO in particular has recently finished a most impressive head and shoulders pattern. In fact [...]