You have two conflicting patterns, and really they are both playing off of each other. But one is bound to win over the other and that is likely to happen today.  On one hand you have a very strong declining trend line off of the September highs back on 9/1. [...]

Over the past three trading sessions, I traded UPRO on three separate occasions. After taking losses on the first two trades, most traders would have understood if I didn't try trading UPRO again.  But I did.  I took small losses on the first two trades by keeping my stops on [...]

Another month is in the books. The S&P 500 finished 1.05 points higher or better put, the S&P 500 finished 0.05% higher on the month. I on the other hand managed, in this choppy trading environment, to add an additional 1.1% to the portfolio for the year.  Here are all [...]

Under Armour (UA) is taking a hit today, but it could be nearing some short term support here that could very well lead to a bounce in the near future.  Here’s my analysis on the chart as of today: […]

The key to this market is to be aggressive with booking the profits to the short side. I have found that since the market bottomed out in 2009, the best approach to booking profits when short is to aim for profits of four to seven percent on each trade. When [...]

Here’s my updated chart on Apple ($AAPL) and what to watch out for going forward, the patterns, and price support levels you need to be cognizant of. As for the legitimacy of the Credit Suisse report, I think it is complete garbage. As a person who spent some time in [...]

Not your typical way of posting charts these days, but with technology and to use these digital pens, it makes it far more easier to point out more of the nuances of a chart than ever before... so here you go.... Apple $AAPL: Microsoft $MSFT: Alphabet (Google) $GOOGL: Netflix $NFLX: [...]

And I didn’t even have to short a single stock in order to do it! While 2 out of every 3 stocks were dropping in the stock market today, all five of my trades that I’ve made so far this month were trading higher. You can’t beat that! Despite 3 [...]

Chipotle (CMG) at one time was the stock that everyone lost at when you tried to short it.  Well, that couldn’t be further from the truth now. From bad earnings to e-coli in their burritos, things keep getting worse and worse for the company and subsequently its stock.  At this [...]

Valeant Pharmaceuticals (VRX) has been the talk of the town when it comes to biotechs these days. Heck, it is the talk of all things related to the stock market. Bill Ackman is considering selling his huge stake in this stock, and has brought a lot of pain to his [...]

Well, back on October 27th, I thought it would be genius to add a short position in Best Buy (BBY). And at the time it looked like a good idea as a hedge against my multiple long positions in the portfolio. SPX was in the middle of a two day [...]

The Market was down big in September The market was up big in October ...BUT I was up big in both September and October! I'm in the business of managing risk and maximizing profits. If I have a position that isn't profitable, I'm not going to keep it around so [...]