Technical Discussion

One of the members of the SharePlanner Splash Zone asked me to take a look at Alibaba Group (BABA) and it looks quite appealing as a short setup.  Obviously, BABA and pretty much every other stock on this planet has been rallying this week, and so what you look for here, particularly on a day

I use the term “investor” in the title instead of “trader” because if you are down big on GPRO right now, you are not trading the stock, no matter what your initial reason for getting in it was. When you ignore your stop-losses your force yourself to acquire a stock as an investment as a

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 made six trades and today

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 stocks when the market calls

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: The rising trend-line that goes

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 up 1.1% on the month

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 find yourself in, no matter

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 say, that I was a

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 (DATA) get taken out to

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 game at this point, good