Bearish Watch List (Not That It Matters)
How much more depressing can these bearish watch lists become? […]
How much more depressing can these bearish watch lists become? […]
S&P 500 is off to a respectable start on the most bullish week of the trading year. Historically, Thanksgiving tends to be a good week for traders. Low volume, but by-and-large, it tends to perform most consistently to the upside than any other trading week of the year. [...]
Give it a few hours, the market will bounce right back up! That’s the mentality of traders these days, and it is brutal from the standpoint of getting any real momentum to the downside. Today, just like we saw on October 25th, and again on November 2nd, 9th and today, [...]
Just another buy-the-dip kind of day in the stock market. Typical Monday with price action sitting just a smidgen above break-even. […]
Sure the stock marke is selling off right now, but I wouldn’t let that compel you into thinking that this market is going to fall into a bigger sell-off at this point. I mean, as of this post, the S&P 500 has only sold off a whooping 2.8 points today! [...]
Another week, another bullish start. The S&P 500 is trying to make this nine straight weeks of trading higher. The small caps are is trying to trade lower for the fourth time in the last six weeks. Pretty amazing how there is a “Tale of Two Tapes”. […]
It really quite amazing, even with the market down as much as 12 points, at one point, it continues to push methodically higher. I’m as skeptical as anyone about this market. It has been a good run, and you can’t help but wonder, “how long can this possibly go on [...]
I’m trying to get creative with my titles here, because there is little one can do with short setups of any kind. Trying to put together a legitimate list of short setups to watch, is not an easy task either. In fact, the people I know that tend to short [...]
If only the bulls could hold the gap up Imagine the possibilities – a gap and run, maybe even a move of more than 1% (Gasp! Did I just say that out loud?) Nonetheless, the bulls seem to hate every gap-up to start the day, and spend much of its [...]
The thing about earnings is that you never know which way it will actually go. You see, earnings, whether The Street responds favorable or not to the report, rarely pays much attention to the technical outlook initially. I’ve seen so many excellent charts, very bullish charts in fact, get completely [...]
This market, as much as it has consistently moved higher by 2 points here, and 3 points there, has managed to put traders and investors alike, to sleep. Traders these days, conveniently turn on their computer and expect the market to be either 1-2 points higher or 1-2 points lower. [...]
Here’s the updated list of short setups I am following. It’s a pretty good list and most of them have fared pretty well of late. […]