• I hate to bombard you all with an obscene amount of charts – but I have no choice but to do so. I plan on sitting out the first 30 minutes at least of trading, as I have plenty of positions to work with, and don’t want to add more if this market doesn’t have the

    By |Published On: January 6, 2011|0 min read|
  • Finally jumped in on a trade today – Dean Foods (DF) is a stock that I have been watching for well over a week now. I has shown a lot of support at its current price level, and seems to have some pressure mounting for an upside breakout. And when it does, there is a

    By |Published On: January 5, 2011|0 min read|
  • …Yet I am long at $135.44 after it tested the 50-day moving average and the current trend-line. The risk is minimal at this point – a break below $132.80 and you’ll want to bail out. But I think, especially with the panic we are seeing in it right  now, that it has probably seen the

    By |Published On: January 4, 2011|0 min read|
  • I’m watching a lot of stocks this morning for potential setups, but the market weakness at the bell is making me stand on the sidelines for right now. However, I wanted to provide you with 9 stocks that are on the verge of breaking out, and should the market regain its footing here, they should

    By |Published On: January 4, 2011|0 min read|
  • I’ve added Goldman Sachs (GS) at $171.62 and Blue Coat Systems (BCSI) at $30.65. I’ve got about 8 positions in total, but I will use this afternoon to look at taking some gains off the table and even possibly closing out positions all together – with the top two of which being OI, and

    By |Published On: January 3, 2011|1 min read|
  • The market is doing a good job of rallying off of its lows, which is something that we have consistently seen over the last two weeks. Below are six stocks that I believe you need to be playing close attention to. I’ll also be posting my full watch list later on today.  Here are

    By |Published On: December 31, 2010|0 min read|
  • After finally seeing some signs of life from this market, I decided to go long on NVDA at $15.28. My stop is pretty tight, at $14.78. The setup is no doubt appealing and one worth jumping on with the cup and handle in play and could easily see a move into the $16’s in

    By |Published On: December 31, 2010|0 min read|
  • My one and only trade so far today. I did get stopped out of SCSS for a 3.9% loss, which looking back on it, I think was avoidable, and may be video worthy for me everyone to learn from going forward. In any case, below you have my chart mark-ups on Peabody Energy (BTU).  My

    By |Published On: December 30, 2010|0 min read|
  • It initially broke out and I was late to the party. I fought the urge to chase, and I did a good job at that. Instead I waited for SCSS to come back down to the breakout level of $9.38, which it ultimately did. But my, hindsight 20/20 is a killer, and there was definitely

    By |Published On: December 29, 2010|1 min read|
  • Long APOL this morning at $39.14 with a stop-loss at $37.66. Huge gap to fill, and it is now finally to breach into that huge vacuum that saw its price sell-off 20% overnight. This is one of the more promising setups that I have see of late.  Here is my chart analysis on APOL.

    By |Published On: December 29, 2010|0 min read|