• Bullish Trade Setups For the Non-Stop Rally

    Even with a huge rally on Friday, the bulls aren’t done just yet.  This was seen quite clearly on the SharePlanner Reversal Indicator reading as well, showing the market still had plenty of upside left in it.

    By |Published On: December 18, 2017|1 min read|

  • Some Bearish Divergences Could Provide Some Shorting Opportunities

    If you glance at the indices, you wouldn’t realize the market is actually fairing poorly today.  Breadth is actually negative VIX is trading 3.5% higher The percentage of stocks trading above their 40-day moving average is declining.  Technology is trading lower Small Caps are in the red

    By |Published On: December 12, 2017|1 min read|

  • Bulls Off to a Respectable Start

    The bulls are trying to do things a bit differently this week, by actually starting the week off with a rally.  The last two weeks have provided some shaky starts to their respective trading weeks, but today, the market is quietly building on its gains from the previous two trading sessions and sits once again

    By |Published On: December 11, 2017|1 min read|

  • Bear Trying To Become Relevant Again

    The last few days have not been the best of days for the market.  Volatility is perking its head up some, and the technology sector, which has been the market leader for all of 2017, has shown signs of profit taking over the past week. 

    By |Published On: December 5, 2017|1 min read|

  • Bullish Trade Setups Should This Rally Continue

    Bullish trade setups to start December Friday stunk with ABC's erroneous news report that dropped the Dow nearly 400 points in just a few minutes, and then today you had the huge gap higher, which gave everyone warm and fuzzy feelings all around, only to see the market sell off the hype and in particular

    By |Published On: December 4, 2017|1 min read|

  • Short Setups I Am Watching

    The key word is "watching", because I haven't pulled the trigger on any of them.  And with the market rallying hard today, what incentive is there to trade any of them at this moment?  Instead, as has been the case for nearly all of 2017, I will continue to watch these setups, and only short

    By |Published On: November 28, 2017|0 min read|

  • Long Setups For A New Week of Trading

    Here's my latest rendition of the weekly long setups.  Plenty of solid trade setups out there to explore. I am expecting, the way the charts are going, that if this market holds up, I'll be adding chemical stock.  Think FMC Corp (FMC), Huntsman (HUN) and Tronox (TROX). Technology seeing some weakness today, but if this

    By |Published On: November 27, 2017|0 min read|

  • Bearish Watch List (Not That It Matters)

    How much more depressing can these bearish watch lists become?

    By |Published On: November 21, 2017|1 min read|

  • Bullish Watch List for the Most Bullish of Weeks

    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.

    By |Published On: November 20, 2017|0 min read|

  • The Bears Keep Trying + The Bears Keep Failing

    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, we have the intraday sell-off

    By |Published On: November 14, 2017|1 min read|