Risk On Attitude has Created a No-Fear Market Trading Atmosphere Intraday sell-offs aren’t even being taken serious by traders any more. Before the market can drop five points on SPX, mentions of BTFD and “Buy the ‘you-know-what’ dip” begins to permeate throughout financial social media. You want to know why [...]
The bulls are trying to make a solid rally of it today. With a move back over 2400 in the wake of more saber-rattling out of North Korea and one of the biggest cyber attacks ever, the market, nonetheless is holding its own and looking at a move yet again [...]
Bearish Trade setups – to watch, for now. The bears, or what’s left of them, are really struggling to make sense of this market. I do too, at times, but that doesn’t mean I go shorting it. There will be a time for that, and when that time is, nobody [...]
The bulls just can’t seem to string together two strong solid days together. It tends to go like this: Rally, complancency for the next 5-10 days, rinse and repeat. Today is that kind of day. Yes, Apple (AAPL) is going gangbusters and essentially the only reason why this market hasn’t [...]
I’ve added one new position from the list of trade setups below. But I haven’t added anything else to the portfolio. Right now I am wanting to see whether the market can push out of the consolidation from the past four days and towards new all-time highs. As it stands [...]
All my bullish swing trading setups to follow this week Bulls are back to being in full control of this market. We got today what we haven’t gotten in a long time from the market and that is follow through. Follow through from a previous day’s rally. Follow through on [...]
All my bullish swing trading setups to follow this week Gap higher by +20 points and stay in cruise control the rest of the day – not a bad way to start the week. Especially considering how dull the market has been over the last couple of months. Now there [...]
My bearish watch list for the week How many people were anticipating a UK Snap Election prior to today? Yeah, nobody. It is quite amazing how many things, of late, the market can find to freak out about. Brexit was last year, it is happening! Apparently the algos have yet [...]
My watch list to follow this week So far the bulls are actually managing to put together a bounce this week and my watch list of long setups are looking pretty nice. Granted, it is only Monday, and the volume is likely to only be about half of what has [...]
Bearish stocks used to mean something Once again, the bears are giving up all of the morning’s progress at rolling over the market and instead left running for the hills for themselves. If you ever thought buying the dip was a joke, it isn’t. It is an absolute tendency that [...]
The S&P 500 is stuck in a long drawn out triangle pattern but refuses to give up the 50-day moving average in the process. Should the market hold and eventually rally, you are going to need a good list of bullish stocks that you can fall back on and trade [...]
Take a look at these bearish trade setups Maybe the market will finally correct. Who knows!?! The resiliency of the market is a thing to behold. Honestly though, it just takes $10 trillion of endless QE worldwide and you can prop anything up. Nonetheless, the charts look bearish, the S&P [...]
