• It has been a great month so far in The Splash Zone, despite the market craziness! Bring some stability to your own portfolio by signing up for a Free 7-Day Trial to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time text and email alerts (international

    By |Published On: February 23, 2016|1 min read|
  • The bears are in full control of the market so far today. There is no mistaking that. But the internals don’t appear to be painting as bad of a picture at the moment.  – Declining issues on NYSE is over 2000, just barely, but many of the similar sell-offs have been in the range of

    By |Published On: February 23, 2016|1 min read|
  • Market is up strong so far today, though the entire day can be captured really in the first 15 minutes of trading.  It will be interesting to see what happens when traders get back from the lunch hour and whether they try to pop this market up into the close.  Ideally, I want to see

    By |Published On: February 22, 2016|1 min read|
  • This downtrend in oil is really amazing.  It also goes to show just how deep the sell-off has been, where we have seen in the past week rallies of 12% and 8% among other days to the upside, and still, USO hasn’t put together enough momentum to push through the downtrend.  To say the least,

    By |Published On: February 19, 2016|1 min read|
  • This is one of the most difficult rallies to get behind here.  The rally began and picked up steam as bookends of a three-day weekend where China was opening for the first time in over a week, and would have two trading sessions before we opened up for even one. And then there two trading

    By |Published On: February 17, 2016|1 min read|
  • Delta Airlines (DAL) chart has no appeal to me from a long stand point. It is trying to come out of a downward trend, but there is no higher-high established yet, and to me, simply isn’t worth trading. 

    By |Published On: February 16, 2016|1 min read|
  • Oh, the lure of this market. The lure to believe that the bottom is in and recklessly start buying stocks until there is not more cash left. Nope not happening here. Not going to do it. There is still plenty of problems left for the market to digest and I'm not going to be the

    By |Published On: February 16, 2016|1 min read|
  • Ahead of Janet Yellen’s testimony in front of Congress tomorrow morning, I have questions I want you to ask yourself: 1. What are the chances that Yellen’s remarks will have wording in it that will create a selling frenzy for equities tomorrow?  – Answer: Odds are not favorable. A lot of damage has been done,

    By |Published On: February 9, 2016|2 min read|
  • The market acts like it isn’t sure what to do with itself. The market rallied off the lows this morning immediately following the market’s open, but since then it has given back those gains and momentum and now is just floundering around.  Up? Down? Who freakin’ knows. Buyers and sellers aren’t overly inspired except for

    By |Published On: February 9, 2016|1 min read|
  • I don’t dare. I don’t dare one bit.  This market appears destined to test and possibly break support on SPX at 1812. Until that happens, I have no desire to touch a long position with a 10 foot pole.  However, I know that there are those traders out there that are forever going to

    By |Published On: February 8, 2016|1 min read|