• ben bernanke and 9 straight days higher on the Dow

    Evening Tape: Yours Truly, Ben Bernanke

    Only in a Fed-induced rally do you go up 9 straight days     Quick Glance at the Market Heat Map and Industries Notables: Splotches of weakness in Technology. Services showed a lot of strength after today’s solid retail report. Financials held its own for the most part.   Be sure to check out my

    By |Published On: March 13, 2013|1 min read|
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    Swing Trade Quick Pick: Healthsouth Corp (HLS)

    Healthsouth (HLS) breaking through long-term resistance Stock: Healthsouth Corp (HLS) Long or Short: Long Entry: 25.00 Stop-Loss: $24.10

    By |Published On: March 13, 2013|1 min read|
  • short watch-list

    Swing-Trading Short Watch-List

    Cautious with the short-setups I’m reluctant to add any new short positions to the portfolio particularly because the dip-buyers continue to prop the market  up. Any kind of weakness no matter how big or how small consistently triggers the buying machines and curbs any losses that might have been had otherwise.  As a result, I

    By |Published On: March 13, 2013|1 min read|
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    Swing Trade Quick Pick: Alexion Pharmaceuticals (ALXN)

    Alexion Pharmaceuticals (ALXN) Testing Head & Shoulders resistance Stock: Alexion Pharmaceuticals (ALXN) Long or Short: Short Entry: $91.65 Stop-Loss: $93.55

    By |Published On: March 8, 2013|1 min read|
  • S and P 500 Market Analysis 3-08-13

    Today’s Trading Plan: Careful with the Gap

    Pre-market update (updated 9am eastern): European markets are brading 0.9% higher. Asian markets traded 1.4% higher.  US futures are trading moderately higher ahead of the opening bell.  Economic reports due out (all times are eastern): Employment Situation (8:30am), Wholesale Trade (10am) Technical Outlook (SPX): SPX managed to finish higher for the 7th time in

    By |Published On: March 8, 2013|2 min read|
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    Swing Trade Quick Pick: iShares Silver (SLV)

    iShares Silver (SLV) bounce off of down channel Stock: iShares Silver ETF (SLV) Long or Short: Long Entry: 27.97 Stop-Loss: 27.34

    By |Published On: March 7, 2013|1 min read|
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    Swing Trade Quick Pick: Carrizo Oil & Gas (CRZO)

    Carrizo Oil & Gas (CRZO) breaking out of long-term base Stock: Carrizo Oil & Gas (CRZO) Long or Short: Long Entry: 23.18 Stop-Loss: 22.32

    By |Published On: March 6, 2013|1 min read|
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    Swing Trade Quick Pick: Las Vegas Sands (LVS)

    Las Vegas Sands (LVS) doesn’t look so lucky Stock: Las Vegas Sands (LVS) Long or Short: Short Entry: 51.63 Stop-Loss: 53.23

    By |Published On: March 1, 2013|1 min read|
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    Lazy Trade Long & Short: PANW & TTM

    Swing-Trade setups give us options for whatever direction this market ultimately takes.  We’ve basically been trading within a 4-5 point range so far on the SPX. There isn’t much more tolerance on my end before I’ll have to flip the switch and get more long if this market insists on pushing higher on the

    By |Published On: February 28, 2013|1 min read|
  • SharePlanner Reversal Indicator 2-27-13

    SharePlanner Reversal Indicator: Not Enough Weakness

    Reversal Indicator points south but the market refuses to reflect the bias.  The Fed has really goofed this market up for the past four years, and since it bottomed out in March of 2009, the stock market has been kept propped up by the Fed’s manipulative tactics of pouring trillions into interest baring assets that

    By |Published On: February 27, 2013|1 min read|