Trade Setups

Silver is no doubt a fairly speculative trade, but because I’m trading it with a tight stop-loss that makes sense (i.e. below a critical support level) I’m willing to take a stab at this trade with a stop-loss at $25.40.  Commodities have, no doubt, been weak of late, and the triple bottom that is

Once the SPX made session lows, bounced, and then sold off again to make fresh session lows, I decided to short Mosaic (MOS) which I had been eye-ballin’ early on. What appeals to me the most here is the inability to break through the 200-day moving average on five separate occasions over the

.  I’m now up to three long positions and just two short positions, though, even as soon as tomorrow, I could see me flipping to the short side more aggressively. I’m essentially watching the daily chart, and looking for a true breakdown below 1306. We get that, and I think this market will indeed see

I know it might seem crazy on the surface to jump in a long position early on, but typically those significant gap downs can be awfully difficult for the markets to hold on to. I’ve been eye-balling Authentec (AUTH) for a while now, and I love the chart setup and the risk/reward. Assuming that the

Pre-market Update (Updated 9:00am eastern): US futures are down almost -1% ahead of the open.  European markets are trading -1.1% lower.  Asian markets are traded -0.6% lower.  Economic Reports Due out (Times are EST): Chicago Fed national Activity Index (8:30am), New Home Sales (10am), Dallas Fed Manufacturing Survey (10:30am) Technical Outlook (SPX): SPX manage

I haven’t been actively trading in the market today, mainly because the market is really hard to predict with the massive sell-off yesterday whether we just bounce right back up, or we go further south from here.  In particular, today just felt like a massive short covering, so there’s not much to lead me to

I jumped in Accretive Health (AH). Had the stock symbol been “AHHH” I would have been much more suspicious of it. Nonetheless, I got in at $12.50 with stop loss at $11.94 and a target which is really as high as it will take me. Because there is a huge air pocket at 12.50

I’m probably more excited about my pick up in Church & Dwight this morning than any other stock I’ve bought in quite some time. In fact if it goes well… and that’s a big if in  the market these days, I wouldn’t mind holding on to this stock for an extended period of time –

  I doubt I’ll add any additional long positions (at this point I have 6 swing-trades) but thanks to @TheTradingWife in our chat-room, she spotted Amazon.com (AMZN) and I couldn’t help but take a stab at it myself. That is the benefit of trading with fellow traders because you able to feed off of each

If you joined us for the Sunday Night Kick-Off last night, you’ll know that I pointed out Bancorpsouth (BXS) as a solid long opportunity. On any weakness today I was going to buy it, and it gave me just enough to pull the trigger this morning.  So then, my entry is $13.71 with a