Fuinhaz

Another nice and strong gap up, followed by good and somewhat mixed earnings. The $SPY is currently @ 156.61 in pre-market. I would like to point out that at 157.20, the $SPY will fill the gap left last week. I am curious to see what it will do after that. I personally think we will continue to

Apple (AAPL) 3 Day Chart - Nice move from the 385 level, that I tweeted about last week. It is currently above 400 which on a short term basis, correspond to the 38.2% Fibonacci Level. So as long as it stays above 400.90, it is a good long. Amarin (AMRN) 4 Hour -  I want

I am impressed to see the $SPY over 155.55, but even happier that there is a slight chance of us making new highs before the bears come in to bring down the house. We still have one more week and 1/2 until May. Remember the saying, Sell in May and go away. While that have

$BBRY 30 min Chart - Nice setup forming, after it defended th 13 level. Over 13.98, with some volume it takes off from the launch pad. $GOLD 30 min chart - Major gap again, if it holds 73.50 (78.6% Fibonacci Level, I will be impressed) $HLIT Daily Chart - I will be watching this one

First of all, Thanks for the efficiency of the Boston Police, who shot and killed one of the monster of the Bombing on Monday. As for the second one on the run, don worry, they are coming for you too. $SPY reversing as expected, after we got so close to the 153.16, which is on

$ASML 2 Hour Chart - Gaping up, but between 2 fib levels, It looks more liekly it will go for the 73.20 target which represents the 61.8% Fibonacci level. If it does, that is usually the turning point. $GOLD 15 min chart -  Another one opening in the middle of two Fibonacci levels. I highly

$SPY tried, but did not reached the 155.55 mark it needed to convince that there is some more left on it. We will most likely re-test the 50ma 154.29 one more time again today, now question is. Will it hold it this time? The short answer is no. As we approach may, and with the $SPY under

$ASML 2 Hour Chart - Doing the same thing it did yesterday. A nice gap, that most liekly will fade. Watch for 71.63 to hold. If it doesn't, you just short it, and maybe this time, it will go all the way down to 68.10. $GOLD 10 min Chart - Gaping two Fibonacci Levels, and

I was so excited yesterday as I saw the market moving higher with such strength. It gave me the opportunity to carefully choose many names I will be shorting today. What some people may call a dead cat bounce, I call it a technical bounce. Because this is exactly what we had as I illustrate

Arm Holdings (ARM) 4 Hour Chart - Insignificant gap on pre-market, most likely it will re-test 40 (50% Fibonacci Level), and nose dive to the 61.8% level represented by38.99. ASML (ASML) 2 Hour Chart - Gaping 2 Fibonacci levels at the same time. Watch for it to hold the 50% at 71.63. If