• I Reduced My Long Exposure Some Yesterday

    Yesterday’s rally didn’t quite seem there was a great deal of conviction behind it. Perhaps with the Fed set to release its FOMC Statement today, we’ll get the market to provide us with a decent size move. Over the past four trading sessions, the market has been rather quiet. 

    By |Published On: July 26, 2017|3 min read|

  • The Pullback That Never Was

    3 days of selling of less than one point per day That is what SPX has averaged over the course of the last three days when it finished lower each day - less than one measily point. For the bears that has to be infuriating.  I don't blame them - I would be too, if

    By |Published On: July 25, 2017|3 min read|

  • The End of a Long Streak for the Nasdaq

    I'm not a big fan of streaks when it comes to stocks I mean it is nice while it lasts, but like any financial instrument that is rallying, eventually there needs to be a pullback and on Friday you got one with a whopping 0.04% pullback on the Nasdaq.  How amazing, right?  That is the

    By |Published On: July 24, 2017|3 min read|

  • Consolidation Here Not a Bad Idea

    When the Nasdaq is up 10 straight days – a little consolidation never hurt anyone.  While it is much more common to see the Nasdaq have these kinds of runs than the S&P 500, it still needs to cool off here. What’s amazing about the run is that it comes right after the Nasdaq

    By |Published On: July 21, 2017|3 min read|

  • Short-Term Support Held and Dip Buying Still in Effect

    Support holding strong, dip-buyers still flying in at any moment of weakness. Yesterday was a sound day for the bulls from a technical standpoint. For one, the S&P 500, by a large margin, saw a huge uptick in volume from the day before. Which is good, because I kind of thought the market was dying

    By |Published On: July 19, 2017|3 min read|

  • Light, Low, Nonexistent Volume

    What was that yesterday? Where was the volume? That had to be one of the least interesting trading days in my entire trading career. I mean, it was horrible, miserable – and outright boring. 

    By |Published On: July 18, 2017|3 min read|

  • Stocks Watchlist AMZN CELG ASH

    Today’s stock picks The second half of the year is underway, and if you’re not in the Splash Zone, you aren’t in the right place. Jump in and sign up for a free trial to the SharePlanner Splash Zone.  Long Amazon (AMZN)

    By |Published On: July 18, 2017|0 min read|

  • New All Time Highs for the Stock Market – What Matters Now?

    All time highs without a worry in this world.  It really is impressive how the market will rebound every time from even the smallest of sell-offs to hit new all-time highs, time and time again. There is a lot of risk out there – tons of it. Despite all the horrible headlines that could readily

    By |Published On: July 17, 2017|3 min read|

  • Banks Down, Market Wants Upward Follow Through on Darvas Breakout

    Out of the Darvas Box - just barely though Okay, so we have been here before. This almost-two month long box that the S&P 500 has been trading in has been broken for only the second time, yesterday. The last time it broke was on June 19th, and the following day resulted in a huge

    By |Published On: July 14, 2017|4 min read|

  • Breaking Out of the Channel

    The Dow hits new highs, S&P 500 & Nasdaq not far behind The S&P has rallied 31 points off of the Tuesday’s lows when Don Jr.’s emails hit the wire. Yeah, it actually sparked a sell-off, but like all sell-offs, it was short lived. Instead, stocks are staring down the barrel of all-time highs, and

    By |Published On: July 13, 2017|3 min read|