Any time you are trading on a roll, it is easy to start watching the dollars in the account. For example, today, I bought into Amazon (AMZN) at $581, it is now at $594. I bought Netflix (NFLX) yesterday at $100.24 and now it is at $104. Not to mention Mead Johnson Nutrition
March is off to a strong start for the Splash Zone. Learn to consistently profit in 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 too) as well as
The market is still trying to rally today, and up barely a smidge, and this is despite Facebook (FB), Amazon (AMZN), Netflix (NFLX), Google (GOOGL) and Apple (AAPL) being ghastly in the red today. Internals are not that great either. Nothing great or trendy with the TICKS, VIX is
Market and stock analysis including $SPX $SPY $QQQ $IWM $COMPQ $STT $FB $AMZN $NFLX $GOOGL $USO Enjoy!
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
Technical Outlook: SPX continued yesterday in its current 5-day trading range. The market is not providing clear direction here and being light until it shows otherwise is absolutely key here. I still think that there is a retest of the month’s lows in the near futures, at which point I think that is where you
Technical Outlook: SPX bounced back from Monday’s decline creating a 3-day period of choppiness for the market as it is trying to digest recent gains. With futures pointing downward, there is the possibility of continued choppiness today. FOMC Statement comes out today and will spur on additional volatility. I expect that FOMC will play this
Technical Outlook: It didn’t take long for the bears to jump back on the sell-everything bandwagon and they did so yesterday by wiping out all but 9 points of Friday’s gains. This will no doubt come as a huge disappointment for the bulls to start the week. This immediately puts the bulls back against the
Trade setup for AMZN
One of the traders in the SharePlanner Splash Zone was asking me about Amazon.com (AMZN)’s chart, and while without looking at it I remembered it had been stuck in consolidation since its earnings, (yeah, I have a huge swath of chart patterns, unintentionally memorized in my head, where more important things should probably be