Amazon (AMZN)

Reviewing current market action with analysis in $MGM $TSLA $GOOG $AAPL $AMZN $EMC $PRU $SNV $WHR $JPM $C $OVTI and $MLNX Here’s the video:

Pre-market update: Asian markets traded 0.1% lower. European markets are trading flat. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): Personal Income and Outlays (8:30), Chicago PMI (9:45), Consumer Sentiment (9:55) Technical Outlook (SPX): SPX had strong sell-off initially yesterday, but the dip-buyers came in

Today’s Google Hangout involves going over trade setups in $VLO $ESV $NBL $SCHW $SPWR $TQNT $WDC.  User requests in $FB $TSLA and $AMAT My current positions in $AAPL $CTXS and the position I closed out in $AMZN this morning. And then the charts in $RUT $SPX and

Pre-market update: Asian markets traded 0.5% lower. European markets are trading 0.7% lower. US futures are trading 0.4% lower ahead of the market open.  Economic reports due out (all times are eastern): GDP (8:30), Jobless Claims (8:30), Corporate Profits (8:30), Pending Home Sales Index (10), EIA Natural Gas Report (10:30), Kansas City Fed Manufacturing Index (11)

 Reviewing the current state of the markets as well as going over trade setups in FB, GOOG, AAPL, AMZN, CMI.

Pre-market update: Asian markets traded flat. European markets are trading 0.1% higher. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): Quadruple Witching Technical Outlook (SPX): SPX rose for the fifth straight day and providing follow through to Wednesday’s breakout.  Volume remained at par

Here’s my video from the SharePlanner Hangout today. I discuss my trading strategy going forward with analysis in FB, AMZN, NFLX, PAY.  Here’s the video:

Trading with Anticipation Instead of Chasing. Reviewing stocks in Apple (AAPL) Google (GOOG) Amazon (AMZN) Gold Miners (GDX) Align Tech (ALGN) Graftech (GTI) and the S&P 500 Here’s the video: 

At this point, I wouldn’t chase the price action in Amazon (AMZN). Wait for the pullback to the breakout level on light volume around $377. The retest more times than not represents a clearer view of the risk in the trade, because if it drops below the breakout level, you get out – no

Here’s this week’s video covering Apple (AAPL) the S&P 500, Russell, Ingersol Rand (IR), Aruba Networks (ARUN), Verifone Systems (PAY), Guess (GES), Amazon (AMZN), Facebook (FB) and Alkermes (ALKS).  In the video I go through the mental aspects of trading these companies as well as the technicals and what you need to