Amazon (AMZN)

As You know, recently the market has been acting a bit more sluggish, prone to more weakness, and my own personal indicators (which I do publish on the site) projecting a new wave of weakness too. I’m more concerned than I have been of late to make sure that I’m not over extended to the

Technical Outlook (SPX): SPX made a strong recovery yesterday into the close, eliminating much of the weakness from earlier in the day.  Today the market is experiencing additional strength off of positives out of Europe.  A close above 1358-60 would be huge for market bulls. Would confirm that the upward trend is still intact and

Pre-market Update (Updated 9:00am eastern): US futures are moderately lower ahead of the open.  European markets are trading -1.1% lower.  Asian markets are traded in a wide range from -0.8% up to +1.8%. Economic Reports Due out (Times are EST): GDP (8:30am), Jobless Claims (8:30am), Corporate Profits (8:30am), EIA Natural Gas Report (10:30am), Kansas City

Pre-market Update (Updated 9:00am eastern): US futures are slightly higher ahead of the open.  European markets are trading mixed/flat. Asian markets are traded in a wide range from -0.8% up to +0.5%. Economic Reports Due out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), S&P Case-Shiller HPI (9am), Consumer Confidence (10am), Richmond Fed Manufacturing

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

Pre-market Update (Updated 8:30am eastern): US futures are slightly higher ahead of the open. European markets are trading -0.6% lower.  Asian markets are trading -0.9% lower.  Economic Reports Due out (Times are EST): None Technical Outlook (SPX): SPX saw one of its biggest sell-offs of the year yesterday.  Broke through the 10-day moving average, that had

Pre-market Update (Updated 8:30am eastern): US futures are slightly down ahead of the open. European markets are trading mixed/flat.  Asian markets traded in a wide range from -1.3% up to +0.9% Economic Reports Due out (Times are EST): Jobless Claims (8:30am), PMI Manufacturing Index Flash (8:58am), Existing Home Sales (10am), Philadelphia Fed Survey (10am), FHFA House

Economic Reports Due out (Times are EST): MBA Purchase Applications (7am), EIA Petroleum Status Report (10:30am), FOMC Meeting ANnouncement (12:30pm), FOMC Forecasts (2pm), Chairman Press Conference (2:15pm) Pre-market Update (Updated 8:30am eastern): US futures are flat ahead of the open. European markets are trading mixed/flat.  Asian markets traded on average 1.1% higher. Technical Outlook (SPX):

Economic Reports Due out (Times are EST): FOMC Meeting Begins, ICSC-Goldman Store Sales (7:45am), Housing Starts (8:30am), Redbook (8:55am) Pre-market Update (Updated 8:00am eastern): US futures are slightly higher. European markets are trading 0.5% higher.  Asian markets traded on average -0.4% lower. Technical Outlook (SPX): Yesterday provided us with sideways price action, with a slight

  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