• Microsoft (MSFT) and Amazon (AMZN) brings tidings of great joy this morning for bulls after announcing solid and above expectations earnings reports. Each are trading over 10% in the pre-market with Amazon staring down at gains of over 17%. For the tech companies, this has not been a disappointing earnings season at all.

    By |Published On: October 23, 2009|1 min read|
  • It is a big day for ‘da bears today to see whether they can put up or shut up. As mentioned last night, I think it is extremely important for the bears to have some follow-through to the downside after yesterday’s key intraday reversal. So far, the market is relatively flat with the Dow Futures up

    By |Published On: October 22, 2009|1 min read|
  • Futures are showing significant weakness heading into the open. The market will be sifting through a ton of reports this week, but today there is only the Chicago PMI report. I ran my screens last night and interestingly enough there were only 2 stocks for my long setups (combined) and only one that I felt I

    By |Published On: August 31, 2009|1 min read|
  • So overall, not a bad month. The market rallied pretty strong, and our swing trades were able to take advantage of the July rally. Early on, we thought the market might head lower when a head-and-shoulders pattern emerged on the S&P and Dow charts, so we took on a short of (DIA). Once the

    By |Published On: August 3, 2009|26 min read|
  • I added another $249 to the portfolio, putting me in the green 1% since I launched my live portfolio on July 1st. However, I left another 1R or $250 on the table on this trade. The markets were extremely weak in the early going and there was barely any setups, until I found Amazon (AMZN) and its perfectly formed

    By |Published On: July 7, 2009|1 min read|