• The Trump Sell Off

    The bears are gaining a foothold on the Trump Controversies My objective here isn’t to defend Donald Trump or prosecute him. I leave my personal opinions out of my trading simply because the market doesn’t care what I think when it comes to politics.  So I have to look at price action for what it

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

  • Bull Flag Breakout People

    Shockingly the market didn’t sell-off the bull flag in the afternoon and maintained the breakout instead That afternoon sell off has been strong of late, but the bull flag held strong on the charts and the breakout is still in play. Should you be short right now? Not according to the charts. Yes, there

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

  • Stock Price Range Continues to Narrow

    The stock price range continues to narrow across the board This market can’t move. Little faith can be put into a gap up, because with stock’s narrowing price range, you know that the market has to fade every opening move whether it be to the upside or downside.  In the midst of all of this,

    By |Published On: April 11, 2017|2 min read|

  • Stock Market Analysis on S&P 500

    Stock Market Analysis: The world survived the weekend If the world was able to get through the weekend without any major conflicts, or the Fed further weighing in on how overpriced stocks were, the market would probably be in good shape right? Well, so far that seems to be true. Futures are relatively flat, with

    By |Published On: April 10, 2017|2 min read|

  • Stock Market and Missile Strikes

    Missile Strikes, Employment and the Stock Market Yesterday SPX bounced off of that 50-day moving average but overnight you had some pretty intense news coming out of Washington that they launched missiles into Syria. You can find the details everywhere about the strike, but how that affects the market is that initially the market traded

    By |Published On: April 7, 2017|2 min read|

  • Dead Cat Bounce For Now

    Dead cat bounce until proven otherwise. It’ll probably take the market establishing new all-time highs in order for me to not view this market rally the last two days from a dead cat bounce perspective. There has been some technical improvements, but even still, the downtrend off of the March highs are still in

    By |Published On: March 30, 2017|3 min read|

  • Dow Jones Chart Suggests a Bounce is Coming

    Dow Jones Chart has not been down 9 straight days since 1978 That is quite a run, to not have a sell-off of nine straight days since Jimmy Carter was president. But the Dow Jones chart is finding some support at the 50-day moving average as is the S&P 500 chart.  I suspect that we’ll

    By |Published On: March 28, 2017|2 min read|

  • S&P 500 Index Chart has High Volume but Lacks Momentum

    A lethargic S&P 500 Index Chart The S&P 500 Index chart (SPX) is holding true to the rising trend-line and is holding the 20-day moving average as well. The FOMC is also upon us. This is the week that they are likely to raise rates, and if you remember, I've been saying for a couple of

    By |Published On: March 13, 2017|2 min read|

  • 4 Stock Investments That Are Poised To Go Up During The Trump Presidency

    Whether you like Donald Trump or not, when it comes to trading or investing in the stock market, it simply doesn’t matter. Political views you harbor will never provide you with any kind of return on your trades. So when it comes to profiting in the stock market, get past your hate, or your love

    By |Published On: February 9, 2017|7 min read|
  • trade setups big banks breakout

    Big Banks Are Shattering Resistance

    Watch these big banks!  Namely: JP Morgan (JPM), Citigroup (C), Bank of America (BAC) and the notorious Goldman Sachs (GS).  All of them are breaking out as I am typing this and they look like they could be solid runners for the entire week.  Rarely do you find them or any

    By |Published On: August 15, 2016|1 min read|