• The bulls are showing a little bit of enthusiasm in the early part of afternoon trading. However, throughout the morning they were showing all the markings of simply wanting to throw in the towel.  At this point, I’d still consider the market to be in a chopping range, and doing nothing to resolve the weakness

    |May 2, 2016|1 min read|
  • Careful with getting too heavy on the long side early on this week. There was some patches of  selling late last week and it is bleeding into this week here to start things.  Not to mention, oil is struggling at its rally highs here and looks ready for a pullback. Below is the long list

    |April 25, 2016|1 min read|
  • Yup, the sellers are showing early control of the market to start this week, but let’s be honest with ourselves, have they really showed any conviction to the downside? Any momentum worth mentioning? No.  In fact, I wouldn’t be surprised if the bulls try to stage another rally in the last hour just to get

    |April 4, 2016|1 min read|
  • The market pulled back nicely last week… it pulled back orderly, and after seeing the three day pullback there is little concern at this point for the bulls.  Sure the selling could pick up, but as it stands right now, this market looks like a light volume pullback that the bulls are going to buy

    |March 28, 2016|1 min read|
  • Yeah, don’t expect the rally to keep going… but it sure does feel like it right now.  You can buy some of the long setups below, but don’t you think you’d be better off waiting for the market to pullback a few points first?  Once that happens, even the setups below, become even more attractive

    |March 21, 2016|0 min read|