Fedex (FDX)

Stocks Watch to follow today include two longs and one short setup Made it through the weekend without any market shaking news and so far the futures are pointing at a flat open for equities. Keep your portfolio light though, until the current price action resolves itself in one direction or the other. Still the

One bounce, one breakout, one breakdown trade setup With just three swing-trade setups this morning, I am covering a wide spectrum of trading styles that you can take with this market today. Dennis Gartman, the ultimate contrarian to go against in this market, said something broke in the market yesterday and that a 5% or

Still the market that can’t slow down. My stocks watchlist has another two long setups and one short setup today. Let price confirm moves, don’t rush trades, and definitely don’t chase price.  Also, check out the SharePlanner Splash Zone which is absolutley on fire. You can try it out with a Free 7-Day Trial.  Here’s

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Technical Outlook: Massive bounce yesterday at around the 50-day moving average, and closing a shade below 2100.  Again the bears let go of another opportunity to jump start a sell-off.  SPY volume dropped off yesterday and was notably below recent averages for the first time in 10 trading sessions.  VIX continues to struggle

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Technical Outlook: Sloppy day for stocks on Friday as it was options expiration and following the initial burst higher at the market’s open, the market remained in a slow sell-off the rest of the day.  Breaking the declining resistance off of the May highs of this year, is of high importance here to the sustainability

Technical Outlook: Very low volume day yesterday on the SPY and SPX traded within an eight point range.  All key support levels were held up yesterday, and the 20-day moving average was tested and held as well.  The key for the bulls moving forward is to push through the declining resistance off of the

Technical Outlook: Another major rally yesterday following the eight day pullback, gives SPX 64 points in gains in the last three days.  SPX has managed to reclaim the 200-day moving average that posed as resistance on Tuesday. Also, it reclaimed the 10 and 20-day moving averages, the latter of which puts SPX in the upper

Technical Outlook: SPX was off to a good start yesterday, and looked like it may string two consecutive days of gains together until a bomb scare at a stadium in Germany resulted in the market selling off all the day’s gains and then some.  The sell-off happened at the 200-day moving average, and that now