Federal Reserve

We lived a life time in the first half of 2020, what does the second half have in store? I hate to say that there's no way that the second half of this year could be crazier than what we have experienced so far in 2020, but the mere statement will likely doom us all

Finally seeing some rational thinking lead to profit taking today. This is the most selling that I've seen in about nine trading sessions when the S&P 500 gave up about 188 points to the downside. So far today, it doesn't look like it will be as bad, and heck, we might even seen the bulls

Still euphoric, still irrational, but the Robinhood Bros are keeping this market poppin’.   I’m a day late on this watch-list, I get it, but hey, things happen at times. Nonetheless, here’s the watch-lists I’ve put together of the stocks to watch both to the long side and short side. As you can see, the short

Watching this market’s wheels come off in the midst of historic euphoria is the craziest thing since 1999.   But at least in 1999 we weren’t in the midst of a pandemic, historic GDP contraction and record unemployment numbers.  Here we are though, at all-time highs for the Nasdaq and the S&P 500 that remains

Buy Low, Sell High - who even does that.   Who even buy's high?  No, it is "buy higher" now.  Yup, with 96% of S&P 500 stocks trading above their 50-day moving average (seriously, who are the 20 stocks that can't get their act together here?), and the highest reading this century, the market knows nothing

A tiresome, far too predictable, and difficult to trade market  Frustrated and annoyed by the stock market? You are not alone. The bears have no back bone, institutions are absent from the rally, and all you have left is a bunch of David Portnoy fan boys (FYI – I do like his Pizza reviews) who’s

If you still think this is a free market, I have a bridge to nowhere I'll sell you.  Look, whether the market continues to go up or it eventually corrects itself, I'll align myself with its direction accordingly. But in doing so, doesn't mean I agree with what the market has become. It sickens me

Tech continues to be unstoppable – rising for a sixth straight day.   You’d probably expect that there’d be more tech stocks on the list, but I’ve had to take so much of them off the list because they have gone straight parabolic over the past week. Many of which have seen gains of over 20%. 

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken to

New Trade Setups Added Long: Micron Technology (MU) Ideal Entry: 46.32 Stop-loss Option: 44.50 Target: 53.00 Risk Rating: 4.1 Short: Baidu (BIDU) (Sent intraday) Ideal Entry: 95.20 Stop-loss Option: 102.38 Target: 82.00 Risk Rating: 3.9   Trade Setups Triggered: Long Setups: SQ Short Setups: None Setups Waiting to Trigger: Long Setups: CLX, MU Short Setups: CAT, BIDU Active Trades: Long Setups: SQ Short