Alphabet (GOOGL)

Technical Outlook: Day 2 of the dead cat bounce unfolded yesterday and it was a brilliant one.  Back-to-back +30 point days on SPX is a rarity in general, but not when you are coming off the heals of a major sell-off.  Much of the Brexit losses have been erased following the two day bounce.

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So far the month of June  has been extremely tricky for traders. Overall it is down and in 13 trading sessions, 7 of them are negative. But at the same time, this market marched right up to within 1% of new all-time highs just a week ago.  But as we have seen plenty of times

The profits continue to increase in May – Don’t let the month waste away without at least signing up for a Free 7-Day Trial to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time text and email alerts (international too) as well as access to my

It is a common theme for the market: S&P 500 gets to a key breaking point, everything is lined up for a big sell-off, but bulls and dip buyers come to the rescue and thwart the big breakdown.  I mentioned in the last update, that I wouldn't be surprised to see us sell-off early on

Of course there should be about 15 more dead cat bounce attempts between now and the close, but I have to say, I am pleasantly surprised that the bears have the price action down below 2039. That is where it should be, but my expectations were diminishing rapidly over the past week for that

Technical Outlook: Wild trading session yesterday, that saw price fluctuated between +13 and -13 on SPX, only to close at break even for the day.  Volatility was created by the FOMC minutes that were released and the notable hawkish stance it took in raising rates – possibly as soon as June.  Head and shoulders was

To describe this market, there is no chart, and no analysis that can do it better than this random Russian guy deciding to go down a metal slide.  The results speak for themselves and for the state of the current market: Needless to say, even though the bears have owned this market (sort of) over

Fairly significant pattern still working itself out. Appears to me that the price action of late is a dad cat bounce that should be shorted. Looking for the initial move to take price down to $700, then $675. Also the rising trend-line off of the August lows has been violated and broken. Last week it

I have to level with you all…I find this market rally extremely skeptical. It is another one of those market-hijacked rallies based off of a headline from left-field.  Two weeks ago, oil jump started its rally when an oil community in Canada was set ablaze. Today it is the market rallying off news Warren Buffett