Alphabet (GOOGL)

Google (GOOG) has been a great stock for swing trading this year. The key has been fading the moves that have occurred. Specifically those between $850 and $930.  But as a result of those moves a nasty head and shoulders pattern has emerged that should take this stock much lower if it crosses and

I have to follow up on my Google (GOOG) post from July 12th, when I warned traders to get out of GOOG when it was well over $920. The stock has a history of not performing well in consideration of the price pattern that had matured, the over extension outside of the upper Bollinger

Microsoft (MSFT) and Google (GOOG) get HAMMERED after hours.  Quick Glance at the Market Heat Map and Industries Notables: Oh my gosh! Banks were freakin’ phenomenal – where have you been all my life!?! It was like tech knew ahead a time after hours were going to be a disaster.  Healthcare wasn’t too far behind

As always on Mondays, I have my long watch-list for the week. Of course throughout the duration of the week, I am likely to add/subtract from it. But this is where it stands at the moment.  But let me just say this, the market is on an unbelievable tear right now. Nasdaq is

I know that there is a lot of controversy behind Herbalife (HLF) and rumors that it is some kind of ponzi scheme, Carl Icahn’s position in the stock or why Bill Ackman has made his short position in the stock such a personal one.  All that talk, news and made-for-tv debate is senseless and pointless

I was long Google (GOOG) from the end of June when I got long on a pullback that held key support and got in at $872.15. Yesterday I sold that position at $920.30 for a nice 5.5% gain.  But why sell so soon?  Look no further than the chart I posted below for a

I’m back from my brief stint with vacation. Believe it or not, it was the first time in about three and one-half years since I took my last one. It felt great camping with the family despite the non-stop rain for the entire vacation’s duration.  With that said, a result of last week’s vacation is

Chart of the day…  All sorts of long standing streaks are coming to an end these days in the financial markets… I’m going to have to find something else to write about soon 🙂  Quick Glance at the Market Heat Map and Industries Notables: That is what you call a market sunburn Financials continues to

One of the most extreme intraday double tops you’ll ever see (this comes from the EUR/USD)…     Quick Glance at the Market Heat Map and Industries Notables: Technology shows a lot of heavy weakness.  Banks cooled down a little bit.  Consumer Goods and Utilities boucned back nicely.  Be sure to check out my latest

Inverse head and shoulders pattern in Google (GOOG) might be Santa’s Christmas gift to us    Quick Glance at the Market Heat Map and Industries Notables: Technology firing on all cylinders for the first time in a loooooong time.  Healthcare took off today.  Materials showed moderate strength, while Finance was mixed.  Be sure to check