Alphabet (GOOGL)

Pre-market update (updated 8:30am eastern): European markets are trading -2.1% lower..  Asian markets traded in excess of -2.3% lower.  US futures are trading -1.5% lower ahead of the market open.  Economic reports due out (all times are eastern): Chicago Fed National Activity Index (8:30am) Technical Outlook (SPX): SPX had a significant sell-off on Friday,

The Chart of the Day…   Quick Glance at the Market Heat Map and Industries Notables: Google (GOOG) sticks out of the crowd like a sore thumb (but in a good way for them) Everything basically took a beating, with financials and technology once again leading the way, and health care not too far

  I doubt I’ll add any additional long positions (at this point I have 6 swing-trades) but thanks to @TheTradingWife in our chat-room, she spotted Amazon.com (AMZN) and I couldn’t help but take a stab at it myself. That is the benefit of trading with fellow traders because you able to feed off of each

If you joined us for the Sunday Night Kick-Off last night, you’ll know that I pointed out Bancorpsouth (BXS) as a solid long opportunity. On any weakness today I was going to buy it, and it gave me just enough to pull the trigger this morning.  So then, my entry is $13.71 with a

Disappointing day for bulls today as what looked like would be a soaring open when futures opened Sunday night on news that Spain was seeking a bailout, quickly vanished as the US market open came about.  I think for the most part, that this market has grown tired after registering its best week of the

I don’t typically dive into the fundamentals when deciding whether to take a trade, and rarely do I post this kind of stuff on SharePlanner. But nonetheless, I felt like it was necessary today, considering we are just a half hour away from its IPO launch and there is more hype behind this stock than

We’re heading into the close and the market is playing with the notion of closing below 1340. If we close below that I’ll be a little bit more comfortable about adding more of the short setups listed below. I’ve already added Sigma -Aldrich (SIAL) at $70.27. I was actually thinking the market might take a

I’m a bit mixed on this market. On one hand, I’m not finding a lot of short setups that aren’t already well over-extended, and too risky to be jumping in at this point, however, there’s enough resistance overhead on the S&P, where I’m skeptical of it rallying much and lifting some of these shorts off

I went long today in Google (GOOG) despite the overall market being heavily bearish. The reasons were simple – the market gapped down significantly and usually after the first hour or so of trading there is a period of extended sideways trading to a possible bounce in the afternoon. Secondly, Google was testing the

Google (GOOG) was downgraded this morning after an analyst at Stifel Nicolaus lowered their revenue and earnings estimates. While I don’t consider the news to be important at all (any upgrade/downgrade is done for self-serving purposes, and never to actually warn us of anything), I am enamored by the price action where this stock