• 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

    By |Published On: June 18, 2012|1 min read|
  • 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

    By |Published On: June 11, 2012|1 min read|
  • 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

    By |Published On: May 18, 2012|2 min read|
  • 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

    By |Published On: May 14, 2012|1 min read|
  • 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

    By |Published On: May 10, 2012|1 min read|
  • 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

    By |Published On: April 23, 2012|1 min read|
  • 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

    By |Published On: January 9, 2012|1 min read|
  • If you’re to ask me, I think Google (GOOG) has done a remarkable job of holding its value this year. I know there have been some fairly rough patches where it declined in excess of 20% on multiple occasions, but as it stands right now, GOOG is close to breaking out to multi-year highs.

    By |Published On: December 5, 2011|1 min read|
  • Google (GOOG) has made some big news of late with its acquisition of Motorola Mobility (MMI) which I think overpaid for this company, and took a hit to its stock price as a result. But GOOG has probably one of the most interesting charts out there, with a clear support/resistance level shown right through the middle

    By |Published On: August 16, 2011|1 min read|
  • Current Long Positions (stop-losses in parentheses): SPY August 136 Calls, DBLE (9.99), HDY (4.10), BGCP (7.93), SCLN (6.09), TSYS (5.08), ABAT (0.94) Current Short Positions (stop-losses in parentheses): None

    By |Published On: July 15, 2011|2 min read|