Everyone seems to be concluding that we’ve got some downside ahead of us going in to the week ahead. As for me – I’m on the fence ready to expect anything. I’m about 60% long going into tomorrow without a single short in the portfolio. I am a bit skeptical of the perceived bearishness out
Futures are pointing down, at the moment, but a lot can change between now and the open. Either way, I’ve provided you below with 10 trading setups – 5 of which are to the long side and the other 5 are to the short side. Let’s make it a great week! LONG: Ecolab (ECL) LONG:
All I know is that I shorted silver on Monday, ZSL. I heard all kinds talk about silver and commodities freaking everyone out from CNBC to the blogosphere and twitter. Now, first of all, let me be perfectly clear in that the proceeds from ZSL countered the total error of buying GLUU at absolute tops.
I’ve already bought GOOG this morning at $524.81 on what I believe is a stock prime for a bounce somewhere in the realm of 3-4%. With that said, the stock offers a very nice risk/reward setup with upside as much as $540 and down side of about 517, which is a 2:1 reward/risk. The
Current Long Positions (stop-losses in parentheses): CPWR (10.90), TICC (11.90), NFLX (199.75), PFE (18.89), PGH (12.65), SCO (43.99) Current Short Positions (stop-losses in parentheses): None BIAS: 45% Long Economic Reports Due Out (Times are EST): Monster Employment Index (6am), Jobless Claims (8:30am), Productivity and Costs (8:30am), ISM Non-Manufacturing Index (10am), EIA Natural Gas Report
Tim Bourquin: Hello, everybody and welcome back to TraderInterviews.com. Thanks for joining me for another interview. We’re going to be speaking with Ryan — Ryan Mallory and we’re going to talk to him about how he trades, how he finds good opportunities in the markets, and basically maybe his story about a trade or two
Market has managed, quite well, to keep a bad employment number, which jumped from 9.6% all the way up to 9.8%, from driving the markets lower. In fact the action that we saw today is actually a good testament to the health of the market. While I think we may see some profit taking in
Current Long Positions (stop-losses in parentheses): TICC (9.62), BRKR (14.54), ITW (47.40), QQQQ (49.25), TIE (19.73), BEAV (31.75), PAG (13.62), DTV (41.09), ZION (21.59), ACI (25.54) Current Short Positions (stop-losses in parentheses): None BIAS: 82% Long Economic Reports Due Out (Times are EST): Bernanke (8:15am), Consumer Price Index (8:30am), Retail Sales (8:30am), Empire State Manufacturing Survey (8:30am),
About a month or so ago, I wrote a post describing the details of my trading computer. However, as you know, a computer with great hardware setup doesn’t mean much unless you have the right software in relation to how you trade. So this here will be the second installment of the “Trading Desk”. For
Please say it ain’t so! But believe it or not, there are a lot of traders out there that have charts that are as convoluted and messy as the chart you see above.