Russell 2000 (IWM)

Technical Outlook: SPX  had its first 3-day pullback since September and the first of this rally.  Unlike previous sell-offs the 10-day moving average did break intraday. But like the October rally has done, it managed to close above it by the end of day.  Volume saw a noticeable uptick on Friday, due mainly to

Technical Outlook: Second straight day of consolidation that saw price pullback to the 10-day moving average and hold, and close just above the 5-day moving average.  This is a pattern that I have seen unfold consistently over the past five weeks that ultimately results in another push higher. It remains to be seen with today's

Studying the Index charts today as well as a number of setups that I am watching for the days ahead. The stocks and indices covered in this video include: SPX, RUT, Nasdaq, SPY, QQQ, IWM, AAPL, AAL, CRM, CRZO, HAS, OSK and more.  Here’s the video: 

Going over current market trends, where its been and where its heading. Also going over some trade setups I see out there right now. Symbols that I go over: $SPX $RUT $COMPQ $AAPL $CL $GOOGL $TSLA $SPY $QQQ $IWM $NFLX $CVX $MRO $TSO $MSFT Here’s the

Technical Outlook: Excellent day yesterday for bulls as it appeared in the early going that price would end up resuming the move down to rising support down, until the dip-buyers came in and pushed it back to its recent highs.  However, 2111 remains a formidable level of resistance and needs to get taken out today. 

Technical Outlook: SPX continues, and continues to struggle for real direction. Despite what seemed like a likely breakout of consolidation on Monday, SPX yet again decided to give back those gains and trade in the monotony of consolidation that has plagued this market for the entire year minus one episode in February that provided traders

Technical Outlook: Yesterday’s rally was a strong response to the sell-off on Friday as it regained every one of the moving averages it lost, including the 5, 10, 20, and 50-day MA.  Follow through today is important for the bulls, because by continuing the rally if makes it as if Friday never happened.  With

Today has been anything but boring as we have seen the market deal with two huge pieces of news in GDP and Bernanke's Jackson Hole Speech, and traders and investors have been taken on a wild, roller-coaster ride as a result.  Surprisingly, the market is rallying on Bernanke's no-news event (or is it?) and  trading

Current Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): ESV (42.84), MR (32.80), WTFC (37.71), SLAB (44.80), CERN (83.56), ALB (43.59), HIBB (26.65), LYV (11.95), WRC (40.95) BIAS: 93% Short Economic Reports Due Out (Times are EST): Consumer Price Index (8:30am), Treasury International Capital (9am), Consumer Sentiment (9:55am) My Observations and

One of my new changes to the website that I talked about last week was providing you with my watch-list of stocks that I am paying close attention to. Last week, I merely  provided you with a list of symbols, but this week, I am ranking them by favorite to least favorite, and on top