3/11: Bull flag pattern setup in $JPM, with support at the 50 and 20-day moving averages. Also a very nice base formed since Mid-January that it is finally comiing out of.
Fortunes were won and lost this week, but more were probably lost. But in the SharePlanner Splash Zone, that couldn't be further from the truth. Instead the trades made this week, continued the theme of last week and that was "Profitability". It was a quiet week of trading, I only made six trades and today
This is why I am not a huge fan of holding my short positions for extended periods of time. Ideally, I like holding a short 2-3 days. Once I get profits in the 4-7% profits, that is where I start getting itchy to cover my position. While I embrace shorting stocks when the market calls
Technical Outlook: SPX went all the way down to the 1810 level momentarily, and thereby breaking the critical 1812 level. However, immediately right after a WSJ headline came out that OPEC was willing to consider a production cut and that send futures skyrocketing off of their lows – 27 points in less than 20 minutes.Â
Despite a strong bounce in the financials yesterday and relative strength that it has exhibited today, it still appears as if the banking stocks are setting up for more to the downside. Take a look at these four banking stocks, and the last one will really blow your mind. Goldman Sachs (GS) JPMorgan (
It’s 2016 and you need to get the year started off right! So do yourself a favor and sign up for the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time text and email alerts (international too) as well as access to my chat-room that I trade
I just finished off another stellar month of trading in November. See all that I have to offer you by signing up for a Free 7-Day Trial to the SharePlanner Splash Zone where you will be given access to the member chat room as well as receive all of my swing-trade alerts via email and text (international too).
Join me by signing up for a Free 7-Day Trial where you will be given access to the member chat room as well as receive all my swing-trade alerts via email and text (international too). If you’d like to see just how good my past performance has been, you can do so by clicking here. Here’s tomorrow’s swing-trading
Make sure to get your trading off to a great start this week by subscribing to the SharePlanner Splash Zone for a Free 7-Day Trial where you will receive access to my trading room and real-time trade alerts via email and text (including international). You can also automate your trading with me through Ditto Trade.Â