• Pre-market update (updated 7:00am eastern): Europe is trading mixed.    Asian markets traded mixed as well.  US futures are slightly higher.  Economic reports due out (all times are eastern): Veteran’s Day – Banks closed.  Technical Outlook (SPX): Initially, Friday’s action saw a respectable amount of buying take place. During the Obama speech on the

    |November 12, 2012|2 min read|
  • Pre-market update (updated 8:30am eastern): Europe is trading -0.8% lower.  Asian markets traded -0.8% lower.  US futures are moderately lower.  Economic reports due out (all times are eastern): Import and Export Prices (8:30am), Consumer Sentiment (9:55am), Wholesale Trade (10am) Technical Outlook (SPX): SPX continued the push lower yesterday, with selling persistent throughout the day. 

    |November 9, 2012|2 min read|
  • Short Lululemon at $70.00 with a Stop at $72.63 So far I’ve made one trade on the day and that is in Lululemon (LULU). So now I have a grand total of “2” short positions which includes SodaStream (SODA). I’m also stalking once again CheeseCake Factory (CAKE) in hopes of jumping in around $33.30

    |November 8, 2012|1 min read|
  • Stocks still lacking conviction and direction for swing trading I have to say, this is not an easy market to trade, which is one reason why I continue to tread lightly these past couple of weeks. There’s no sense on putting up heavy positions only for the market to knock them down. But I continue

    |October 31, 2012|1 min read|
  • Economic Reports Due out (Times are EST): NFIB Small Business Optimism Index (7:30am), ICSC-Goldman Store Sales (7:45am), Redbook (8:55am) Premarket Update (Updated 8:00am eastern): US futures are moderately lower ahead of the open.  Asian markets, on average, finished higher by about 0.3%.  European markets are trading in a flat/mixed fashion.  Technical Outlook (S&P): S&P made a

    |May 8, 2012|2 min read|
  • It's been hard to find good long setups since Friday, and a lot of the past couple days' activity felt like a mass headfake.  I went into 100% cash this morning and sat out the rest of the day. This past evening, I perused through about 200 of my closest charts, looking for easy-to-spot long setups.

    |April 5, 2011|1 min read|
  • |December 9, 2010|0 min read|