Yes, I am a faith watch-list developer of all things long and short. But there can’t be that many bears left in this market. I mean, seriously, what has the market done for you at all lately that says, “I need to be net-short?” Absolutely nothing! On the flip side the last two months in
McDonalds (MCD) while I’m a Yuuuuge fan of the 24 hour breakfast menu, I utterly detest the chart of MCD as it currently presents itself. You have a massive head and shoulders pattern that you will see in the chart below. The chart is absolutely perfect and it is unfolding before our very own
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Here’s four dead cat bounces that I am watching closely if this market rally ends up failing. That doesn’t mean I am saying it will fail, that is me saying “IF” it fails. I have none of these as shorts, and am only looking to add them if the market conditions start showing signs
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Earnings were good today for America’s most hated fast food chain, McDonalds (MCD). Personally, I think Burger King and Taco Bell are a hundred times worse and causes an automatic gag reaction just driving by one of them. Nonetheless, MCD seems to found a gem in 24 hour breakfast menus across the country. Personally,
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A dip in a stock is not necessarily the end of a stock, unless the dip buyers fail to jump in. Now that is what I call the motto of this stock market, stocks, and every instrument of trading that has been on a continuous upstream for the entire year of 2013. I’ve provided here
Taking the swing-trade short in ESRX Often times when I’m searching for the day’s lazy trades, I end up making one or both of the trades as I write the post. That has happened once again today by getting short on Express Scripts (ESRX) at $61.51. The other pick is one I’ve tried for a
Trying to squeeze a few more setups here into the close. I’m Long McDonalds at $94 as described below. I have 2 longs and 3 shorts to end the day. I’m tempted to add TTI as well, but figured I’d wait till tomorrow to see how the market opens. My portfolio is a lot smaller