In the eleven years I have been posting my weekly watch-list here on SharePlanner, this has been, by far, the smallest watch-list I have ever put together. This market has pretty much gotten the best of everything out there. And even the names on this list have been hit. They [...]
‘Da Bears are back in in charge. And just like that we are looking at another test of the 200-day moving average on the S&P 500 (SPX). On the Nasdaq 100 (NDX), you have a head and shoulders pattern forming, though not yet confirmed. […]
Stock Market has yet to see anyone even remotely try and buy the dip There isn’t insane volume sweeping the market today, like what we saw back in February, but the extent of this sell-off is quite extreme, especially for one day. There is plenty of news headlines hitting the [...]
This has not been a good week for the bulls. They have fully lost control of the market. When I pulled up the SharePlanner Reversal Indicator, I fully expected it to show a bearish reversal in the works, but it is still riding strong to the upside. Of course, it [...]
Profit taking finally hitting the market, after a huge run up. The last two days have been brutal for the bulls, with the Volatility Index (VIX) hitting its highest level since August 17th. That’s five months to be exact. […]
My Swing Trading Approach I’ve been moving my stops up over the past eight trading sessions to guard my profits against a market sell off. Today we are seeing the potential for one. I may be stopped out of some trades today, but it will be with profits. Indicators [...]
My Swing Trading Approach I’ve been moving my stops up over the past eight trading sessions to guard my profits against a market sell off. Today we are seeing the potential for one. I may be stopped out of some trades today, but it will be with profits. Indicators [...]
Plenty of takeaways during the month of November for my swing-trading. For one, it was another successful month, but there were a few stretches in there, that I’d like to soon forget. Most notably was the way in which it ended. […]
The last few days have not been the best of days for the market. Volatility is perking its head up some, and the technology sector, which has been the market leader for all of 2017, has shown signs of profit taking over the past week. […]
T2108 has been one of my favorite indicators for judging the current health of the market. For about a month and a half, stocks have been slipping under the surface. You can see that in the Russell, in particular, which has been in a steady decline that has matched the [...]
Give it a few hours, the market will bounce right back up! That’s the mentality of traders these days, and it is brutal from the standpoint of getting any real momentum to the downside. Today, just like we saw on October 25th, and again on November 2nd, 9th and today, [...]
The bulls are sitting at extremes that haven’t been seen since March/April of 2016. As you can see in the chart below, this can persist for a while longer, but I’ll be surprised if we don’t start seeing some kind of bearish reversal on the indicator that leads to either [...]
