Selling Stocks

My Stocks Watchlist for Short Setups Yes, a stocks watchlist for bearish trading setups might not be the best idea on the surface for trading in this market. But I always keep one. How can I can I not? The market can turn at any moment, and one day that moment will arrive. Now while

Technical Analysis: The S&P 500 (SPX) jump started the Santa Rally with a hard sell-off yesterday that sent equities reeling nearly 1% and to the lower end of the short-term trading range.  Price broke the 5-day and 10-day moving averages and threatens to test the 20-day moving average today. This is the strongest sell-off seen since the

Technical Analysis: The Federal Reserve raised interest rates yesterday by a quarter point. Initially the S&P 500 (SPX) tried to rally on the news but quickly gave up its gains on the day to finish 0.8% down on the day.  SPX also managed to close below its 5-day moving average for the first time since 12/2

Technical Analysis: The S&P 500 (SPX) did little to nothing on Friday as price maintained the status quo while also upholding support at the August 2016 highs.  There exists still the potential for a test of the 20-day moving average.  Volume on SPDRs S&P 500 (SPY) fell for a second consecutive day, and came in below recent averages. 

Technical Outlook: S&P 500 (SPX) dropped for a third consecutive day yesterday. If the market sells off today, it would mark the first time since June 15th that SPX sold off four straight days.  On the volume side, SPDRs S&P 500 (SPY) saw a third straight day of rising volume and came in at average levels.  GDP

For those wondering when they should be taking profits on their oil trades, never fear, Dennis Gartman just went bullish on crude.  For those who are not aware, this is the individual who has a track record of being the most perfect contrarian indicator that our generation has ever seen.  Yes, Jim Cramer was

It is the best rally that the market has seen in over a month. But there is plenty to be concerned with here still.  For one, SPX doesn’t seem to crazy about wanting to push through the 20-day moving average, but it hasn’t been rejected by it yet either. If a hard rejection happens

Technical Outlook: Attempted bounce early on yesterday eventually resulted in a sell-off in the afternoon that saw SPX finish lower for the fifth time in the last six trading sessions.  A late day rally attempt yesterday fell apart.  Yesterday marked the first time since 3/24 that SPX sold off three straight days.  Volume on

Let’s just say that the Russell index does not like to put forward a good challenge to the 50-week moving average and this week has been no different. After testing the 50-week moving average last week for the first time since early December of last year, the Russell index tested it this week too. And

I am a little bit surprised the the market has shown no willingness to follow through on Friday’s rally off the the lows. So far today it has simply been a steady decrease in price across all the indices and stocks in general.  In fact the decliners are holding a 3:1 advantage over the advancers,