Pre-market update (updated 8am eastern): European markets are brading 0.4% higher. Asian markets traded flat. US futures are trading slightly higher ahead of the opening bell. Economic reports due out (all times are eastern): Challenger Job-Cut Report (7:30am), International Trade (8:30am), Jobless Claims (8:30am), Quarterly Services (10am), EIA Natural Gas Report (10:30am), Consumer Credit (3pm) Technical
Not much to talk about here. So many stocks that I had been watching are now invalid either because of the technical damage suffered last week or the huge ramp up experienced thereafter. As a result there isn’t a lot of stocks that catch my eye as being solid trading opportunities. Of those stocks listed
Wall Street Nole’s Day-Trading Weekly Top 5 Watch-List This list is made up of high probable stock setups from the previous week’s price movement. These tickers tend to match my criteria of volume, high range,and historical price movement with suitable risk vs reward setups. These stocks also have a lower market correlation and
Wall Street Nole's Morning Stocks to Watch for Day-Trading "Oh, the best part of waking up..." Happy New Year form the SharePlanner trading community. I hope it's prosperous and successful for all. All eyes on capital hill this morning as we await the pivotal information of the fiscal cliff. Please be careful
I know – the travesty in not doing the typical “Evening Tape” format! Tonight I decided to do a market vid, and discuss the general market whereabouts, including a disecting Gold (GLD), Silver (SLV), Urban Outfitters (URBN), Chipolte Mexican Grill (CMG). Here’s the Trade DIscussion Video:
Technical Outlook (SPX): SPX made a strong recovery yesterday into the close, eliminating much of the weakness from earlier in the day. Today the market is experiencing additional strength off of positives out of Europe. A close above 1358-60 would be huge for market bulls. Would confirm that the upward trend is still intact and
Let me tell ya… It wasn’t easy finding 4 stocks that were bucking the trend and close to, or in the process of breaking down. But I did, and I earned a little overtime in the process. Nonetheless, out of the four stocks below, I like Silver (SLV) the best. That thing has one
For those of you interested, I thought it might be helpful to have all of the leveraged ETF's in one place. Feel free to copy and paste them onto your computer for easy reference. The first are 3x leveraged, followed by 2x leveraged. BGU - Direxion Daily Large Cap Bull 3X Shares BGZ - Direxion