Three trade setups to watch today The vote that was expected in the House yesterday, was rescheduled for today. No doubt it will play some role in the market today as well as some additional volatility. Below are three trade setups to take a gander at. Pay close attention to the flow of the price
Three trade setups to watch today Big vote in the House today (or it may not even happen at all) on the ObamaCare repeal-and-replace. Whether it happens or not will no doubt affect the trajectory of the market today and tomorrow. Right now, they are saying that Trump is short a few votes in his
One bounce, one breakout, one breakdown trade setup With just three swing-trade setups this morning, I am covering a wide spectrum of trading styles that you can take with this market today. Dennis Gartman, the ultimate contrarian to go against in this market, said something broke in the market yesterday and that a 5% or
Short-term triangle pattern on SPX SPX has been coiling in a triangle pattern the past three weeks now, or essentially, this entire month of trading. It has pulled back to the rising trend-line that forms the bottom half of the triangle pattern. However, it has only experienced a mild, light volume pullback over the past
MS stock price at a place that could result in a hard bounce The banks have not been a fan of traders for the past couple of weeks. Take the MS stock price – the action in this stock, of late, has resulted in a near 10% correction. But now it could be ready to
Watch the trend-line on the chart of the S&P 500 A lot can change here today or this week if the rising trend-line as noted in the chart of the S&P 500 below fails to hold. You have a potential topping pattern – emphasis on “potential” – with a new all time high that was
Three trading tips for the week ahead We are coming off a pretty dull week of trading. Financials saw a pullback following Janet Yellen’s FOMC statement and there is a desire among traders out there to see the market perk up some to make things more interesting in the week ahead. I’ve put together three
Creating a list of stocks to watch is not complicated and actually straightforward I manage my list of stocks that I watch every day. I am subtracting and adding to them on a daily basis. Believe it or not, keeping and managing a well-put together watch list is not all that hard and what I
Stock charts I am watching to swing trade I’ll be the first to say that today’s trading session was incredibly boring from a price action standpoint. Apparently Wall Street observes St. Patrick’s Day. I had no idea. All kidding aside, tomorrow is quadruple witching day and that could create some exciting moments for the market.