• T2108 Chart Indicating Sell-Off Once Again

    It is always concerning to me when the T2108 Chart starts diverging from the market For those of you not familiar with the indicator, the T2108 chart measures the percentage of stocks that are trading above their 40-day moving average. Typically in a very healthy market where it is consistently making higher-highs and higher-lows, the

    By |Published On: March 8, 2017|2 min read|

  • Stocks Watchlist: CIEN, DOW, BLL

    We could be in for an interesting day tomorrow on the stock market if the closing price action is any indication. Bulls still have control of this market on the daily charts, but the bears intraday finally showed some signs of life today. Keep an eye out for that tomorrow and make sure to keep

    By |Published On: March 7, 2017|1 min read|

  • My Watch List for All Stocks Bearish Following End of Day Sell-Off

    That was one nasty market sell-off at the close today (comparatively speaking). Plenty of people were selling stocks, myself included. The biggest concern for me right now is that only 49% of stocks are trading above their 40-day moving average. That is with us only being about a week removed from having established all-time highs. 

    By |Published On: March 7, 2017|1 min read|

  • Stocks Watchlist: AMAT, XRAY, SLCA

    Three new trade setups – one of them long and the other being short. Either way this market decides to take us, you’ll have some options at your disposal. Keep the edge in your corner. Trade what you see always, manage the risk, and let the profits take care of themselves.  Here’s the Stockwatch: Long

    By |Published On: March 6, 2017|0 min read|

  • My Watch List for All Stocks Bullish

    Stocks are a little shaky to start the week, my watch list is most filled with red stocks trading lower. Nonetheless, I have managed to put together a decent list of about eighty stocks that are worth paying close attention to this week.  Trading My Watch List With any of these, the key is

    By |Published On: March 6, 2017|1 min read|

  • Stocks Watchlist: RHT, TXN, ETFC

    Futures on Sunday night opening up weak, but what the futures do and what the actual equity market does when it opens up in the morning have little bearing on each other. So be prepared for the market trading lower or higher, don't assume, and manage the risk accordingly and I'm sure you'll be just

    By |Published On: March 5, 2017|1 min read|

  • Snapchat Stock Value Is More Than These Companies

    Snapchat Stock Value is through the roof and can’t be justified Snapchat (SNAP) IPO date was yesterday and it came out soaring. Everyone is looking for a reason to buy and if you haven’t bought (me included) you are the exception not the rule. I have received a lot of emails lately from people

    By |Published On: March 3, 2017|2 min read|

  • Stocks Watchlist: RXN, AMKR, MSCC

    No follow through for stocks yesterday. The market is a little bit tipsy here and if you need to simply not trade today until you can get a better feel for this market, well, that is okay too. I don’t blame you one bit. As always, manage the risk on the trade, youll be fine

    By |Published On: March 3, 2017|1 min read|

  • Caterpillar Stock Price Taking a Beating: Here is the Support Levels to Watch

    The beloved stock on the NYSE CAT is getting pummeled today. And if you have been watching the financial news or following me on Twitter, you’ll know that they are getting investigated today by practically every agency in the Federal Government at their corporate offices. This isn’t new for Caterpillar (NYSE: CAT) as it

    By |Published On: March 2, 2017|2 min read|

  • Stocks Watchlist: DOW, CRM, CAT

    Holy cow, did you see that rally today? Where did that come from? Because for the past fifty trading sessions we have been trading in less than a 1% trading range. What a nice change of pace for once! Obviously the market liked the Trump speech from last night, and that’s all fine and dandy,

    By |Published On: March 1, 2017|1 min read|