Stocks

6/2: Nearly three months of consolidated trading that it is starting to emerge out of. Once this happens, this is a risk reward setup that could return 3:1 for the amount risked. Continues to find support at the 50-day MA and looking to make an intial push towards $37 for starters. Once that is cleared,

Since early May, Apple (AAPL) has given itself a nice $10+ move, going from just below $90 to over $100. But over the last four trading sessions, the stock has managed to trade lower. So what should we take from this?  First off, the stock has pulled back on light volume, but in doing so

Technical Outlook: Another day where the bulls might not be ambitious for higher prices, but still willing to buy any dip that comes the market way. Despite the early selling, SPX managed to finish the day in the green yesterday.  At some point this month, the brexit vote will become a concern for the market.

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Yes, I am speaking of the Oracle of Omaha – Warren Buffett.  When it comes to technical analysis, I could care less who you are, if there is a trade setup,and it happens to be one where the risk is manageable, then yes, I will short you. 

Stocks can go up and down all they want, but until there is a break out above or below of the 5-day trading range that price action has been stuck in on the 30 minute chart, there is little reason to get more long or more short.  Right now I am 30% long, 10% short,

It was a great month of trading during the month of May. Get ready for an even better one in June by signing up for the SharePlanner Splash Zone. See for yourself what a membership can do for your portfolio by signing up for a Free 7-Day Trial. With your membership, you will get each and

I wouldn’t go as far to day that it is a head and shoulders pattern on Boeing (BA) because if it is, that left shoulder is pretty dilapidated, not to mention the right shoulder as well. But there is a clear line of support between $125.00 and $125.80 that if price can push through

The bulls are off to a slow start, but at this stage of the rally, give them the benefit of the doubt. I can justify shorting a stock, as long as it is to hedge some existing gains on current long positions. But to be net short right now on this market, as the bulls

Technical Outlook: Quiet move in the market on Friday that led to another nice gain for the bulls.  Slight uptick in volume on Friday but well below recent volume averages. This market has all the makings of a market the wants to continue to move higher, however, there are numerous resistance levels overhead between the