Three trade setups to watch today Did you like that bounce this morning off of the morning lows? I said to be aware of it in my trading notes I released in the premarket. This isn’t some crazy prediction come true by me, but really just years of observing price [...]
Three trade setups to watch today Flasing signs of it being the end of the trump rally, the market is selling off pretty hard this morning, so you’ll want some short setups to explore should the weakness hold. One work of advice, be careful of Monday morning gap downs. They [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Breakout trading opportunities to watch for: Yesterday we talked about a form of breakouts that discovered and used by Nicolas Darvas Box trading that you can check out right here. This time around I want to highlight further the different forms of breakout trading. The S&P 500 bounced hard today [...]
Nicholas Darvas Box Trades to watch for: Darvas Box trading was started by Nicolas Darvas a long time ago and even wrote a book titled, “How I made 2,000,000 in the Stock Market” and it is one of my favorite trading books of all time. It is actually a very [...]
The market was dull as can be, and any stabs at momentum trading was quickly vanquished as the day wore on. Tomorrow could be more of the same as the north east prepares for a massive snow storm, along with the FOMC on Wednesday, which also can create some dull [...]
After the big surge higher that we had just two Wednesdays ago, the stock market really hasn’t gone anywhere, in fact, the tendency has been to sell any and all rallies that come our way. That may persist into the week ahead. Stocks symbols and their respective charts are decaying [...]
