Daily Archives: April 4, 2024

Showing articles 1 - 7 (7 total)

02Dec4:31 pmEST

Stock Market Recap 12/02/14 {Video}

The following video contains coverage of relevant broad market issues (for equities) in addition to plenty of actionable trading ideas across other asset classes. Feel free to pick and choose which ideas and parts of the analysis fit your style. Always properly manage your downside portfolio risk for any trades taken.  Enjoy tonight's...

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02Dec3:33 pmEST

Still in Time-Out Mode in the Corner

Although I sold the rest of my bearish energy sector ETF yesterday morning to lock in that win, I did not flip long for the bounce. Instead, I still view bounces in the energy stocks as suspect and prone to rolling back over. The reasoning is two-fold. First, there has been meaningful, high sell volume technical damage sustained. Beyond that,...

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02Dec2:30 pmEST

Twitter Opting for the Red Bird

Sentiment on the TWTR stock seems to be at an interesting juncture, with many convinced of the long-term bull case. After all, the real-time/breaking news aspect of the platform is certainly on the cutting edge. Nonetheless, I posted the bearish technical setup yesterday on Stocktwits. And, despite a market bounce today, the Twitter bird is...

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02Dec1:37 pmEST

Chopping Away at the Choppy Action

The market bounce today is chopping away at momentum traders, as the individual stock action appears lethargic on many fronts. Sure, issues like DGLY  TASR are giving action. But plenty more, such as AMZN GOOG PCLN TSLA YELP, are in the red and notably lagging even an oversold bounce. The IWM ETF 30-minute chart, first below, shows the small...

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02Dec12:19 pmEST

We May Not Have Heard the Last from Ebola

In addition to DGLY (watch that one over $18.50 intraday for another leg higher), Ebola protective-gear plays APT LAKE are hot again today for momentum traders. On their respective 30-minute charts, below, you can see the stocks essentially moving in unison, which we have seen for a good while. They each broke higher last week, pulled back into...

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02Dec11:35 amEST

Just When I Thought I Was Out of Ebola...

...they pull me back in! Back in a moment with some charts on APT LAKE, the two hot Ebola plays running again this morning.

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02Dec12:02 amEST

Late Night Strategy for Tuesday

On the long side, let's stick with RRGB with a $70 trigger above as a setup to squeeze shorts in this low-floater. The causal dining plays have shown relative strength of late. And this one looks as set-up as any of them. And on the short side, if Intel and the semiconductors are truly acting toppy here, then I have my eyes on the levered...

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