A Tough Game for Swingers

04Mar4:18 pmEST

Stock Market Recap 03/04/15 {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...

04Mar3:05 pmEST

Going After Prized Real Estate; Chess Moves

I just went long SRS, which is the double-bearish ETF for the commercial real estate stocks (REITs). I went long at $12.03 with a protective stop-loss below $11.50. This position equates to roughly 4% of my trading portfolio capital. The top individual holdings to watch with respect to this play are: SPG AMT CCI. In my view, all three, and...

04Mar2:23 pmEST

Keeping the Count with Apple

It is still worth keeping tabs on AAPL, given how heavily it is weighted in the Nasdaq, as well as the stock's remarkable performance of late. On the updated 30-minute chart, below, note that price has reached the apex/nadir of the triangle pattern I have highlighted in light blue. With $130.30 lost last week (a key short-term level), $128.30...

04Mar1:05 pmEST

Switch-Hitting with Confidence; Chess Moves

After previously scaling gains, I just sold more of my DUST (the triple-short ETF for the gold miners in the GDX) long at $15.66 from my $14.61 entry posted yesterday. My stop-loss is at my entry to prevent a winner from turning into a loser. I am down to about 1/4 of the size of my original position, which was 4% of my trading portfolio...

04Mar12:13 pmEST

Waiting to See Their True Colors

Two trade setups I am watching can be found below. I am also short CAT, seen on the first daily chart. But I am looking to add to my bet if the stock can now churn a bit at its lower Bollinger Band on the highlighted (in purple) triangle breakdown. If so, I am considering an add to the bearish bet to play for an eventual break of the key $80...

04Mar11:13 amEST

The Impenetrable Fort Biotech

With the IBB ETF flipping green this morning, bears continue to struggle even in a down tape to crack those leading, winning, if not steep, biotechnology stocks which have been on a tear for several years now. Until that changes, I am likely to keep my shorts focused on individual stocks, and when I do short sectors and indices I will have one...

04Mar10:31 amEST

Surviving the Dust Bowl; Chess Moves

After scaling an initial piece yesterday, I just sold more of my DUST (triple-bearish ETF betting against the gold miners in the GDX) long above $15.50 from my posted $14.61 entry yesterday. I am now down to a 1/2 sized position in DUST, moving my stop-loss up to my entry price. As we discussed previously, when GDX lost its 50-day moving...

03Mar4:31 pmEST

Stock Market Recap 03/03/15 {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...

03Mar3:29 pmEST

Fun First Date Ideas

While other IPOs from 2014 have been struggling mightily, namely BABA GPRO HABT LOCO MBLY, Dave & Buster's has been all fun and games. On the daily chart, below, note the recent basing action for PLAY after its strong uptrend off the October 2014 IPO. This is the quintessential low float/short squeeze play to get some violence to the upside,...

03Mar2:19 pmEST

A Tough Game for Swingers

Trading Russia and crude oil has been a particularly choppy proposition for swing traders of late, as both charts (using the RSX and USO proxies, respectively) are still in overarching downtrends after effective crashes, trying to base out. To the bottom-callers' credit, though, both crude and Russia have not been kind to bears pressing for...