Stock Market Recap 11/25/14 {Video}

28Nov12:22 amEST

Late Night Strategy for Friday

With crude oil getting drilled over Thanksgiving break, I expect my ERY long (triple-short the energy sector stocks) to do well on Friday. I may consider adding to the position, discussed in more detail in this blog post on Wednesday, if dip-buyers get stuffed on bounce attempts. As for bottom-fishing crude oil itself, there is no doubt...

27Nov5:14 pmEST

Accompaniments to Your Thanksgiving Dinner

First, here is some relaxing music to have on with your Thanksgiving dinner. In addition, here is a great graphic from Deadspin with every state's most distinct Thanksgiving dish. I will be back later tonight with commentary on the swoon in crude oil futures. Enjoy yourselves!

27Nov9:29 amEST

Turkey Talk

Happy Thanksgiving morning! Putting politics to one side, here was an interesting radio bit that Michael Savage did on how to prepare the Thanksgiving turkey, as well as other food talk for this Festivus day of feasting.

26Nov4:24 pmEST

Stock Market Recap 11/26/14 {Video}

The following video contains coverage of relevant broad market issues, as well as plenty of actionable trading ideas across all asset classes. Enjoy tonight's video, and enjoy your evening. HAVE A HAPPY, HEALTHY, AND SAFE THANKSGIVING! Direct Vimeo Link Click Here

26Nov2:17 pmEST

Drillers Getting Drilled; Chess Moves

With the weakness in many energy names persisting today, I went long ERY (the triple-short energy sector ETF) at $18.32. I placed 4% of my trading portfolio into this position, with a protective stop-loss below $17 if I am wrong. Energy stocks have shown relative weakness for a while now, along with crude oil. I have seen plenty of...

26Nov12:25 pmEST

Ready for Round Two

Here is a quick update for another potential entry into UGAZ, the triple-long natural gas ETF. On the UNG daily chart, below, of the straight-up natty ETF, you can see that today's session has seen some wild price swings with the inventory report. Still, it is impressive to see bulls hold the key $22 level I have been observing. If the...

26Nov10:43 amEST

Ideas Before the Thanksgiving Festivities Begin

HAIN has been a long setup mentioned here for several days now, and the 30-minute chart, first below, shows a nice breakout and subsequent high/tight bull flag consolidation. Watch it over $112.50 for more upside. WYNN is still a short setup, particularly if it breaks $176, below, seen on the second daily chart. In addition, holiday week long...

26Nov10:05 amEST

The Way I See it, Everybody Takes a Loss Sometimes; Chess Moves

With the resurgent strength in Facebook, I elected to cover my short position, which was 6% of my portfolio, at $76.27 from $74.09 and $73.62 entries for a loss. The short looked promising, but buyers defended the potential breakdown in the near-term. The stock is up against a 50-day moving average, however, and my be back in my short radar if...

26Nov12:31 amEST

Late Night Strategy for Wednesday

Both RUSL and JNUG, the triple-long ETF's for Russia and the junior gold miners, respectively, will undergo the notorious reverse split on December 23rd . That news reminds me of some actionable ideas for Wednesday. I am viewing JNUG as a long idea if GDXJ (the straight-up junior gold miner ETF) can clear $29. 80 above. Meanwhile, Russia is...

25Nov4:52 pmEST

Stock Market Recap 11/25/14 {Video}

The following video contains coverage of relevant broad market issues, as well as plenty of actionable trading ideas across all asset classes. Enjoy tonight's video, and enjoy your evening. Direct Vimeo Link Click Here