Late Night Strategy

Showing articles 21 - 22 (22 total)

21Nov12:47 amEST

Late Night Strategy for Friday

ACHN is back on watch as a long idea to squeeze shorts in the biotech space. As you can see on the daily chart, below, the stock is forming a tight consolidation pattern (light blue lines) within the context of an overall uptrend. I am looking at a move over $13.60 to set the squeeze/breakout in motion. On the short side, keep an eye on major...

20Nov12:58 amEST

Late Night Strategy for Thursday

With the weak reaction to the Fed Minutes on Wednesday, I am now interested again in shorting bonds. Looking at the TLT ETF for Treasuries, below on the daily timeframe, I am going to likely play inverse ETF's TBT and/or TMV if TLT loses $118 below--You can see the well-defined base for a potential breakdown with more selling. I would also...

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