Alligators and Stocks
As I paddled through the Florida swamp the other day and spotted a few alligators I was reminded of one of the most important patterns in the stock market. Know and respect this pattern and it will go a long way to keep you out of trouble in the stock market. Watch today’s VLOG Help […]
My Daily Stock Research Routine
A rigid daily or weekly market research routine is essential for success as a trader and investor. My process allows me to get my research done in the morning and then be away from the desk for most of the day, checking in on the markets from my mobile devices. Don’t get chained to your […]
You Love This Trade
The difference between a winning and a losing trade is often times how we a) manage the risk and b) structure it. Yesterday I closed a trade in shares of Michael Kors (KORS) for nice profits and the trade was structured in a way that greatly put the odds in my favor. Watch the Free […]
Three Key Charts on USD JPY
Three charts on USD JPY for perspective: 2015 highs came in line with long-term resistance The selling pressure has broken the 100 week moving average, which as you can see historically has been a good indicator. A re-test now looks likely before potentially resuming lower. […]
Exxon Mobil Stock Exhibits Relative And Absolute Strength
Markets continue to be in a tough spot but shares of integrated oil company Exxon Mobil (XOM) are showing some promising absolute and relative strength. After a solid bottoming process the stock is looking to break past a next layer of technical resistance as investors flock to higher quality stocks. Watch the Free Video for […]
Your Strategy for the Russell 2000 (IWM): Sell the Rallies!
We are only four trading sessions into the new year and the Russell 2000 — as represented by the iShares Russell 2000 Index (ETF)(NYSEARCA:IWM) — has already fallen more than 6%. It has been an ugly start to the new year to be sure, but it might just be the beginning of a much more volatile year […]
S&P 500 Road-Map for September & October
Summer has just about run its course and September is upon us. With this slow change in seasons will likely also come an at least somewhat heightened period of volatility for the stock market…at least if history is any guidance from a seasonal perspective. Watch today’s VLOG to see a possible path for the S&P […]
Juicy Trading Setups for the Week ahead
After another better than expected jobs report last Friday stocks continued their surge and this led to another round of breakout moves in important parts of the stock market. As a result, next week a fresh set of stocks and sectors is setting up for moves higher, including technology and financial stocks. Watch today’s VLOG […]
Beware of this Stock Breakout
Stocks continue to climb the wall of worry. Part of the reason for the continued ascent in stocks is a fairly orderly rotation from sector to sector and industry group to industry group. The energy and basic materials sectors are now flashing new trading setups in stocks like Potash (POT) and Mosaic (MOS) among others. […]
Chipotle Mexican Grill Stock Still Points Lower
It has been a brutal six months for shares of Chipotle Mexican Grill (CMG) as the stock from peak to trough fell about 50%. After a relief bounce over the past couple of months the stock has seen renewed selling pressure and the path of least resistance for now looks to be to the downside. […]