Tiffany could sparkle despite dollar gloom
US domestic consumer discretionary stocks look attractive in this surging US dollar environment as its deflationary forces help the purchasing power of the US consumer. Luxury goods retailer Tiffany & Co (TIF:xnys), with only about 50% of its sales in the United States, is currently seen by many analysts as a company struggling from the […]
Should You Be Trading?
If the headline to this article caught your attention, then you probably have at least a moderate interest in markets and thus already semi-qualify to consider becoming a part-time trader. Trading is cyclical in terms of the number of participants. Rampant bull markets turn everyone into stock market gurus, while long slumps in stocks cause […]
A straightforward breakout setup in Lululemon
As stocks continue to climb the wall of worry there are less and less stocks to buy up here. Some stocks however have in the meantime found new higher bases from which better risk-reward on the long side is setting up. Lululemon (LULU) is one of those stocks..here is the setup I am watching. Watch […]
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Not the time to chase transportation stocks higher
The transportation stocks have led this magic rally off the mid-October lows higher. Traders in just about all time-frames must however focus on the high probability trades, and buying the transportation stocks up here on this overshooting move on a risk-adjusted basis is a weak setup. The chart tells us something very straight forward. Watch […]
Activist investors can be a shareholder’s best friend
Activist investors are feared by corporate CEOs the world over and have, over the years, built up a reputation as the unruly shake-up masters of Wall Street. While not all activist investors are created equal, a number of them do deploy rather crude and in-your-face strategies, sometimes with the intent of instilling shock and awe. […]
US Stocks: Hold the line
No, not THIS Hold The Line. What I am referring to is the near-term support line that the S&P 500 on Wednesday once again managed to hold and bounce from. The concept as such is quite simple really: when former resistance becomes support…it ain’t bearish until support breaks. Read the full analysis here: https://www.tradingfloor.com/posts/us-stocks-hold-the-line-1590927
What to watch for a top in the S&P 500 SPX
At what level would I call a trend reversal in the S&P 500? That’s the question I have received at least a dozen times thus far this week. While the price action for the S&P 500 is important, for a trend reversal to be called one also needs to look at confirmation in other parts […]
Facebook sets up for a gap-fill trade
Facebook continues to shower the aware traders and investors with opportunities both long and short. After its post earnings sell-off in October the stock has consolidated in a sideways range and now looks to be readying a gap-fill move. Watch the short video here: https://www.youtube.com/watch?v=phRHbcUZFx8