McDonald’s Stock, Too Much Too Fast
Shares of McDonald’s while a great performer year-to-date has taken its most recent rally into too vertical an ascent to sustain at this rate. The company reports earnings on April 22nd and just about any reaction by the stock after earnings should set up a trade to the downside. Watch the Free Video for the […]
Utility Stocks At Risk
Utility stocks are higher by about 13% for 2016 and the best performing sector. While ultimately this rally could continue later in 2016, for the time being the rate of change or slope of the line looks to be too steep and at the very least a pause is in order. Watch the Free Video […]
Energy Stocks, What Now?
On Tuesday April 12th oil rallied on the back of hopes of production freezes by oil producing nations. This also led to a rally in oil-related stocks, which broke past some important technical resistance. What does this mean and where to from here? Watch the Free Video for the trade setting up in oil and […]
NVIDIA Stock’s Unsustainable Rally
Shares of NVIDIA Corp (NVDA) have rallied around 45% off their February lows and increasingly look to be putting in an exhaustive move to the upside. While there is no confirmed sell or shorting signal just yet in the stock, the options market may allow traders to take an initial stab at a bearish near […]
Bank of America Stock Trade Setup
After a sharp v-shaped reversal off the February lows shares of Bank of America (BAC) have yet to show any meaningful bearish reversal and thus the path of least resistance remains to the upside until a price reversal rears its head. Watch the Free Video for the trade setup in BAC stock.
Lululemon Stock Breakout
Shares of Lululemon Athletica (LULU) are rallying after the most recent earnings announcement that came in better than expected. As a result the stock is attempting an important breakout move past lines of resistance on all time-frames. If this move can stick then plenty further upside should be ahead for LULU stock. Watch the Free […]
GM Stock Looks Tired
After a 20% stampede rally off the February lows shares of General Motors late last week bumped right into a layer of technical resistance. The path of least resistance for the near-term and for now looks to be to the downside. Watch the Free Video for the trade setup in GM stock.
Tesla Stock Overbought
Take a $7 Clubhouse Trial Shares of Tesla Motors (TSLA) after a 60% run off the February lows where I warned of an imminent sharp bullish reversal now is dramatically overbought in the near-term. Active investors and traders will find good reward to risk opportunities on the short side and book long-side profits. Watch the […]
Apple At Technical Resistance – For Now
After a sharp v-shaped reversal rally off the February lows that so far measured about 16%, shares of Apple Inc (AAPL) are reaching better technical resistance. With the product launch event from Monday out of the way maybe the next move for the stock will be lower. Watch the Free Video for the trade setup […]
Amazon.com Stock vs Wal-Mart Stock
The long Amazon.com (AMZN) versus short Wal-Mart (WMT) stock trade is a popular one among many hedge funds. While the trade makes sense structurally, over the past few months the opposite of this trade has worked. Furthermore, it looks like WMT stock could continue to show both absolute and relative strength versus AMZN stock in […]