Tesla coils up for another trade TSLA

[youtube id=”LwJ-ASNcv8g”] Shares of Tesla have come a long way off their May lows and by early August had revisited their all-time highs from February. Over the past few weeks the stock began to consolidate and coil up below a clear line of resistance, which favors an ultimate break higher.

How to keep calm and carry on trading

Video: Tips to keep calm and keep out the emotions while trading https://www.tradingfloor.com/posts/berger-how-to-keep-calm-and-carry-on-trading-1057169  

Never short a dull tape

Stocks remain resilient ahead of Friday’s Jackson Hole central banker meeting. To short or not to short? Read my full take here: https://www.tradingfloor.com/posts/us-stocks-never-short-a-dull-tape-1410572

Twitter readies another move higher

On Friday, TWTR gained 2% and broke a medium range resistance area. Serge sees continued positive momentum in the stock.   Watch the short video here: https://www.tradingfloor.com/posts/berger-why-twitter-is-a-buy-1430540    

Earnings Push TJX Stock Into a Promising Position

Traders now have two options following TJX’s Tuesday rally Discount apparel retailer TJX Cos. (TJX) had a double whammy Tuesday, reporting better-than-expected second-quarter results and raising its fiscal-year earnings guidance. In response, TJX stock took a sizable leap and bumped right into a key medium-term technical resistance level. Read my analysis here: http://investorplace.com/2014/08/tjx-stock-charts/#.U_T6p2OueKI  

JC Penney looks giddy for a rally

Watch the video: https://www.youtube.com/watch?v=A2oPTcD3A3k Share of JC Penney had a difficult time in recent years but the price action over the past twelve months or so has become decidedly more bullish. In recent days since last week’s earnings report the price action has taken a further bullish step.

Industrial Sector Wobbling On Weak Support

With last Wednesday’s post FOMC rally, many US indices and stocks hit fresh year to date highs and forced more than a few fund managers to chase the market higher.  It turned out however that buying Wednesday’s highs likely was neither the smartest nor ‘coolest’ thing to do, as after a consolidation day on Thursday, […]

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