Trading Stocks & Personal Development: Making the Complex Simple.
Today's stock chart of the day is Biotechnology ETF IBB. The pulled back hard taking a number of hot biotech stocks down with it.Subscribe to The Market Speculator by EmailThe fact that IBB pulled back hard is a concern for the market since it has been leading the market.However, the stock is sitting right at they... Continue Reading →
One of my favorite trades is playing the post earnings breakout range that develops within stocks that have had a strong earnings catalyst the previous two weeks to 2 months.Subscribe to The Market Speculator by EmailUlta is a good example and has formed a $148 to $155 range. Buy the bottom, sell the top. It doesn't get... Continue Reading →
Sometimes swing trading is easier than we make it. In the trading game it literally pays to keep it simple.Our stock of the day, EA is a great example of the KISS method. When do you buy EA?That's easy. When it pulls back to the 50 dma or when stochastics near oversold levels. It's a... Continue Reading →
Today's swing trade stock chart of the day is DIG. Energy is showing positive money flow and the sector has broke out over the 50 day moving average. Here we can place a stop under the moving average with a target at the recent February pivot high at $57.Subscribe to The Market Speculator by EmailI... Continue Reading →
Today's swing trade stock chart of the day is HD (Home Depot). In the Trade Report we have been watching residential real estate stocks for a few weeks now and of course, building material and home improvement stocks move in line with real estate.Subscribe to The Market Speculator by EmailHome Depot broke out on strong... Continue Reading →
MNST broke out on heavy volume a few weeks ago and has been forming a nice post breakout base ever since. This consolidation sets it up for a leg higher and a "trading the post breakout range" setup. Look to enter either 1) on pullback to bottom of the range or 2) breakout of the... Continue Reading →
One of my favorite swing trade setups is the breakout-pullback setup. Recent IPO Virgin America broke out over it's 5 week range and has now pulled back to the old high. This high converges with the new 20 day moving average, offering two levels of support. Entry in the $38-40 range, with a stop under that... Continue Reading →
One of my favorite swing trade setups is the breakout-pullback setup. While the market has pulled back, retail jeweler $SIG has held up well, pulling back to the key 50 dma level. An entry here with a stop under the 50 dma and target near recent highs around $133 offers a nice 3:1 reward to... Continue Reading →
Swing traders should always track open gaps when looking for good entry levels for a momentum stock. The old adage that all gaps eventually get filled may not be 100 percent accurate, but it does give the swing trader an edge.GPRO has been on fire of late. On Monday I noted to Trade Report member... Continue Reading →
Paul J Singh 