Essential Steps for Shorting SPY and The Stock Market

Shorting the stock market is never easy.  However, the market often gives us clues that increase the probability of a successful trade.  Two weeks ago we talked about those clues.How to identify a market short signalSince then the market made an attempt at remounting the 50 day moving average.  If SPY had held those levels,... Continue Reading →

How to Identify and Trade A Market Short Signal

Swing traders need a basket of "goto" setups that can be applied to different markets.  Two of my favorite are the breakout-remount and the breakout failure.  Mr. Market, aka SPY, offered us a little of both a few days ago with a remount that failed. Notice in the chart above SPY has remounted the 50... Continue Reading →

Trades: GMCR and AAPL

I exited the AAPL short today at $183 for a nice gain. Stock is nearing support. If support breaks, I may re-enter.This morning I entered GMCR SHORT based on the breakdown-pullback setup. Stop is above the moving average.

Trade: SDS

I entered SDS today. It is extremely oversold and RSI shows a positive divergence. The last 3 similar states have lead to decent, tradeable bounces.

FCX and PCU: Great Long and Short Setups

PCU and FCX are on fire. Technically, they look great on a pullback to support for long entry. However, they are very extended. Take a look at the distance from the 50 day moving average. I think we are due for a snap back. I will likely short on more strength.

Blog at

Up ↑