Here is the the detailed report I sent to subscribers last night:Market Notes:As price consolidates, the volume pattern is getting more and more ominous. Today's volume has turned me from neutral to slightly bearish on the market. I am more inclined to take on short positions on the focus list. Those looking to take a... Continue Reading →
Game Plan and Free Trade Report
Here is my game plan for the rest of the week and free trade report. Watch for the key SPY support levels. A continuation of the down move would setup some nice "oversold bounce" trades.http://docs.google.com/Doc?id=d5z8q8w_1296ffhsmdfnSeptember 2, 2009Note: I will not have access to a computer Thursday and Friday while on vacation, so there will be... Continue Reading →
Monday Game Plan and Free Trade Report
To see the report with charts, click hereAugust 24, 2009Market Notes:In the law there is a term called "de novo", which means to consider a matter anew. It's commonly used when an appeals court reviews a lower court decision. The appeals court can review the case with a fresh pair of eyes. I like to... Continue Reading →
Monday Game Plan and Free Trade Report
Here is the strategy I laid out for subscribers to start the week:http://docs.google.com/View?id=d5z8q8w_1205gxt3rxp3 The market is in a very bullish made right now. As we can see on the SPY chart, RSI confirms the recent breakout over resistance, as it makes new highs along with the index. The volume patterns shows there's some real velocity... Continue Reading →
3 Week Free Trial to the Trade Report
I am offering a 3 week free trial to my nightly Trade Report. The Trade Report features my current market outlook, updates on my own trades and my focus list which tracks the stocks I am looking to trade the next day. It is the journal I prepare for myself in preparation for the coming... Continue Reading →
Monday’s Free Trade Report
Here is the report I sent to subscribers to start the trading week.http://docs.google.com/View?id=d5z8q8w_1145dtxkzjcpA lot more longs than shorts, which is a clue for the overall market.
What You Need to Know About SPY’s Change in Character
My recent bias has been short term bearish, intermediate term bullish. Short term, the character of the market seems to be changing. Price made a strong reversal on Friday on decent volume. More importantly, price pierced through the 200 day moving average. This is bullish. The negative volume pattern is slowly losing steam. While not... Continue Reading →
Monday’s Game Plan
Here is the report I have sent to subscribers laying out my plan for Monday:Market Notes:Let's go over the state of the market on different time frames. The long term trend is bearish. We are still in a bear market. While I have not posted a long term chart, notice that the 200 day moving average (which... Continue Reading →
Free Trial of the Trade Report and Free Private Chat
I am offering a one week free trial to the Trade Report for those that interested in subscribing, along with a *half hour private chat* with me.You will have to sign up to the report via paypal through the link below. If at the end of 7 days you do not want to subscribe, simply... Continue Reading →
Last Night’s Trade Report
Here is the Trade Report I sent to subscribers last night. In it is also a link to Monday's report, which is probably more important.http://docs.google.com/Doc?id=d5z8q8w_828pc9n57gv