SharePlanner Reversal Indicator: Bears Have Legitimacy

SharePlanner — Tue, 11 Jun 2013 14:03:49 GMT

Buy Signal in Reversal Indicator Likely 2-3 Weeks Away

The S&P 500 has seen the market move lower now for the third time and four weeks. While this week is still relatively young that may not hold true by week's end, but nonetheless, we have definitely seen a pause in the aggressive buying that we had seen in weeks prior.

In fact right now the S&P 500 is in th...

Apple (AAPL) Has Technical Trouble Ahead

SharePlanner — Mon, 10 Jun 2013 14:36:03 GMT

Last week I was coming around to the notion that the Apple stock might in fact be on the verge to recovering, particularly with the inverse head and shoulders pattern that was forming.

But fast forward a week, and the condi...

Lazy Trade Long & Short: OCN & LEG

SharePlanner — Mon, 10 Jun 2013 13:54:55 GMT

May look at taking my first short trade in almost three months (that's a record for me)

That doesn't make me necessarily a perma-bull (though I do feel like it), I have just not found it, based on the way I trade personally, to successfully trade short in this market. However, this market does worry me, and has worried me for quite some time now, and with the solid gains I've been able to rack up from this m...

What To Expect When Stocks Move Below a Bollinger Band

SharePlanner — Thu, 06 Jun 2013 14:10:43 GMT

When Stocks Move Below a Bollinger Band

The last eleven trading sessions in this market has been anything but easy. Anyone suggesting otherwise is not being completely honest. Sure there is money to be made trading stocks, but the back drop of the Fed looms heavy on market participants and what they might do to prop this market up and keep from falling further into the red.

Humana (HUM) with ascending triangle breakout

I've only added one new trade so far today. A lot of stocks are trading at some heavy extremes intraday, particularly when you are basing it off of Pivot Points. I don't like to trade stocks when they are above the R3 level intraday, like we see in Amazon.com (AMZN) which has a great looking

What Is Going On Here?

SharePlanner — Wed, 22 May 2013 15:13:01 GMT

Bulls don't know whhat to do! It feels like the walls are caving in, the sky is falling and the Mayans were one year early on their end of the world prrediction.

We've sold off as much as 30 points and there is no telling whether there is more ahead.

I was stopped out of one of my positions this morning but it was one that I already had double digit gains in (RLGY for 11%). I tightened the stops on t...

Swing Trade Quick Pick: Hornbeck Offshore Services (HOS)

SharePlanner — Mon, 20 May 2013 14:01:46 GMT

I like this trade setup quite a bit and has served me well so far with Hornbeck Offshore Services (HOS).

I swapped Diamond Offshore Drillers (DO) for HOS and the net gain between the two has been much better had I just stayed in overextended DO.

The ascending triangle

Paul Tudor Jones Interview on 60 Minutes

SharePlanner — Mon, 06 May 2013 11:07:14 GMT

In case you missed the Paul Tudor Jones interview on 60 minutes last night, I've provided the video below for you to watch. One of the greatest traders of all time... definitely worth watching.

Here's the 60 Minutes interview...

Swing Trade Quick Pick: Mastercard (MA)

SharePlanner — Mon, 08 Apr 2013 15:21:24 GMT

Mastercard (MA) retraces for a nice entry (SODA)

Stock: Mastercard (MA)

Lazy Trade Long & Short: DISH & FSL

SharePlanner — Tue, 02 Apr 2013 14:03:05 GMT

Swing Trades that are confirmed and ready to go
Today's market popped early on and we have been in a holding pattern ever since. I'm leaning long and have already added the long position as shown below in...

Swing-Trades That I Am Watching To Go Long On

SharePlanner — Mon, 01 Apr 2013 15:21:59 GMT

Today's weakness not undermining the likely push higher
I didn't want to see us drop back below the 1564 level, but as of this posting we are trading at 1561. Despite that, I don't think the uptrend is broken or the progress that was made on Thursday for that matter made insignificant. Nonetheless, like what we have seen in the past, we will want the bulls regain control of this market and resume its tr...

A Lot of New Additions to the Short Watch-List

SharePlanner — Mon, 25 Mar 2013 13:33:04 GMT

A heavy dose of swing-trade short setups
We've seen the market put together a bounce after every sell-off of late. Particularly when there is a major push slower, the next day has responded with a heart-breaking rally for the
Swing-Trading Long List, much shorter and selective than my short watch-list
One thing that I am noticing with this market despite it being up close to 10 points as of this post, is that there isn't a lot of stocks following the rally. Instead there are a lot of individual stocks languishing while the SPX pushes closer to all time highs.
There are some out there that I rea...

SharePlanner Reversal Indicator: A Light at the End of the Tunnel

SharePlanner — Wed, 21 Nov 2012 13:28:10 GMT

Reversal Indicator technicals shows the potential for a sustained bounce
I've been skeptical of this week's bounce believing that much of it has to do with the historic bullishness of Thanksgiving week, amid a very
Targeting stocks that will be ripe to short after the market bounce
At this point, when compiling my short watch-list, I'm not looking for setups that are good for "right-this-moment' though there are some in this list, instead, what I'm looking for is a post-market-bounce list of short setups. Most of the desirable short plays out there have already made their move - i.e. the easy money has been made.&#...

Today's Trading Plan: Don't Be a Hero

SharePlanner — Thu, 15 Nov 2012 09:35:40 GMT

Pre-market update (updated 9:00am eastern):
Europe is trading -0.6% lower.
Asian markets traded in a wide/mixed range, from -1.6% up to +1.9%.
US futures are flat ahead of the bell.

Lazy Trade Long & Short: TDS & DKS

SharePlanner — Wed, 14 Nov 2012 15:45:16 GMT

Portfolio update on existing long and short positions
I've been active today primarily covering a couple of my short positions. The first was in Invensense (INVN) at $10.79 for a 4.6% gain. The other one (unfortunately) was in Lulule...

Clean Energy Starting To Look a Bit Dirty: Shorting CLNE

SharePlanner — Wed, 14 Nov 2012 13:55:47 GMT

Clean Energy Fuels (CLNE) Offering a Favorable Risk/Reward Setup
I've taken a short trade in CLNE at $12.88. The stock has a higher level of risk from the stand point of holding it overnight, as it has had the tendency to gap some of lat...

SharePlanner Reversal Indicator: Fiscal Cliff Edition

SharePlanner — Wed, 14 Nov 2012 12:46:45 GMT

SharePlanner Reversal Indicator - close but no cigar!
Last four days have proved frustrating for the bulls and bears a like, as we continue to see rapid sell-offs, bounces, and intra-day reversa...

Paul Tudor Jones Interview on 60 Minutes

Swing Trade Quick Pick: Mastercard (MA)

Lazy Trade Long & Short: DISH & FSL

Swing-Trades That I Am Watching To Go Long On

A Lot of New Additions to the Short Watch-List

SharePlanner Reversal Indicator: A Light at the End of the Tunnel

Today's Trading Plan: Don't Be a Hero

Lazy Trade Long & Short: TDS & DKS

Clean Energy Starting To Look a Bit Dirty: Shorting CLNE

SharePlanner Reversal Indicator: Fiscal Cliff Edition