Kara Crawford at kara@traderplanet.comadmin@traderplanet.comTraderPlanet.com :: KeystoneTrading's Commentarieshttp://www.traderplanet.com/TraderPlanet.com offers its popular content for commercial syndication via RSS. The feeds include backlinks for the full articles and automatically assign author attribution, which is required. To syndicate these RSS feeds on a commercial Web site, TraderPlanet.com, LLC requires the execution of standard linking agreement. Contact Kara Crawford at kara@traderplanet.com for further details.en-usFinancialshttp://www.traderplanet.com/commentaries/view/80931-financialshttp://www.traderplanet.com/commentaries/view/80931-financials<p>Yesterday trading presented good opportunity to execute and hold solid trade ideas throughout the morning session.  While the markets price action was not a screaming long it did support good long trade ideas once it hit monthly highs.  The financials in particular showed good strength in the markets yesterday, which was led by Goldman Sach making new monthly highs and JP Morgan JPM) hitting new 52 week highs .  I also notice strength in the insurance part of the financial sector with HIG and...</p><a href='http://www.traderplanet.com/commentaries/view/80931-financials'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comThu, 17 Feb 2011 20:39:36 +0000Markets and the XLEhttp://www.traderplanet.com/commentaries/view/80378-markets_and_the_xlehttp://www.traderplanet.com/commentaries/view/80378-markets_and_the_xle<p>Today the markets continued it move higher in a relatively lack luster way compared to Fridays action when the turmoil in Egypt soften with Hosni Mubarak stepping down as president.  The strong buying in the markets continues as two of the major three indexes make new 52 week highs.  The Dow Jones Industrial Average was the index today that did not make new highs with the SPY and NASADQ, which could have prompted a sell divergence in the markets, but was not realized in today’s price action. ...</p><a href='http://www.traderplanet.com/commentaries/view/80378-markets_and_the_xle'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comMon, 14 Feb 2011 22:21:15 +0000Very Stock Specific Markethttp://www.traderplanet.com/commentaries/view/73329-very_stock_specific_markethttp://www.traderplanet.com/commentaries/view/73329-very_stock_specific_market<p>This morning trading was a bit difficult as we had a big sell off during yesterdays closed, which cause this morning price action to present difficult opportunities due to the lack of follow through broad base for both long and short trading ideas. I’m betting most traders who were able to book profits, did so into momentum and were very diligent in determining risk-only trade compare to trade ideas that had good probability for follow through.</p><p>Another element that created a difficult trading ...</p><a href='http://www.traderplanet.com/commentaries/view/73329-very_stock_specific_market'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comThu, 16 Dec 2010 00:02:49 +0000Market Actionhttp://www.traderplanet.com/commentaries/view/72152-market_actionhttp://www.traderplanet.com/commentaries/view/72152-market_action<p>The SPY had a strong buying yesterday as we broke above two week trading range, closing above the daily 20 sma resistance level.  Good economic data out of the U.S. with the FED Beige Book reporting improvements in the manufacturing sector and good global economic data help support the market rally.  If SPY price action can hold above 20 sma and not fall back into trading range the next move is to test the November highs of 122.95. </p><p>The technology sector did well in relation to the semi-conduc...</p><a href='http://www.traderplanet.com/commentaries/view/72152-market_action'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comThu, 02 Dec 2010 06:35:52 +0000Yesterday Tradinghttp://www.traderplanet.com/commentaries/view/71972-yesterday_tradinghttp://www.traderplanet.com/commentaries/view/71972-yesterday_trading<p>With the markets trading sideways yesterday between the 20 and 50 sma on the daily charts follow through is limited until price action can break through support or resistance level. Looking at the hourly chart we can see intra-day there are a lot of support and resistance levels that need to factored in trading decision and game plan.</p><p>With this being said, it is very important to focus your game plan on the best sectors and stocks to achieve the highest probability for follow through. Having s...</p><a href='http://www.traderplanet.com/commentaries/view/71972-yesterday_trading'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comTue, 30 Nov 2010 13:41:21 +0000What’s in the Newshttp://www.traderplanet.com/commentaries/view/71659-what_s_in_the_newshttp://www.traderplanet.com/commentaries/view/71659-what_s_in_the_news<p>Over the past few months the dollar has been on steady rise against most major currency pairs. With the debt crises emerging again with Ireland accepting bailout funds from the ECB and with the continued concern of the debt crises spreading to other European countries such as Portugal and Spain many investors have been flocking to the dollar and gold as a safe haven. The 10-year bond spreads of Portugal and Spain against the German bond are near their highest levels since the Euro inception. ...</p><a href='http://www.traderplanet.com/commentaries/view/71659-what_s_in_the_news'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comSun, 28 Nov 2010 18:09:30 +0000Updatehttp://www.traderplanet.com/commentaries/view/71263-updatehttp://www.traderplanet.com/commentaries/view/71263-update<p>Well the SPY did not hold the 20 sma on the daily charts. price action declined sharply during the better half of Monday morning when the new of Ireland receiving 90 billion euro bailout from the ECB was announced. This led to a sharp decline in the SPY while the dollar pushed higher against the euro, sending gold higher throughout the day and depressing commodities. We did recover most of the decline in Mondays afternoon trade, just to open lower on Tuesday morning with no real follow throug...</p><a href='http://www.traderplanet.com/commentaries/view/71263-update'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comWed, 24 Nov 2010 09:13:23 +0000Looking Forward in the Weekhttp://www.traderplanet.com/commentaries/view/70984-looking_forward_in_the_weekhttp://www.traderplanet.com/commentaries/view/70984-looking_forward_in_the_week<p>Looking forward this week, if the SPY can hold its daily 20sma would give me greater confidence that we trade higher to test 123.00 resistance level. With the Thanks Giving holiday coming up this Thursday I would not be surprised if there is light volume trading this week. With that said, it is important to focus on the right stocks/sectors and good risk/reward trade scenarios so we can have the highest probability of follow through for our trade ideas.</p><p>One stock in particular that I will be w...</p><a href='http://www.traderplanet.com/commentaries/view/70984-looking_forward_in_the_week'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comMon, 22 Nov 2010 06:26:34 +0000Chart Talkhttp://www.traderplanet.com/commentaries/view/70287-chart_talkhttp://www.traderplanet.com/commentaries/view/70287-chart_talk<p><span> </span></p><p><span>Todays morning price action was a bit uneventful as the market did not follow through in one direction. Coming into the day I was looking for XOM, HAL and JNPR to continue there strength from last week and push higher. When the market opened, JNPR immediately started to push lower.The first level of support was on the hourly chart near the 35.00 level; because of how strong JNPR was at the previous week I planned on entering the first swing low on the 5 min chart.</span></p><p>Generally this setups provid...</p><a href='http://www.traderplanet.com/commentaries/view/70287-chart_talk'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comTue, 16 Nov 2010 01:56:24 +0000$RIMM in Playhttp://www.traderplanet.com/commentaries/view/69700-rimm_in_playhttp://www.traderplanet.com/commentaries/view/69700-rimm_in_play<p>Coming into today Research in Motion was on my radar.  Some news had come out in the pre-market about the pricing of its tablet computer.  The news basically said that the tablet would be priced below $500 which would make it a cheaper alternative to the iPad.  The pre-market wasn’t showing much in the way of price action but I had RIMM on my watch list to see how it would react to this news. </p><p>Immediately on the open RIMM showed some strength, basically trending higher for a $1.50.  The first ...</p><a href='http://www.traderplanet.com/commentaries/view/69700-rimm_in_play'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comWed, 10 Nov 2010 22:32:35 +0000ALTR and EBAYhttp://www.traderplanet.com/commentaries/view/69330-altr_and_ebayhttp://www.traderplanet.com/commentaries/view/69330-altr_and_ebay<p><span><span>Today was a very lack luster day in terms of the market price action. Looking in bigger context we can say its a continued pause after the up trend day we had Thursday after the FED announcement. While today was not the easiest day to trade, a few Keystone traders were able to take advantage of morning price action in a few stocks.</span></span></p><p>ALTR in the morning came out the gate pretty strong, within the first 15 min it traded and closing above Fridays high. Entering the stock was a bit tricky as there ...</p><a href='http://www.traderplanet.com/commentaries/view/69330-altr_and_ebay'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comTue, 09 Nov 2010 05:35:27 +0000FOCUS for stock tradinghttp://www.traderplanet.com/commentaries/view/68415-focus_for_stock_tradinghttp://www.traderplanet.com/commentaries/view/68415-focus_for_stock_trading<p>I think in the past few weeks that I’ve been at Keystone, the one  resounding theme has been “focus”.  You can go into the morning, fresh and prepared and then have it all thrown against you because you lost focus while in the game. </p><p>I think the past few weeks have been extremely helpful in helping me to understand what to focus on while I’m trading.</p><p>FX has been a driving factor of the markets and focusing on the USD and the EUR moving  has been extremely helpful in reacting to moves.  Making s...</p><a href='http://www.traderplanet.com/commentaries/view/68415-focus_for_stock_trading'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comTue, 02 Nov 2010 11:53:47 +0000Liberty Global Inc. (LBTYA, LBTYC)http://www.traderplanet.com/commentaries/view/68416-liberty_global_inc_lbtya_lbtychttp://www.traderplanet.com/commentaries/view/68416-liberty_global_inc_lbtya_lbtyc<p>LBTYA/LBTYC are two stocks for the same company, just different classes. They provide voice, video, and broadband Internet services. Some of its competitors are also seeing positive order flow coming in, such as CMCSA, DTV, VIA-B, TWC, and DISH. LBTYA is a 10+ long on the charts, 10 above the 20, above the 50, above the 200.</p><p>It has been rallying from a breakout starting September 1st, 2010 and has had only 8 days since that closed lower than the open, all of which never dipped below the previo...</p><a href='http://www.traderplanet.com/commentaries/view/68416-liberty_global_inc_lbtya_lbtyc'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comTue, 02 Nov 2010 11:52:56 +0000NEVER PREDICT, REACT!http://www.traderplanet.com/commentaries/view/68417-never_predict_reacthttp://www.traderplanet.com/commentaries/view/68417-never_predict_react<p>Today’s meeting and insight on the trading day yesterday brought a lot of ideas full circle for me. Pete mentioned that a lot of traders including myself were confused with the market yesterday especially during the morning sell-off after the gap up. As Pete began explaining that essentially, the market is going to do what it wants and you cannot have any emotions about it, I began to remember the famous Mr. Market metaphor by, of all people, Warren Buffett.</p><p>Interesting how this fundamental in...</p><a href='http://www.traderplanet.com/commentaries/view/68417-never_predict_react'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comTue, 02 Nov 2010 11:51:54 +0000Thinking in Probabilitieshttp://www.traderplanet.com/commentaries/view/68276-thinking_in_probabilitieshttp://www.traderplanet.com/commentaries/view/68276-thinking_in_probabilities<p>One of the challenges to becoming a consistently profitable trader is developing the mindset and understanding of how and why a consistently profitable trader can repeat their success. One of the obstacles that stand in the way or prohibit a trader from developing a profitable mindset is emotions. Destructive trading emotion can come from a string of losing trades as well as string of wining trades. One way to keep these emotions at bay is to think in probabilities. Focusing your mind on the ...</p><a href='http://www.traderplanet.com/commentaries/view/68276-thinking_in_probabilities'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> KeystoneTrading, TraderPlanet.comKeystoneTrading, TraderPlanet.comMon, 01 Nov 2010 00:30:05 +0000