The market today has done nothing more than languish around break-even. However, after monitoring the market internals, the more I believe this market is going to see another run – maybe it doesn’t break that...
Read MoreFor most of this month the bears have thrown around the bulls like some red-headed, left-handed, step-child. At this point, we are in a steep decending channel, and as it stands right now, we are on the bottom end of that...
Read MoreCurrent Long Positions (stop-losses in parentheses): PEP (70.10), CB (64.32), PCLN (502.75), KCI (57.69), SLV (33.36), PNW (44.78), NFLX (237.25), GLD (144.73) Current Short Positions (stop-losses in parentheses): None BIAS: 50%...
Read MoreBelow is a list of small-cap stocks that have been heavily shorted by the street, and should the market continue to rally, these stocks could see their share price launch into the stratosphere (if they haven’t begun...
Read MoreI was a bit hesitant to go long on anything this morning, but finally decided to pull the trigger on Netflix (NFLX) because a) does much better than the field in bear markets b) bouncing off a nice intermediate upward trend-line...
Read MoreThe strength in the dollar has been putting heavy weight on both equities and commodities. However, whether this is a real move or not it’s sbeing questioned. Currently UUP is testing a a major broken support...
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Read MoreCurrent Long Positions (stop-losses in parentheses): PEP (70.10), STZ (22.20), FTR (8.57), CB (64.32), PCLN (502.75), KCI (57.69), SLV (33.36), PNW (44.78) Current Short Positions (stop-losses in parentheses): None BIAS: 60%...
Read MoreHere is a look at the /ES on a 60min view. You can see that we broke down below the upward channel and now forming a downward channel from it. We are currently trading near the top of the channel leaving room to move...
Read MoreI went long Silver (SLV) at $34.06, and though it’s not Linkdeln (LNKD), it does have a lot of volaility, and if you followed my chart that I posted earlier this week, you’ll remember that I highlighted the potential...
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