Author: Ryan Mallory

I took a long position at $18.33 on a nice cup and handle breakout with a stop at $17.97. The market this morning is trying to get back to that 1332 trading range, and seems absolutely magnetized to that number which also...

Futures up moderately for this Friday morning No major economic reports due out today /ES still looking to break highs of 1337 – this will be a key level to watch EUR/USD has broken the downward trend and is moving higher...

Current Long Positions (stop-losses in parentheses): AAPL (334.75) Current Short Positions (stop-losses in parentheses): None BIAS: 10% Long Economic Reports Due Out (Times are EST):Jobless Claims (8:30am), EIA natural Gas...

ADSK putting in a small inverted head and shoulders here.  Breakout at these heights will take this stock to a new 52 week high. Read...

The general tone I am getting from a lot of traders these past few weeks is that of frustration.  Many are getting “whip sawed” around in their positions.  Lots of stories about 1.) breakouts that just...

Market continues to chop its way to no where  Right now the market is sitting at 1335 which is where it opened up at.  In the morning the bulls started a nice run that looked like it was headed for a break of...

Market is no doubt having problems discerning heads from tails so far this morning, but if things turn around for the better, here are five breakout plays that may work in your favor. I jumped in and out of AMAT so far this...

Futures are up moderately to start the morning off /ES looking to take new highs at 1337 No major economic reports due out today EUR/USD showing a nice breakout from the cup and handle pattern – moving pass 1.424 –...

Current Long Positions (stop-losses in parentheses): ECA (34.45), AAPL (334.75), SU (44.68), ERTS (19.58) Current Short Positions (stop-losses in parentheses): None BIAS: 40% Long Economic Reports Due Out (Times are EST): MBA...

  IR – bounced off a recent high resistance and currently resting on previous resistance now acting as support. I anticipate a bounce here for a confirmation of a trend continuation and a possible break above previous...