In markets where an unusual amount of selling pressure starts to creep in, it is hard not to find setups that aren’t crumbling to the downward momentum that is prevalent across the board. However, there are four stocks,...
Read MoreI’m not willing to say that the lights have been turned out on the bull’s rally parade of late, but I do think they are looking at some major problems here, that they need to soon correct, before the bears are...
Read MoreCurrent Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): GLD (136.40) BIAS: 7% Short Economic Reports Due Out (Times are EST): My Observations and What to Expect:...
Read MoreThe S&P is weak for the first time in quite a while, and while we shouldn’t rule out the eternally optimistic dip-buyers from trying to rally the troops and move the market higher this afternoon, there is definitely an...
Read MoreWe’re seeing a fair amount of selling today, which could continue into the days ahead. As a result you may be looking for a way to hedge your long positions, to avoid further losses, or perhaps you believe that this market...
Read MoreCurrent Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): GLD (136.40) BIAS: 7% Short Economic Reports Due Out (Times are EST): MBA Purchase Applications (7am), ICSC-Goldman...
Read MoreMarket beginning to look a bit toppy in my humble opinion, and with the market in general being quite overbought in every sense of the word, I want to throw out some shorting ideas in the form of stocks waving the bear-flag for...
Read MoreI finally have something in play this morning – the Gold ETF (GLD). I’m actually shorting it, which makes for my first short position of the new year. My stop-loss is at the point where it tries to fill the gap from...
Read MoreCurrent Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): None BIAS: 100% Cash Economic Reports Due Out (Times are EST): Empire State Manufacturing Survey (8:30am), Treasury...
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