Author: Ryan Mallory

I’ve been watching Sonic (SONC) and I’ve gotta say, there are few short setups that I like better than this one – that descending triangle that has formed is picture perfect, and I’m taking it short at...

$SPY finding some stamina to keep this market going even though today is anybody’s game since we have fed decision today. Well there is no real fed decision. Remember what I wrote yesterday “As we all know, nothing...

Pre-market update (updated 8:30am eastern): European markets are trading in a mixed range from -0.3% up to +0.8% Asian markets in a mixed range from -0.9% up to +0.1% US futures are trading slightly higher ahead of the bell...

My scenario remains unchanged and I am waiting for a bearish reolution with a pending wave (C) down. The issue is to wait for an ending pattern that will complete the corrective EWP off the June 4 low. So far I don?t see an...

The Chart of the Day… Quick Glance at the Market Heat Map and Industries Notables: Market wasn’t down by much, but utilities and basic material had a lot of heaviness to it. Apple (AAPL) continues to rally hard...

$SPY tried to bounce, but as we close the day, it is clear that 138.18 will be re-tested. Most of my shorts worked today. I took two -.10 cents loss in $PXD and $TRIP. I did well in $COG, and I think I will have to wait until...

With our new Trading Platform now in preview mode (it’s free and you should try it out), I thought I’d share with everyone my watch-lists that you have access to on the platform, which also includes my current...

Very choppy day today and I don’t expect to see much different as we head into the FOMC Statement tomorrow. For now, here are two great long and short setups that provide ideal risk/reward opportunities. The AMZN chart...