I guess this guy showed up in his chiseled-out body to give the GNC earnings report this morning, because after the initial spike higher, this thing has dropped hard and fast. And what we have now ais a trend-line off of last...
Read More$SPY wasn’t able to really break the 100MA @ 136.04, and is now pulling back hard, like if it wants to close that gap. When we opened today, I was expecting such a move, since a lot of people got sucked in the momentum,...
Read MoreThe futures are screaming higher this morning so definitelty mind the gap we are about to have in this market. I will be sitting out the first couple of minutes to see what the market is going to do. We will either fill that gap...
Read More$SPY spiking higher on four factors in my opinion. 1 – There is now a 90 percent chance of Greece leaving the euro zone over the next 12 to 18 months, according to Willem Buiter, chief economist at Citi. 2- European...
Read MorePre-market update (updated 8:00am eastern): European markets are trading over 2.3% higher. Asian markets traded between 0.1% and 1.2% higher. US futures are up over 1% going into the open. Economic reports due out (all times are...
Read MoreIn this video we look at how we played the intraday setup on GALT this morning scoring a huge win in our portfolio +4% in 15minutes. These stocks that gap up in the mornings can be HUGE runners and make for some epic trades!...
Read MoreThe Chart of the Day… From SocialTrade.com Quick Glance at the Market Heat Map and Industries Notables: Strength in the market was scattered, with AAPL weighing down on the overall S&P returns. No one industry or...
Read More$Spiked after hitting the 133.46 level (around 50MA) and bounced above 133.91 (20ma) but right now is not being able to hold the 134.08 level which represents S1 on my chart’s pivot level. We have no real catalyst to move...
Read MoreHere begins my three part series on avoiding the pre-mature stop-out on your trading. With this series, my plan is to provide you with a couple of different ways of avoiding being stopped out when it probably shouldn’t...
Read MoreI’m impressed the market hasn’t sold off today, and is still fighting for positive gains on the day, which would be the first time since last week that’s happened. Below I’ve posted the Long & Short...
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