3 More Long Plays Yould Know About
I wasn’t planning on doing another post – but I found 3 very tempting setups to jump in – and yes – I just took a position in Affymax just moments ago at $17.26 as a long play. All of these trades I...
Read MoreAuthor: Ryan Mallory
Fuinhaz $SPY afternoon update for August 20, 2012
$SPY trying hard to hold 142. It almost feels like we are setting up for a nose dive, as we can’t break or even get close to 142.26, and big names are showing some lack of traction. I think that once we start to slide down...
Read MoreLazy Trade Long & Short: LXP & KRC
For the first time since Thursday I took a long position – this time in LXP at $9.21 as it is breaking out nicely above longer-term resistance. I’ve also posted a chart on a very appealing short setup in KRC which...
Read MoreFuinhaz $SPY morning update for August 20, 2012
$SPY pulled back, and currently holding the 142 level again. Many names I have been watching making new highs lately, finally pulled back. Not sure if selling will continue for now, but it would sure be nice to see it. To be...
Read MoreIndex Outlook
Market is decidedly in an up-trend above the 8 ema which tells us that market sentiment is bullish. We saw healthy consolidation Friday of Thursday’s larger move and we have been seeing the market dribble up for the past...
Read MoreFuinhaz $SPY read for August 20, 2012
$SPY opening pretty much flat. We had a great 3 week run, I am not saying this is over since I have been expecting a pull-back for the past 15 days, so I will just let my keyboard rest, and give you all just today’s level...
Read MoreTrading Plan for August 20, 2012
Pre-market update (updated 8:30am eastern): European markets are trading 0.5% higher. Asian markets traded 0.8% higher. US futures are mixed ahead of the opening bell. Economic reports due out (all times are eastern): Chicago...
Read MoreMoney Flow for August Week 3
Further to my last weekly market update, this week’s update will look at: 6 Major Indices 9 Major Sectors SPX:VIX and RUT:RVX ratio charts Major World Indices Commodities 7 Major Currencies Commodities ETF (DBC) and...
Read MoreEvening Tape August 17
The Chart of the Day… Quick Glance at the Market Heat Map and Industries Notables: Who threw health care off a cliff? Like the big names in health care, basic material’s big guys did not cooperate with the market....
Read More8 High Volume Breakout Plays
It’s not a screen I usually do, but thought it would be an interesting one anyways. Below is a list of eight high-volume breakout plays that you need to carry with you into Monday, and perhaps one or two you can buy at the...
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