One of the things that I really value about SharePlanner is the community interaction. This morning one of the regulars, BigApple provided us with two stocks that I probably would not have found, otherwise. The first one...
Read MoreEconomic Reports Due out (Times are EST): Employment Situation (8:30am), Treasury Strips (3pm) Premarket Update (Updated 9am eastern): Futures are moderately, and have managed to make an impressive rally off of its overnight...
Read MoreSome news out today pushing the SPY higher about .5%. Market remains bullish as we are starting to flag over the 200 day moving average. Look for a take out of recent highs to continue our run of higher-highs and higher-lows....
Read MoreES held the 1260 area that I was seeing as major support yesterday morning, and is close to testing the 1280 high from the opening candle this week. If ES gets over there the real test is at the October high at 1283.50....
Read More2012 has continued the trend of “mind f-ing” the market and listening to every word coming out of the dysfunctional Europe. The market has moved all over the place the last 3 days leaving bulls and bears wondering...
Read MoreThe market is overbought at this level based on the Piker Indicator. Click on the left to see the other times it was overbought. The purple candle marks the overbought signals. It doesn’t always mark a downturn but its...
Read MoreSAY WHAT!?! That is correct sir (or ma’am), avoid the pitfall of needing to get out at the highs with every trade. Because guess what? You’ll fail at it 99.9% of the time. So often we try to get out at the top,...
Read MoreTwo new trades I took this morning. The market is looking, as a whole, like it wants make a move higher, but that will in large part depend on whether it can break through the intraday channel that we’ve been stuck in...
Read MoreEconomic Reports Due out (Times are EST):Challenger Job-Cut Report (7:30am), ADP Employment Report (8:15am), Jobless Claims (8:30am), Bloomberg Consumer Comfort Index (9:45am), ISM Non-Manufacturing Index (10am), EIA Natural Gas...
Read MoreThe bounce yesterday was at an obvious level for the short term bull case, but lower lows on ES and EURUSD overnight are less encouraging. There’s not much to work with on ES at the moment in terms of trendlines but I did...
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