Monday July 7, 2014NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens – 73 and everything gets worse.Market Open (click to enlarge)CRUS (click to enlarge)`INVN (click to enlarge)The Dow closes – 44, This is what we closed out: ADEP – 1000, AMBA +150, COH +270, DL -270, GST -1740, […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens +57 but our open trade weakens.Market Open (click to enlarge)WLT (click to enlarge)`LULU (click to enlarge)The Dow closes + 92, This is what we closed out: CCIH -2550, IMOS -1957, RDN -1200, SFUN -1920, YELP -2077, WLT +5850TOTAL = – […]
On Wednesday afternoon, Rite Aid (NYSE: RAD) presented a nice swing-trading opportunity with an excellent set-up.
Consumer staples stocks pulled back a bit through June, offering good entry points to get into some up-trending stocks. RAD has followed suit, and looks like a no-brainer buy at current prices.
Since the beginning of 2013, RAD has gained a whole lot — 422.79 percent, […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens – 29 and our open trade gets slightly betterMarket Open (click to enlarge)1 hour in (click to enlarge)DL (click to enlarge)CSUN (click to enlarge)SFUN (click to enlarge)The Dow closes – 21, This is what we closed out: ATHN +535, ANAC […]
Benchmarks closed Friday’s trading session with modest gains as optimism from Wednesday’s policy statement spilled over into a second successive day. Friday’s modest gains helped the S&P 500 to close at a record high for the third straight day. The Dow also extended its winning streak to six sessions; it’s longest since December 2013. The blue-chip index also settled at […]
Analysis provided by Ashton Fraser, learn more about his trading strategies at the Lasers forex forum. Bitcoin appears to be trading within the confines of a very specific channel, determined by two key retracements levels, clearly observable on the Weekly timeframe, when applying a Fibonacci study. During midweek’s analysis, I posted the following BTC/USD Daily chart: Where I […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens +27 and our open is off a littleMarket Open (click to enlarge)JRJC (click to enlarge)BBRY (click to enlarge)SHLD (click to enlarge)BBRY (click to enlarge)ISIS (click to enlarge)The Dow closes +25, This is what we closed out: BITA -2437, EXK +2250, […]
Benchmarks’ upward move continued for the fourth-straight trading day on Wednesday after the Federal Reserve kept its monetary policy “highly accommodative” and suggested there would be no immediate rate hikes. The central bank’s move to trim the bond repurchase yet again by $10 billion was widely accepted as the benchmarks scored their best gains in about four weeks. The S&P […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens – 21 and our open trade is trimmedMarket Open (click to enlarge)CCIH (click to enlarge)SCTY hour in (click to enlarge)2 hours in (click to enlarge)SCTY (click to enlarge)3 1/2 hours in (click to enlarge)SCTY (click to enlarge)LVLT (click to enlarge)PRTA […]
Several of our recent articles have described major US equity indices as being in topping patterns. As we mentioned last week, the Nasdaq-100 Index (INDEXNASDAQ:NDX) looks as though it needs one more slightly higher high this season to finish the job. Now we see a similar scenario unfolding in the S&P 500 Index (INDEXSP:.INX), which may reach a […]
