Category: Stock Trading

SPX resistance break

Do NOT Chase This Rally


Do not chase this rally. Instead, book profits and move to cash while we remain inside the target resistance level on the S&P 500. If you are up in an individual stock, you should book profits and move to the safety of cash. Below is a much better consolidation entry that we would like to […]

he S and P 500 to CBOE Put Call Ratio

S&P 500 Futures Trader Alert! All Eyes On 2600 As Futures Market Opens With Gap Down


As Premium members know, our trading week begins Sunday night as we watch the S&P 500 futures market for possible market direction on Monday. This week is especially important as we watch what happens off the 2600 area resistance on the S&P 500 (260 on SPY). Looking at the weekly chart of SPY, you can […]

IMMU stock chart

9 Top Biotech Stocks To Watch Week of January 14: $IMMU $EXEL $AMGN $RNN $LXRX $SNY $TCON $ASLN $TYME


Next week we have the GI ASCO symposium where some data releases are coming. Overall though, biotech stocks remain a very risky gambit in the current market environment. 9 Top Biotech Stocks To Watch Below are the top biotechnology stocks to watch as data release catalysts could explode these stocks higher, or send them to […]

Warnings For Biotech Stocks, Play Fair Or Face The Consequences


The biotech stocks I pushed out to subscribers every Sunday had quite a week this week. Check out these huge wins: IMMU = +13.6% LXRX = +3.3% ASLN = +15% AUPH = +7% AXSM = +237% SAGE = +42% Hard to believe right? Check out the Sunday article for yourself here. But there’s a major […]

SPX chart

Stock Market Prediction Nailed, Now What?


The stock market prediction from last Saturday’s weekly show was nailed beautifully as the Bulls had the advantage over the Bears. Now though, things get more complex as the target resistance area was reached. Most smaller retail traders should be in cash and hiding in the bushes as the larger players battle it out for […]

Futures Gap Up Open In Early Trading


The overnight futures market is looking good in early trading with gap up opens. The Nasdaq futures and Russell 2000 futures markets are leading the S&P 500 futures market higher which is also bullish; however, the night is young and with Black Swan Trump, we can’t take anything for granted so cautious optimism is warranted. […]

CNBC Joseph Zidle

Blackstone Says This Is a Buying Opportunity


Blackstone says this is the time to buy stocks. Blackstone investment strategist Joseph Zidle is optimistic stocks will rebound this year, blaming the market’s wild swings on misguided, negative sentiment. “This is a buying opportunity. We see the market, the S&P 500, up 15 percent in 2019,” he said Thursday on CNBC’s “Futures Now.” ‚ÄúThis […]

MDWD stock chart

Biotech Stocks To Watch Next Week: $IMMU $LXRX $SNY $ASLN $AUPH $AXSM $MDWD $SAGE $URGN


It continues to be a very dangerous market for biotech stocks so personally I am not trying to swing trade any of them right now. Nevertheless, if you have some gambling money to put to work, below are some biotech stocks with up-coming catalysts in the weeks ahead. 9 Top Biotech Stocks To Watch Ignoring […]

Nasdaq Futures Down on Apple But Bullish Engulfing and Parabolic SAR Buy Signal


The daily chart of the Nasdaq formed a Bullish Engulfing candlestick pattern today. The Nasdaq chart also shows a Parabolic SAR buy signal today. The Nasdaq is the first of the major indices to form a bullish candlestick pattern; however, here’s the problem. The Nasdaq overnight futures are down big as of 7:10 PM Pacific […]

Nasdaq futures

S&P Futures Down On China PMI and Mexico Border Clash


S&P futures are down a good amount after the China Calxin/Markit PMI slipped into contraction territory for the first time in 19 months. China’s weakness spread to Malaysia which reported manufacturing activity shrinking to its weakest pace of expansion since it launched the survey in 2012. Taiwan also contracted to its lowest since September 2015. […]

Nasdaq futures market 12-30-2018

Overnight Futures Pop Higher


Overnight futures did a gap up open on Sunday night as of 4:45 PM Pacific time. It looks like the reason for the gap up open was a President Trump tweet on Saturday regarding trade negotiations with China. Just had a long and very good call with President Xi of China. Deal is moving along […]

SPX 1 hour time frame

Searching For Opportunities But Not Many Available


There are not a lot of opportunities available right now because of the big sell-off in markets over the last few weeks. By opportunities I mean large players volume, pocket pivots, Twiggs Money Flow, and buy-side volume studies. Basically we are looking for stocks with catalysts that have caused a lot of other traders to […]