12:35pm (EST) Special Notice: If you haven’t logged into our Members Area to look at the charts from the weekend, please do so as it will really help you as a trader. We gave a detailed outlook on the near-term and long-term outlook for 2014 and these targets will help
S&P 500 Triggers Fresh All-Time High/ New Trade/ Profit Alert (IR)!!!
Earnings in Focus/ New Trade!!!
1:20pm (EST) The market has traded in a tight range to start the shortened week following Monday’s day off as the bulls and bears feel each other out. February has seen extreme daily triple-digit swings in the Dow and today’s action is just a pause in what should continue to
Market Gellin’ for Yellen/ New Trade!!!
1:30pm (EST) Futures were showing a slightly mixed open for Wall Street today when we were doing our chart work last night and remained that way ahead of the European open. Futures were slightly weaker ahead of the opening bell and suggested today could be a wait-and-see session with flat
Back Test to Resistance/ New Trade!!!
1:45pm (EST) The bulls are testing resistance that served as prior support and the big question will be if they can hold current levels into the close. The technical damage done in recent weeks has occurred in dramatic fashion and traders are trying to call a bottom. The market pros
Bulls Face Crucial Test/ Profit Alert (ARIA)/ New Trade!!!
1:40pm (EST) It is always hard to time a market top but if the bulls can’t get off the mat, we may have witnessed one last week. The technical picture from our weekend chart work showed a continued test to new lows and the downside targets we outlined this morning
Bears Push Support as VIX Spikes/ Profit Alert (ARUN)!!!
12:35pm (EST) If we closed our eyes and had to guess where the market was trading based on futures this morning, we would say Dow 16,200; S&P 1,825; Nasdaq 4,200. As we head into the second half of trading the Dow is down 177 points to 16,195 while the S&P
Bulls Rebound but Action Fades/ New Trades!!!
12:30pm (EST) We mentioned this would be a tricky week to trade the market with a midweek holiday and a rising VIX. We were on point in calling the Santa Claus rally and predicted the opening day fade yesterday while saying today could provide us some clues on where the
Crash and Burn or All Aboard? New Trade!!!
11:50am (EST) For those of you that have been with us over the years, you know Friday’s are a day where we try to kickback, review what has happened in the market, plan for next week, celebrate profits (one current trade of ours is up 308% as we type) and
Whacky Week Still Up For Grabs/ Sony (SNE) Continues to Tank/ New Trade!!!
12:55pm (EST) The bulls are trying to reclaim the weekly lead but if current levels hold the bears will get the weekly win – but not by much. Of course, there is still another half of trading to go and anything can happen, including lower lows or a rebound to
Another Mixed Monday/ Profit Alert (SWY)!!!
9:00am (EST) The market traded in a tight range on Monday as both the bulls and bears waited on Apple’s (AAPL, $529.88, up $3.92) earnings after the close. Shares made a push past $530 late in the session but Tech ended lower along with the Dow and small-caps to give