Monday, December 9, 2013

Watchlist 12/09/13

Watch these consolidation patterns. These 3 stocks have very similar patterns and look poised for a breakout to the upside. All are in uptrends, in long consolidations with decreasing volume.





Thursday, November 14, 2013

Trade Set-Ups 11/14/13

Stocks to watch:

Stock is basing looking for breakout on volume.

Nat Gas stock is strong and coming out of a volatility squeeze. Poised to move higher

Descending wedge is looking bullish for a breakout

Nice uptrend looking for a breakout.

cup and handle formation pushing up against resistance

financials forming a high base, watch for a breakout and a move higher.

Saturday, November 9, 2013

IWM vs SPY

 Which index would you trade?
At the top of the channel extended from the 50ma.

Maintaining a nice uptrend. Bounce off the 50ma close to the trend line.

Trade Set-Ups 11/9/13

Stock is oversold. Looking for a bounce and move above the 50ma 
Maintaining support. Looking for a trade to the top of the range at the 162 area.

This could either be an opportunity or a turn point. It's fallen below the trendline. Looking for it to get back above.

Sunday, October 27, 2013

Long Term ETF Prospects 10/27/13

These ETFs I am looking at for my May 2018 fund:

Natural Gas EFT that follows the ISE Revere Index for Nat Gas Companies. Keep Nat Gas on the radar for the long term.

BioTech has been a beast this year. The 50ma seems to be a good buy point. Going to buy into any dips.

Aerospace has been a steady climber. Buying at the 50ma has payed off.

Tech is not showing any signs of slowing. Looking to buy the support line on this.

Tuesday, September 17, 2013

End of QE Trade Ideas 9/17/13

Couple of low volitility bond and dollar trades that tend to rally when the Fed ends QE. 
The boxes are rallies after the official end of the previous QE programs. 

Bonds are due for a swing back with QE potentially coming to an end. This chart is showing a bullish descending wedge signaling a potential trade coming up. (Weekly view)