Right Side of the Chart

...because anything to the left is history
Mar 212013

I am adding EXPE back as an Active Short Trade here around the 62 level.  EXPE was recently a short trade that hit the first target for a 9% gain back in late Oct and then bounced and was moved to the Completed Trades category.  [continue reading…]

 March 21, 2013 2:54 pm  Completed Trades - Short Tagged with:  Comments Off on Shorting EXPE
Mar 212013

I’m considering shorting some of the large bank stocks but I’ll just share these charts as “unofficial” trade ideas for now, possibly adding them as soon as I clean up the Active Short Trades category.  I’d like to cull out some of the Active Shorts [continue reading…]

 March 21, 2013 2:26 pm  Equity Market Analysis Tagged with: , , ,  Comments Off on Banking Sector Correction Likely
Mar 212013

The OCN short is up 11% since the recently posted backtest/add-on and still has plenty of downside left before reaching it’s price target (first and final).  I’ve included a 4 hour chart along with the updated daily chart below.  The 4 hour chart highlights a [continue reading…]

 March 21, 2013 1:42 pm  Completed Trades - Short Tagged with:  Comments Off on OCN Short Trade Update
Mar 212013

One that I am not taking my eyes off is the AAPL long trade, which recently hit the first target (downtrend line) and as expected, pulled back and has consolidated under that level since.  These type of consolidations at resistance are typically bullish as they [continue reading…]

 March 21, 2013 12:53 pm  Completed Trades - Long Tagged with:  Comments Off on AAPL long update
Mar 212013

… That what I always tell my kids when coaching Little League.  I try to incorporate that advice into my trading but there’s typically a limit to how many stocks one can successfully follow at one time before you get the proverbial “sand slipping through [continue reading…]

 March 21, 2013 12:12 pm  Uncategorized Tagged with:  Comments Off on Don’t Take Your Eye Off The Ball…
Mar 212013

I had planned to add EXM as a trade idea before the open today but something came up and I had to run out this morning and have been playing catch-up since returning less than an hour ago.  Normally, I wouldn’t post a long entry [continue reading…]

 March 21, 2013 11:47 am  Completed Trades - Long Tagged with:  Comments Off on EXM long setup
Mar 212013

NM has impulsively broken out of a bull flag consolidation/continuation pattern which formed after hitting the first target.  As there is a thin zone between T1 & T2, this opens the door for a potentially quick move up to T2 (final target).

 March 21, 2013 11:31 am  Completed Trades - Long Tagged with:  Comments Off on NM long update