The near-term outlook on QQQ & the leading FAAMG stocks (FB, AAPL, AMZN, MSFT & GOOG).
The following chart & notes outline the entry criterion, price target, suggested stop & beta-adjusted position size for a swing trade in VAC, Marriott Vacations Worldwide.
The following notes & charts outline the entry criterion, price targets, suggest stop & beta-adjusted position size for a Swing Trade & potential Long-term Trade/Investment in MNKD.
ISLE (Isle Of Capris Casinos) is a casino stock that looks poised to to fall anywhere from 10% - 30% following the recent overbought, divergent high & will likely be added as an official trade idea soon. Should ISLE be added as an official short trade, price targets & a suggested stop-loss level(s) will follow. [...]
An overview of some of the unofficial swing trade ideas posted in the Trading Room (9 longs & 1 short). The following trade candidates are discussed in this order: MNKD, TEVA, WFM, FCEL, GPRO, AMKR, IONS, CARA, STNG & PIOI.
I'd like to thank everyone for your very kind comments & concern in response to the family emergency that forced me to suddenly leave town Sunday evening. I wasn't able to keep up with the markets or reply to any questions since the weekend but I returned home late last night & I am now [...]
Please note that I will be unable to post and market/trade updates or reply to any questions tonight & possibly tomorrow due to a family emergency. Updates & replies will resume asap. Thank you for your patience and understanding. Randy Phinney