NFLX (Netflix Inc.) is soaring in after-hours trading following their quarterly earnings release. When I look at the weekly chart of NFLX as well as the price & volume action along various technical indicators, I see some almost uncanny similarities between NFLX today and AAPL when it put in a major top back on April [...]

Jul 17, 2017 6:51pm|Categories: Equity Market Analysis|Tags: , |7 Comments

Cannabis Stocks Trade Setups & Update (video)

This video covers numerous cannabis stock setups that are currently poised to break out as well as follow-up commentary & analysis on some of the recently covered marijuana stocks. Price targets, buy points & key support/resistance levels are covered on each trade idea. The following stocks are covered in this order: DEWM, MCOA, CNBX, EAPH, [...]

Jul 17, 2017 1:40pm|Categories: Unofficial Long Ideas|Tags: , , , , , , , , , , , |0 Comments

URA (Uranium ETF) Analysis

Member @sportofkings asked for my thoughts on URA (Global X Uranium ETF). URA has several bullish developments in recent weeks although the ETF is getting quite stretched in the near-term. As such, the odds for a pullback are elevated & increase with each tick higher. A pullback to the 13.90 area down to as low as [...]

Jul 17, 2017 10:52am|Categories: Unofficial Long Ideas|Tags: |0 Comments

Earnings Season Statistics

As we head into Q2 (second quarter) earning season I wanted to share some statistics as well as a reminder for swing traders to be aware of the scheduled reporting date for any of your current positions or potential trade candidates that you are monitoring. While long-term investors or trend traders might not be overly [...]

Jul 17, 2017 10:36am|Categories: Trading Tips|0 Comments