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Unofficial trade ideas are trade ideas that may or may not list specific stops & exact price targets and may or may not be followed up with. Unofficial trade ideas will only be moved to the Active and Completed Trade categories if they are first published as being recategorized as an official trade idea.

Trade Setups That Reported Earnings Today

The following stocks reported earnings before the market open today & as such, the risk of being caught on the wrong side of an earnings-induced gap is now out of the way for the next 3 months. Companies That Reported May 1st Before the Open The charts below are the daily charts of some of the stocks that standout as potential swing trading opportunities. SHOP (Shopify Inc) closed down 4.5% after reporting earnings before the open today, once again kissing the primary uptrend line which it's been riding on for the last few weeks. SHOP is on watch for [...]

2018-05-01T17:20:49+00:00 May 1, 2018 5:20pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: , , , , |0 Comments

Aerospace & Defense Sector Analysis (video)

Technical analysis providing the outlook as well as key support and resistance levels for the aerospace & defense sector via the ETFs: ITA, XAR & PPA, as well as the leading stocks within the sector: BA, UTX, LMT, GD, RTN & NOC. ?playback speed can be increased in the settings to reduce the duration of the video

2018-05-01T13:40:52+00:00 May 1, 2018 1:34pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: , , , , , , , , |0 Comments

Semiconductor Sector Analysis (part 2)- video

This is the second of two videos covering the semiconductor sector via SOXX, SMH & XSD (semiconductor ETFs). The previous video focused on the long-term outlook for the sector while this video covers the intermediate to near-term outlook, including key support/resistance levels, price targets & recent technical developments. *playback speed can be increased in the settings to reduce the duration of the video*

2018-04-27T15:37:34+00:00 Apr 27, 2018 3:37pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: , , |4 Comments

Semiconductor Sector Analysis (part 1)- video

This is the first of two videos covering the outlook for the semiconductor sector with the long-term outlook and several very significant recent technical developments on the monthly chart of the PHLX Semiconductor Index. Part 2 will cover the daily, weekly & intraday charts to identify key support & resistance levels as well as potential price targets for SOXX, SMH & XSD (3 popular semiconductor ETFs) playback speed can be increased in the settings to reduce the duration of the video

2018-04-27T13:51:02+00:00 Apr 27, 2018 1:51pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: , , |7 Comments

Crude Oil Trade Setup Pending

/CL (crude futures)finally appears ready to give up the ghost. Inverse (bearish) crude ETN's are still on standby for official short trade ideas pending some half-decent evidence of a reversal. 60-minute chart of crude futures below. CL 60-min April 19th Counter-trend rallies aside, my expectation is for a move back down to the 12.15 area in USO which would represent a drop of ~13% from current levels. Daily chart below. USO daily April 19th

2018-04-19T12:18:44+00:00 Apr 19, 2018 12:18pm|Categories: Gold & Commodities, Unofficial Short Ideas|Tags: , , |0 Comments

Bearish Outlook for Crude Continues to Firm Up

Another busy day managing my trades along with posting updates & videos on the site so I will reply to emails as well as questions, comments & chart requests within the trading room asap. Before then, I just wanted to reiterate my bearish outlook for crude oil in the coming weeks & months & share this chart of DWT (3x inverse/short crude oil ETN) for those interested. I mentioned shorting /CL (crude futures) last week & plan to let that position ride for the foreseeable future with relatively loose trailing stops in place. DWT daily April 2nd DWT or [...]

2018-04-02T11:25:47+00:00 Apr 2, 2018 11:25am|Categories: Gold & Commodities, Short Setups, Unofficial Short Ideas|Tags: , , |1 Comment

Short Trade Ideas Update (video)

Updates on all of the official short trade ideas on Right Side Of The Chart at this time. For those wishing to skip ahead to a particular trade, the following stocks are covered in this order: ENPH (recently stopped out), LABD, XBI, NKTR, NFLX, SIRI, TWTR & URGN. playback speed can be increased in the settings to reduce the duration of the video

2018-03-27T12:37:38+00:00 Mar 27, 2018 12:37pm|Categories: Unofficial Short Ideas|Tags: , , , , , , , |0 Comments