Trade Ideas part 1 (video)

This video covers the charts of about half the stocks currently on my watch-list as potential long and short trading opportunities. The video begins very brief overview of the broad market as well as the breakout above the triangle pattern that was highlighted yesterday on the USO 60-minute chart. Following the USO commentary, the following trade ideas are discussed in this order: COP, SEDG, CSIQ, LL, BAS, PIR, TSRO, ELLI, CNAB, AXAS, ACPW, ASPS, PLCE, MNKD, BITA, YELP,CVSI, SHOS, SMH, BBW & ALDR There were some issues with loading the charts during the video which turns out was due to [...]

2017-03-08T21:19:28+00:00Sep 29, 2016 2:32pm|Categories: Unofficial Long Ideas, Unofficial Short Ideas|Tags: , , , , , , , , , , , , , , , , , , , , , , , |2 Comments

Long Trades Update & Market Commentary

The following Long Trade ideas have exceeded their suggested stop criteria & will be moved to the Completed Trades category: ASPS: Exceeded the suggested stop below 31.05 on Aug 7th. CNX: Exceeded any reasonable stop (none suggested). USO/DWTI: Exceeded the suggested stop below 14.70 (USO) on Aug 6th. The only trades remaining in the Active Long Trades category at this time are AMD and SLW. This unusually low quantity of Active Trade ideas is a reflection of the choppy & sloppy price action as the broad market continues to grind aimlessly in the difficult to trade range that has essentially left [...]

2017-03-08T21:20:20+00:00Aug 14, 2015 11:17am|Categories: Completed Trades - Long, Equity Market Analysis|Tags: , , , |Comments Off on Long Trades Update & Market Commentary

ASPS Backtesting Support, Long Entry

ASPS (Altisource Portfolio Solutions S.A.) offers an objective long entry here on the backtest of the 32.88-35.20 support zone.Suggested stops for those only targeting T1 (200-day ema) would be on any move below 32.78 while the suggested stop for those targeting T2 (46.90) or T3 (61.43) would be on any move below 31.05 (or the 32.78 level could also be used for a relatively tight stop for those targeting T2 and/or T3). ASPS daily July 31st The 200-day ema, which has capped all advances since April 2014, currently comes in around 41.29 (about 24% above current levels) although keep [...]

2017-03-08T21:20:21+00:00Jul 31, 2015 12:27pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on ASPS Backtesting Support, Long Entry