This video begins with the near-term outlook for the US stock market via SPY, QQQ & IWM followed by coverage of the following stocks, sectors & commodities that stand out as potential trading opportunities at this time: WEAT, JJG, DBA, CHOC, NIB, $COCOA, FCEL, DDS, M, AZPN, NVDA, SMH, IPI, MOS & POT.
The following short trades will be removed from the Active Trades category. Some of these trades may have already hit one or more profit targets while others failed to reach their price target(s). Many of these trades have also exceeded their suggested stop level while others may not have but in the long overdue process [...]
As mentioned earlier today, I am working on updating all of the trade ideas on the site. As there are currently 38 active short trades, it is much more efficient to review those charts in a video format vs. mocking up static charts and the accompanying notes on all of them. Many of the active [...]
DDS probably should have been stopped out and removed but in revisiting the chart today, the trade still looks good so it will remain an active short trade for now. Since the last update, DDS pushed back inside the wedge and then shot above the wedge to the upside, making a likely final gasp blow-off [...]
i'm spending some time today updating the trade setups and active trade ideas and in doing so, wanted to update DDS. this trade idea is now both a trade setup as well as an active trade since it recently triggered a short entry on the break below the rising wedge pattern but still offers a [...]