Shipping Sector Update 9-16-16 (video + comments)

Member @sau987 had asked for an update on the shipping sector & as I had recently pointed out the fact that many of the shippers looked to be setting up in bullish chart formations, I've since become somewhat lukewarm to the shipping sector for the following reasons. Since that previous video with some of my favorite setups was posted here on Sept 8th, the very next day the broad market triggered the long-awaited sell signals that I was looking with QQQ impulsive taking out the 116.00 support level & SPY impulsively slicing through the key 215.30 support level. While QQQ has [...]

Sep 16, 2016 12:41pm|Categories: Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , , , |3 Comments

Shipping Sector Trade Ideas (video)

In this video, the charts of my favorite trade setups in the shipping sector are covered in detail. While I plan to add some of these as official trade ideas, with some recently mentioned as unofficial trade ideas in the trading room this week, there are just too many attractive trade setups to add them all. As such, I've outlined the idea entry criteria & price targets on most of these charts for those interested. In additional to the potential for well-above average & quite possibly, explosive capital gains on many of these setups, quite a few of these trade ideas [...]

Sep 8, 2016 12:59pm|Categories: Equity Market Analysis, Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , , , |Comments Off on Shipping Sector Trade Ideas (video)

Shipping Sector Overview & Trade Setups

This video covers the charts of some of my favorite trade ideas in the shipping sector. As these trades are extremely aggressive coupled with the fact that I like to take a "shotgun" approach by taking small lots scattered among different shipping stocks within the sector in order to diversify, these are only unofficial trade ideas. Although the key support & resistance levels, as well as entry & exit (target) criteria are discussed for most of these stocks, unofficial trade ideas different from the official trade ideas on the site in several aspects including the fact that these trades may or [...]

Apr 11, 2016 11:28am|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , |2 Comments

Difference Between The Risk-on & The Risk-off Trade

This is what the risk-on trade looks like (my shipping stock watchlist as posted on Friday), the day after highlighting these "King of All Risk-on Trades" as Long Trade Ideas: Shipping stock watchlist March 4th   Followed by a current snapshot of the same watchlist, after highlighting the same stocks as short-candidates yesterday for the coming (and now clearly arrived) Risk-off Trade: Shipping stock watchlist March 8th

Mar 8, 2016 3:52pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , |1 Comment

Shipping Stocks At or Near Resistance (video)

Many of the shipping stocks that were posted as long trade ideas in the trading room on Thursday have already ripped up 50-200% or more in just a couple of trading session & are now at or approaching key resistance/target levels which could offer a quick pullback trade. Some of my favorites, along with possible reversal points & pullback targets, are discussed in this video. note: Although the ticker symbols for the stocks discussed in this video will appear in under the Short Trade Setups category, these stock are only unofficial trade ideas, without official price targets or suggested stops.

Mar 7, 2016 2:11pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , |2 Comments

Don’t Take Your Eye Off The Ball…

... That what I always tell my kids when coaching Little League.  I try to incorporate that advice into my trading but there's typically a limit to how many stocks one can successfully follow at one time before you get the proverbial "sand slipping through your fingers" from trying to hold too much.   Either way, I did share the pattern and my thoughts on the previous post regarding EGLE and the stock has now gained 70% since that post exactly 2 weeks and 1 day ago As you can see from the notes on that previous chart, EGLE did [...]

Mar 21, 2013 12:12pm|Categories: Uncategorized|Tags: |Comments Off on Don’t Take Your Eye Off The Ball…

EGLE 4 hour chart

EGLE is one of the shipping stocks that I've been watching recently but regrettably did not take or post the setup earlier, as the stock is up over 11% today.  However, I figured that the pattern is worth sharing as EGLE just broke out above this downtrend line (shown on this 4 hour chart) and could possibly offer an objective entry if it pulls back.  If so, I've marked a few overhead resistance levels, more of a resistance zone really, which would be the logical first target area(s).  I'll just add this to the trade setups for now but I'll keep [...]

Mar 6, 2013 2:12pm|Categories: Uncategorized|Tags: |Comments Off on EGLE 4 hour chart