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KEYS Stop Hit, QQQ Update

The KEYS Active Short Trade just exceeded the suggested stop of any move above 39.82 (i.e.- any print of 39.83) for a 4.9% loss (for those holding out for T2). KEYS had previously hit the first price target for a quick 6% profit just two days after the short entry & as with the rest of the market, has floundered around in a trading range since, failing to reach the 2nd & final price target. On a related note, while removing KEYS from the Active Short Trades category, I noticed that the QQQ short trade entered back on March [...]

2017-06-02T10:45:17+00:00 Jun 2, 2017 10:45am|Categories: Completed Trades - Short|Tags: , |Comments Off on KEYS Stop Hit, QQQ Update

KEYS Bearish Pennant Chart Pattern

The expected reaction following the initial impulsive thrust down to the first target (the flagpole) has taken the form of a bearish pennant continuation pattern with the next sell signal on KEYS to come on an impulsive break down below the pennant. Note how perfectly the measured target (i.e.- length of the flagpole added to the top of the pennant, should it break down soon) lines up with my 2nd & final price target. Previous & updated daily charts for the KEYS (Keysight Technologies Inc) Active Short Trade below: As always, click on the symbol tag (KEYS) at the [...]

2017-03-30T10:07:19+00:00 Mar 30, 2017 10:07am|Categories: Completed Trades - Short|Tags: |1 Comment

KEYS First Price Target Hit For A Quick 6% Profit

The KEYS (Keysight Technologies Inc) short trade has hit T1 for a quick, 2 day gain of 6%. Consider booking partial or full profits and/or lowering your stops if holding out for T2, which is the final price target for this trade. Previous & updated daily charts: KEYS has essentially wiped out the previous 4+ months of gains in just the last 5 trading sessions; a great example of how stocks typically fall much faster than they rise & how being a flexible trader, shorting stocks in addition to trading long, can enhance returns for traders & investors as [...]

2017-03-23T09:51:06+00:00 Mar 23, 2017 9:45am|Categories: Completed Trades - Short|Tags: |Comments Off on KEYS First Price Target Hit For A Quick 6% Profit

Earnings Trade Setups, part 2 (video)

This is a follow-up to Wednesday's Earnings Trade Setups & Trading Tips video. In that recent video, I had scrubbed through a long list of stocks that were scheduled to report earnings on Wednesday March 8th, narrowing it down to a list of 20 stocks that appeared to have clearly bullish or bearish chart patterns. The purpose of that video was two-fold: First, to provide a list of actionable trade ideas with the additional benefit that all of those stocks will have just reported earnings, thereby allowing a swing trader to establish a position without having to make the tough decision [...]

Earnings Trade Setups & Trading Tips (video)

The video covers the outlook for numerous stocks with clearly bullish or bearish chart patterns that are scheduled to report earnings today. Also discussed are several factors & strategies that traders might consider when trading a stock around its quarterly earnings report. One example of the point that was made in the video that it has been my experience that more often than not, an earnings-induced gap and/or the next direction in the stock in the coming days/weeks+ can be predicted with a fair degree of accuracy if the technicals on the stock leading up to the earnings report are clearly [...]

2017-03-08T21:19:08+00:00 Mar 8, 2017 10:28am|Categories: Equity Market Analysis, Trading Tips, Unofficial Long Ideas, Unofficial Short Ideas|Tags: , , , , , , , , , , , , , , , , , , , , |Comments Off on Earnings Trade Setups & Trading Tips (video)