Short Trades Removed

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 of cleaning up the Trade Ideas, I will be removing any trades that no longer look attractive from a technical perspective in order to make room for some new trade ideas. ALXN, CBK, DDS, DHI, EWJ, HLF, JPM, PHM, TASR, THI, TJX, VAL, WFC, XHB, XLF, [...]

May 19, 2013 9:58pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , , |Comments Off on Short Trades Removed

Russell 2000 video overview

I've received a few comments lately regarding the strength of the Russell 2000 (small caps) so I made this video to share my thoughts on the index.  I also covered the charts on the following components of that index in order to get a better feel on where the index itself is likely to go from here.  Many of these stocks are either active or recently completed trades on the site so for those who wish to skip forward in the video, here's a list of the charts in the order discussed: $RUT weekly, $RUT daily, $RUT 60 min, WNR, GCO, [...]

Dec 21, 2012 12:43pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Russell 2000 video overview

XOMA short entry or add-on

The XOMA active short trade is offering an object add-on or new short entry on the back-test of the recently broken support, which is now resistance.  Assuming a short entry around the 3.00 level (the stock closed at 2.98 after making a high of 3.01 today), I would suggest a stop over 3.25 which would provide a 3:1 R/R.  The sole target on this trade is at the 2.27 level, which would provide a 23.8% gain from where the stock closed today.  Previous chart (from the 10/30 Biotech Video) and the updated chart below:

Nov 26, 2012 5:17pm|Categories: Completed Trades - Short|Tags: |Comments Off on XOMA short entry or add-on

Biotech Short Trade Ideas Video

The biotech sector remainS one of my favorite short trade ideas and I've put together this video covering the charts of the 14 biotech stocks that I posted on October 21st as my favorite individual shorts in the sector (click here to view that post).  Also discussed are the IBB, my preferred ETF for the sector as well as a few alternative etf's (PBE, XBI, BBH, etc...). CLICK HERE TO VIEW THE 10/30/12 BIOTECH SECTOR TRADE IDEAS VIDEO

Oct 30, 2012 3:42pm|Categories: Completed Trades - Short, Equity Market Analysis|Tags: , , , , , , , , , , , , , |Comments Off on Biotech Short Trade Ideas Video

biotech short trade ideas

one of my favorite sectors to short at this time is the biotech sector.  in fact, there are so many nice charts that i really can't pick any one or two favorites (although the recently triggered BIIB active trade is one of my top picks).  therefore, i will try to put together a video covering the trade ideas in that sector asap, hopefully tomorrow.  i went thru the charts of all 116 components of the IBB (iShares Biotechnology Index Fund ETF) and here is list of some of the best looking shorts in the group, as well as two longs that [...]

Oct 21, 2012 10:45pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , |Comments Off on biotech short trade ideas