Inside the Window of Opportunity or Risk Two out of the four market indices had inside trading days today. An inside day is when the current day’s trading range is literally inside the prior day’s trading range. Imagine inside days …
***Note: IFN: cancel target at 24.23 and raise to 25.97. Raise Trailing stop to 22.57
***Lower trailing stop in KBH: 17.34
+++++++++++++++++++++++++++++++
New Position: Long KORS at 36.80 ATR .74
Name of Instrument: Michael Kors Hldg, LTD
Current Price: 36.92…
When the Moon Hits Your Eye So You Capitalize When the moon is full, the gravitational pull of the moon and sun are combined. Hence, the full moon exerts a powerful pull on the Earth. The “lunar effect” whether real …
***Note: No stop changes +++++++++++++++++++++++++++++++ New Position: Long KORS at 36.80 ATR .74 Name of Instrument: Michael Kors Hldg, LTD Current Price: 36.85 Reason For Trade: One of my favorite setups is a buy against a historical low after a …
In and Out of the Market’s Bulls-eye “You sit on the bulls-eye and I will wrap my neck around yours to keep you there,” one Brontosaurus says to another Brontosaurus. If you can imagine the Brontosaurus outside the bulls-eye as …
***Note: ***LOWERED KBH Next profit target to take off ½ is now 19.94 (MIT). ***The other stops remain the same PLEASE WATCH TODAY’s VIDEO ++++++++++++++++++++++++++++++++++++++++++++ Existing Position: Long CCJ 11.12 ATR: .43 Name of Instrument: Cameco Corp. Current Price: 10.88 …
This content is for Premium subscribers only. Please register or click here to login.…
Today's video contains extra content on reading the market watch charts to anticipate market reversals. Market Bias: Short-term bearish. SPY closed and continued under the 10-day MA and IWM closed under key level and 50-day MA. Wait for moves over …
When Reflection Overrules Market Luster Sometimes, what catches the eye is the reflection rather than the thing itself. For quite some time, the thing itself has had enough shine to superficially attract onlookers. However, with the 5th day in a …
***Note: Cancel the Profit Target in KBH at 19.34. Instead, raise trailing stop to 17.74. Next profit target to take off ½ is now 20.00 (MIT). ***The other stops remain the same ++++++++++++++++++++++++++++++++++++++++++++ Existing Position: Long CCJ 11.12 ATR: .43 …