Paul Singh Quick Summary SPY at extreme overbought levels on all indicators. Shorting strength. AMZN, FB, DHI, WLB, ALNY and HALO are on focus list. Z, GS, BIDU and GS are possibilities as well. New watchlist additions from biotech and other strong sectors. Still holding GOOGL and KORS long. The Market Key Pivot Levels: 195.38: new high resistance, …
Quick Summary Short SPY on strength. T2120 is at 97. Long setups IWM, AMZN, GMCR, TLT, KORS. Make sure to read trader education. The Market Key Pivot Levels: 194.45: new high, 190 old high, 188.01: 50 day moving average, 181.31: recent low 181-184: plenty of buying in this range. Under the Hood: After days of …
We are going to do things a little different today. Nothing has changed with the market today. Basically everything from yesterday’s report applies today. So if you need to, re-read yesterday’s report. Today we will go over today’s trade and the new watchlist additions from the semiconductor sector. Current Trades: An alert was sent t …
Quick Summary: SPY game plan remains the same. Focus list stocks GOOGL, WIN, BCRX, KORS, GMCR. BWLD added to watchlist. Semiconductors broke out today. Still holding KORS long and SPY short. **IMPORTANT ADMIN ISSUE: If you have not been receiving trade alerts and the emails that update you that the new report is ready, please …
Quick Summary: Today was a day of chop and little has changed since yesterday. I entered KORS long on pullback. Still holding SPY short. GLD entry on weakness. The focus list still has plenty of stocks close to entry level, but will remain cautious with market at overbought levels. **IMPORTANT ADMIN ISSUE: If you have …
Quick Summary: While SPY at highs and still short setup, lots of pullback setups for longs on focus list. GLD in support zone. Current trade is SPY short. **IMPORTANT ADMIN ISSUE: If you have not been receiving trade alerts and the emails that update you that the new report is ready, please check your *spam* …