@SJosephBurns are you quoting from a woman's guide to one night stands again? — Northy (@NorthmanTrader) March 24, 2015 @zerohedge Fidelity's "contrarian" fund loves Apple, Facebook, and biotech. Someone give Danoff a copy of Merriam-Webster. — Mike A. (@ThePauper1) March 24, 2015 Eliminate emotion by setting a plan BEFORE u enter a trade. Plan […]
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Next resistance level is all time highs at $212.97 there is a high probablity we get there next week. The RSI is bullish and there is room to get back to all time highs without becoming over extended. $SPY had a bullish MACD crossover on Friday. All near term support lines held last week.
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Top Trading Tweets of the Week: 3/20/15 Stocks Open Sharply Higher On Increasing Macroeconomic Uncertainty, Unprecedented Geopolitical Risk — Downtown Josh Brown (@ReformedBroker) March 20, 2015 “Time of maximum pessimism is best time to buy, and time of maximum optimism is best time to sell.” John Templeton. pic.twitter.com/M1TTHG7A1A — Ed Matts (@EdMatts) March 15,
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Current support is the $204.50 that held Wednesday and Friday. It would not be a good risk/reward to short a break under the $204.50 price level as the RSI will be in the thirties if support is lost and in the oversold rally zone. $207 is our near term resistance. A break above this
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Top Trading Tweets of the Week 3/13/15 Wall Street Firm Develops New High-Speed Algorithm Capable Of Performing Over 10,000 Ethical Violations Per Second http://t.co/L2DISRRkiB — Downtown Josh Brown (@ReformedBroker) March 13, 2015 Don't smoke. I did. Wish I never had. LLAP — Leonard Nimoy (@TheRealNimoy) January 11, 2015 CASH RULES EVERYTHING AROUND ME EXCEPT WHEN OTHER ASSETS PROVIDE HIGHER RISK ADJUSTED YIELDS CONTROLLING FOR LIQUIDITY PREFERENCES B — Wu-Tang Financial (@Wu_Tang_Finance) March 7,
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Chart courtesy of stockcharts.com The long term uptrend is still in place. $SPY pulled back and found support on the previous all time high breakout from late 2014. (This resistance/support line has been on my chart for weeks. It was not drawn this morning). There was a bearish MACD cross on Thursday that was confirmed
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Chart Courtesy of StockCharts.com $GOOGL has broken out above the 200 day. This is a viable option to buy with correct position sizing with a stop loss placed at a close below the 200 day. Options in $GOOGL are also liquid, giving the trader a way to cap their risks at only the cost
Chart Courtesy of StockCharts.com My February $TQQQ Trade I entered $TQQQ at $97.19 on February 10th in the morning after the gap and go break out over the 50 day sma. This was a momentum buy signal crossing the 50 day, the 5 day ema, and it was a gap up over the previous day’s
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Chart Courtesy of StockCharts.com 10 Fast Facts About the $SPY Chart The long term uptrend is still in place. $SPY is within striking distance of all time highs. The RSI still gives it room to run up. $SPY closed below the 5 day ema. Momentum is waning. The MACD is close to a bearish
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Trading Tweets of the Week 2/27/15 Sometimes no position is the best position. A compulsion to trade leads to disaster. — Peter Brandt (@PeterLBrandt) February 2, 2015 How to ride a trend 1/ Believe it 2/ Small position size 3/ Use stops that mean something 4/ Hold on tight cause its never easy — DK1
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