Notes and annotations on chart. Remember, many of the notes are dated. Current notes are in green. Piper Jaffray Companies (PJC) weekly Wynn Resorts Ltd (WYNN) weekly Symantec Corp (SYMC) weekly Bank of America Corp (BAC) weekly American Airlines Group Inc (AAL) weekly California Resources Corporation (CRC) daily Morgan Stanley (MS) weekly Cronos Group Inc (CRON) daily Stemline Therapeutics, Inc (STML) daily Western Digital Corp … [Read more...]

I'll use the Dow ETF (DIA) chart to update the broader market price action. We are getting a reversal right where I outlined 17 days ago on July 4th. This occurred exactly where price touched the ascending resistance line, established by the January 2018/October 2018 tops. I don't know about you but I still marvel at price action around these important levels that can be identified. I think price is going back up to revisit/retest this ascending level soon, before drifting lower over the … [Read more...]

Over the next week or so I will post charts of all open entry ideas. See notes and annotations on charts. SPDR's S&P 500 Trust Series ETF (SPY) daily Invesco QQQTrust Ser 1 (QQQ) daily SPDR Dow Jones Industrial Average ETF (DIA) daily SPDR's Select Sector Technology ETF (XLK) daily SPDR's Select Sector Utilities ETF (XLU) weekly SPDR's Select Sector Health Care ETF (XLV) daily SPDR's Select Sector Financial ETF (XLF) daily Charles Schwab … [Read more...]

To keep things fresh I'm doing a short (6 min) video this week. I will cover the following: 1. Broader market through lens of Dow ETF (DIA). 2.  Exits on EVH and RIOT 3.  Commentary on YETI and GBTC. I am having technical issues today with my charting platform (many of my chart notes and annotations are not appearing) so please bear with me. TC2000 is working on restoring my work but it probably won't happen until Monday. In the meantime, there are a ton of companies I would l … [Read more...]

I hope you had an enjoyable 4th of July. This week I have my usual coverage of the broader market, a look at a few "weed" stocks, a speculative Biotechnology set up and some notes on Zoom Zoom (Tesla). Broader Market Update Looking back on the first half of 2019 it would appear I have been pretty aggressive. That's because I have been. In the first six months of the year I have highlighted 76 entries while only 26 in all of last year. Clearly, it's been a ripper of a year to have ramped up … [Read more...]