Tag Archives for " stock trade ideas "

0 Selling Kicks In

All the stock market averages were down today as selling kicked in to start the week. The DJIA was down 179 points and the SPX down 20. The volume of declining stocks on the New York Stock Exchange (NYSE) was the highest since September 28.

At one point today declining stocks outnumbered advancing stocks on the NYSE by 8:1 but by the end of the day that had narrowed to about 4:1. 

In tonight’s Weekday Market Wrap video we look at today’s selling and a couple of trade ideas. A new trade idea was entered on Las Vegas Sands (LVS) and a new one on Under Armour (UA) discussed.  Continue reading

0 Sunday Trade Ideas Video

In today’s trade ideas video I review trade ideas closed last week on Apache (APA), Chevron (CVX) and Whole Foods Market (WFM)…all of which were in the black.  I then review 2 trade ideas that were entered and still open on Twitter (TWTR) and Visa (V). And last, I review a pending trade idea on Las Vegas Sands (LVS).

“Courage is resistance to fear, mastery of fear–not absense of fear.” —Mark Twain

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0 Stock Market Levitation Act

The market pushed higher again today continuing its levitation act that it’s been conducting for a few weeks now. The DJIA was up another 165 points and the S&P 500 (SPX) was up 24.6 points. All the indices showed solid gains today.

Although the SPX is just 30 points away from its all-time high, the NYSE Composite Index (NYA) has just today hit a 68% retracement of the move down and Russell 2000 (RUT) has just touched a 50% retracement level.  

In addition to our review of the market action, I check our trade ideas. I may have forgotten to mention in the video, that we exited the last piece of the Whole Foods Market (WFM) trade idea, which closed that at a profit.  Continue reading

0 Sunday Trade Ideas Video

In today’s trade ideas video I review trades closed last week on Goldman Sachs(GS), Celgene (CELG) and Netflix NFLX). I then review trade ideas on Whole Foods Market (WFM), Apache (APA) and Chevron (CVX) that are open. And lastly I look at a new trade idea on Twitter (TWTR). Continue reading

0 Another Push Higher

The markets added another push higher today with a fair amount of volatility in the afternoon after the Fed announced no change in interest rates. The DJIA ended the day up 198 points and the Russell 2000 started to play catch-up also, up 33 points, almost 3%. 

Oil looks like it may trying to trap some bears with the move today. In tonight’s video I also talk about 2 new trade ideas on Apache (APA) and Chevron (CVX).  Continue reading