This has been a great week for setup plays as support/resistance levels are holding up well. We need to pay attention to what happens in Greece as well as China over the weekend. Data out of China was weak last week, so the Chinese may surprise with a rate cut over the weekend. We are [...]
Watch List for 5/11/2012 – Watch for Support as Futures are Down
From the first positive day (barely) we are seeing further weakness in after-hours as volatility is moving in again. We see this move today as simply an oversold bounce, so watch your support levels. On watch for tomorrow… $JWN – Nordstrom missed on Q1, but still back their 2012 profit target. Either way, the stock [...]
Watch List for 5/10/2012 – Europe Weighs on the Market, Not on Traders
Sell in May and go away. This line is repeated over an over in the mainstream media, but that mantra has little effect on intraday traders. There continues to be great setups out there if you can spot them. Stick to the movers and you’ll make some nice returns. On watch for tomorrow… $CSCO – [...]
The Watch List for 5/8/2012 – We Are All Stock Pickers
With stocks stuck in a rut, the market is getting close to some key technical levels. After a six-month climb, the S&P 500 hasn’t done much since topping out at 1422 on April 2. Since then, the index lost about 4.5% before regaining much of those declines over the next few weeks. It crossed back above [...]
Watch List for 5/7/2012 – Let’s Go For a Repeat Week
There have a been a good number of stocks to watch as there’s always something going on in the markets. It’s good to keep your watch list small so you don’t get over whelmed with charts to trade. Stick to your plan and you’ll see success in your trading. $AIG – We highlighted AIG yesterday [...]
Watch List for 5/4/2012 – Setups Abound
Although most of the major earnings march has passed, there are still good setups every day. Many of these can be traded both daily and intraday, so it all depends of your strategy. Here is what we are watching for tomorrow’s trade. $AVP – Huge pop right before the close. There are some rumors of [...]
Watchlist for 5/2 – These Stocks are HOT!
The setups are all over the place. Just be patient and wait for them to fall into place. Another great day in the markets today. Here’s the watchlist for tomorrow and be sure to check back in pre-market for the Morning Gameplan video! Stocks on Watch: $HLF $NUS $HOLX $MDRX $MNST $WDC $ACI $BRCM [...]
Watch List for April 25, 2012 – Some Big Movers for Tomorrow
Big earnings continue. Today was highly anticipated only becuase of one name… $AAPL – beat estimates and earnings due to stronger iPhone sales than expected. Always a huge mover, this stock will move the markets tomorrow. It exploded higher in after-hours trading and is trading around the $600 mark. $600 has been a level [...]
Watch List for 4/24/2012 – So Much Action! It’s a Traders Market.
Earnings continue along with some crazy news driven price action. Monday had quite a few movers and shakers creating numerous opportunities to scalp and swing trade. Some after-hours action happening tonight that should make some good trading plays for tomorrow. If you want to join us in chat, then sign up for your 14-day [...]






