$INTC is a name that is starting to wake up and I feel is undervalued. IF the $DJI continues it’s current breakout rally, I think $INTC is a name for a 10% gain in a short period of time. Tune in to see the levels I am watching.
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Since Monday was October 1st, and since there were a few major market meltdowns during this month, the press wants to know if the highs are in. Except, the market exploded HIGHER this morning due to the new tri-lateral trade deal that replaces NAFTA. In today’s video, I discuss this new deal and what, if […]
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I’ll give the global/macro approach to the markets a rest today. In today’s discussion, I’d like to talk about Elon Musk and Tesla. In the first chart below we can see that there was a massive move lower; a gap down, followed by strong add-on selling. What happened? Was Elon Musk smoking pot again on […]
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Do you want a stock that can fly? How about the airlines and one of the stocks that can be a high flyer so to speak? ALK is the name and I see big things to come IF it can get past a certain price level. Tune in and watch to see the price levels […]
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Ah, the good ole maritime names. These stocks have made headlines before. DRYS most notably but quite a few of them are making noise this week. SAEX was the big mover yesterday and the sector followed suit today. DRYS, EDRY, ESEA, TOPS and a few others made some nice “pops” today. While I am unsure […]
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Today’s video discusses several reasons for Monday morning’s weakness, including a potential political problem. The video dovetails well with Friday’s post of the S&P 500 support and resistance levels (Hint – it’s on one right now).
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In today’s video, I discuss the market’s new highs, as well as targets for the Dow and S&P 500. In today’s world, trade wars and ever-increasing tariffs are BULLISH… who knew? Professors will have to rewrite their economic textbooks to include this wonderful new wrinkle in the markets.
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Today I talk about ADBE and why I like the buy-side opportunity. I am focused on recent trading behavior and the value of buying the dip in a trending name. Tune in to see the price levels I am watching in the near term.
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Finding the right stocks to trade (or not to trade) is one of the most difficult jobs we have as traders. Take a sneak peek inside a real trading room to see how we approach the trading day each and every day. Follow me on Twitter @MikeShorrCBOT
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When trading options, position allocation is one of the keys to avoiding undue variance in your trading portfolio. Watch this short video on how to access your risk and allocate accordingly. Follow me on Twitter @MikeShorrCBOT
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