Bulls on Wall Street: Stop Guessing. Start Trading.

Market Speculator | Part Time Swing Trade Report

Quick Summary SPY hitting extreme overbought levels.  Short trade has worked 7 out of the last 10 times at these levels.  I will wait to short on an upmove or breakdown.  Looking for pullback entry in IWM.  Took partial profits […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary Two ways to short SPY, but must wait.  Can’t short here.  Go long with individual stocks, not SPY.  IWM still waiting for pullback entry. CAT (short), WLB, BEAV focus list setups.  New additons to watchlist: WLB, DHI, TOL, FB, […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary SPY vs IWM.  Small caps showing signs of improvement.  Waiting for confirmation to short SPY again.  Enter IWM long on pullback.  A number of focus list stocks moved back to watchlist because no longer near entry levels.  TSLA […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary SPY is near resistance levels and could provide another short entry, though resistance is weaker now since it is the third hit. TSLA short setup.  NFLX was pullback short setup today, and can enter tomorrow if candle holds. […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary SPY bouncing near resistance.  Provides another short entry but not as strong as our original entry since it is another test.  Watching old high (190+) and 50 dma (186.74) for potential breakout or breakdown.  CDNS (long) and TSLA […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary SPY gave up yesterday’s gains and is basing above 50 dma.  If the moving average breaks, we start scanning for shorts other than market indexes.  Focus list longs are all near long entries.  EMES and BEAV were removed […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary SPY bounced off 50 dma.  Look to exit bounce plays.  Short entry possible on more bounce.  Focus list long setups UA, NFLX, JAKK, CODE all at or nearing entry levels.  Focus list short EMES may invalidate short setup. […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary SPY’s bearish evening doji star continues it’s textbook short setup.  Also a trend within trend long bounce trade setup.    Entered GDP and UA long today, along with short term SPY long bounce trade.  Still holding half of […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary The expected bearish evening doji star printed today.  Expecting pullback to at least 50 day ma.  UA added to the Focus List, and watching IBB from ETF List.  India and Brazil remain strong.  Over coming days watching market […]

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Market Speculator | Part Time Swing Trade Report

Quick Summary SPY printed a doji hammer today.  Tomorrow we will know if a bearish evening doji star pattern prints.  If not already short, one can enter near today’s candle tomorrow.  GDP added to focus list stocks NFLX and JAKK. […]

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