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Bulls on Wall Street: Stop Guessing. Start Trading.

Trading Watch List 05.22.2017

Couple of days of bounce in SPY after it defended a year long trend line. SPY closed right below 20 MA, a break over that would turn this into another “V” shape bounce that dip buyers accustomed of seeing so […]

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Trading Watch List 05.17.2017

SPY breakout attempt but no follow through. Our game plan still remain the same, trade earning  related momentum names for quick day trades. Action in individual names remains  strong as earning movers like SINA, WB giving plenty trading opportunity intraday. […]

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Trading Watch List 05.15.2017

SPY stuck in a 3 weeks long range. Nothing new to report. Regardless of grinding move on indices, action in individual names are strong if you are trading the right stocks. So we are mostly focusing on earning related stocks. […]

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Trading Watch List 05.12.2017

Wild day in the market. It looked like SPY was going for a failed breakout move at open but dip buyers showed up on cue to bounce the market. SPY range holds again and closed back over short term momentum […]

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Trading Watch List 05.10.2017

Flat day for SPY right under breakout spot. Close but no cigar yet. Regardless of grinding move on indices, action in individual names are strong if you are trading the right stocks. AAOI, LITE, BITA, TSLA , MZOR,WTW some of […]

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Trading Watch List 05.08.2017

SPY finally manged to closed over the range on Friday. After 8 days of super tight range bound action, best day on Friday for SPY. Hopefully it will have a follow  through. Next big resistance at 240.31 and a breakout […]

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Trading Watch List 05.05.2017

Range continues in SPY.8 EMA keeps on getting defended.Still waiting on a move. Meanwhile choppy/sloppy moves on most individual stocks. Earning news related names  giving us some decent trading action. So as long SPY stuck n range we are mostly […]

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Trading Watch List 05.03.2017

SPY stuck in a tight box for over a week now. SPY first support 8 EMA, followed by 50 MA, 236 area and resistance at 239.53. AAPL earning is out after market closed,hopefully this will shake things up a bit. […]

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Trading Watch List 05.01.2017

Market in consolidation mode after rally. SPY first support 8 EMA, 237 followed by 50 MA, 236 area and resistance at 238.93.There are some concerning signs. Small cap IWM showing relative weakness and two big leadership tech stocks AMZN and […]

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Trading Watch List 04.26.2017

Market loved French election outcome and upcoming tax reform news! Back to back gap up and follow through days. Market a bit overbought in short term but momentum is there and as we saw in the past ,it can easily […]

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