Watch List 02/12/2015

Healthy basing action in SPY on top of the range.                               Our game plan from last blog , shorting extended oil names  and mini inverse relation between oil and biotech stocks worked out really well last two days. We had some …

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Watch List 02/10/2015

Nothing new to report. After trying to break out of the range, SPY was faded yet again are we are back to the range again.                               Oil run continues , however some oil stock are getting extended. I will be watching …

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Watch List 02/06/2015

Good day for the Bulls as SPY was able to catch a follow through up move after usual top of trend line  fade  on Wednesday.                               SPY broke out of the down trend line but stopped  right on resistance. If Bulls can …

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Watch List 02/04/2015

Buy the dip script continues in the market. As soon it looked like market going to break down the range, dip buyers showed up yet again!                               So now we are approaching the overhead resistance of the range, it will be …

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Watch List 02/02/2015

Range bound action continues in the market. All the rips get faded and dip still getting bought.                               Range bound action continues in the market. All the rips get faded and dip still getting bought. Dangerous choppy trendless market out there. …

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Watch List 01/29/2014

Not a great day for the Bulls as gap up after exciting  AAPL earning was quickly faded.                               So far this year has been buy the dip and short the rip for the indices . As you can see from the …

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