Apple (AAPL) is the stock that everyone loves to hate and hates to love – and it looks poised to make a move. Which direction, you ask? Good question, but the odds seem to favor a move higher, as the chart is showing us complete exhaustion (stalemate) at the current level. Volatility is at a…
DetailsPalo Alto Networks, Inc. (PANW) offers a network security platform for enterprises, service providers, and government entities. This is a red hot sector; PANW trades with peers such as INTC, FEYE, FFIV, FTNT and JNPR. On Friday PANW jumped 11.04% (+$7.67) on news that a mistrial was declared in its patent infringement suit instituted by…
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Many traders have been looking for a big drop in the markets, viewing it as an opportunity to get on board. What an awful position to be in, because, as we know, markets are not accommodating. They are going to do what they are going to do, which will only add to the frustration of…
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This week’s webinar was a blast, so if you missed it, take a listen below! As usual, I started the session with my “state of the markets,” during which I talked about different trade ideas and the VIX. Mish Schneider from MarketGauge.com joined me to discuss charts and trends. She also gave a wonderful analysis…
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When Bob Lang and Bryan Ashenberg started setting up their new stock-picking service, Trifecta Stocks, for RealMoney.com and TheStreet.com, they knew a deep dive into the strength of any given stock was the best way to pick surefire winners. The result: A groundbreaking triple filter feature that uses quantitative, fundamental, and technical analysis to sniff…
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The chart of Monsanto (MON) has started to spread its wings and could be heading for higher prices. The action of late is constructive and indicative of a sharp move ahead. Momentum indicators are showing a strong buy signal and price just lifted over some strong resistance. Given the nice volume of late and good…
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Imagine this scenario: A stock is down 5.8% in about ten days, and then up 5% ten days later. The speed at which these stocks reverse is so quick that if you were long or short, you might need to wear a neck brace to protect yourself from whiplash. If you took a wrong turn,…
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During this week’s webinar, Dan Nathan and I got started talking about option strategies and risk management. Dan discussed the various ways to define risk using options and how riskreversal.com does it’s best to educate others on how to be better option traders. We then talked about some different trade ideas, including GE, HTZ and…
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Mad Money host Jim Cramer went “Off the Charts” with me this week as we look to see where U.S Treasurys are headed. As you’ll see in the video clip below, Cramer declares that bonds are the market’s foundation.
Celgene was one of the best performers in the biotech group for 2013. So far this year the stock continues to perform well; during the January swoon, it barely budged. The current price is perched on the handle of a very deep cup/handle pattern, pulling back from the recent surge toward 170. This recent consolidation…
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