In our Almanac Trader portfolio we look for bullish or bearish short-term biases based upon calendar events. Summer are usually slow trading days as many people take vacation. They start coming back after the Labor Day, which increases the volatility after that day. We have found that Russell 2000 index usually shows a bullish bias around Labor Day that…

Some of our trade ideas from last night Daily Trader report triggered in the first 30-minutes of trading. For other update the entry/stop levels based upon ORB (Opening Range Bar – first 30-minut candle) ANET (long) ran away and we will skip it WDAY (short) – modify entry to 86.26 VGR (long) – update entry…

Our Daily Trader portfolio scan generated following trade setups for Friday August 29th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Crown Holdings Inc. (CCK) Direction: Long Entry: 48.31 or ORB (Opening Range Bar – first 30-minute candle) break Stop: 47.52 Target:…

If you are short VMW from our Daily Trader report for August 26th then I would cover it here. It seems to be reversing after testing the low made on August 26th

In our last alert for Almanac Trader portfolio, we went long SDS and DXD. We will exit these position at the close today.

If you are long ISIS from our Daily Trader report yesterday then I would take profit here. Updates on trading ideas from August 28th Daily Trader report: JMEI (short) gapped down and we will skip this trade TSU (long) update entry to 28.69 – above ORB (Opening Range Bar – first 30-minute candle) BKS (long) update…

Our Daily Trader portfolio scan generated following trade setups for Thursday August 28th, 2014. Barnes & Noble, Inc. (BKS) Direction: Long Entry: ORB (Opening Range Bar – first 30-minute candle) break Stop: 23.25 or Below ORB Target: 25.50 Pattern: Expansion Candle / Resistance Break / 28 Months High Hawaiian Electric Industries Inc. (HE) Direction: Long Entry:…

Our Almanac Trader portfolio looks for potential trading opportunities in the market based upon the calendar days. Due to a number of reasons, certain tendencies keep occurring around certain dates and calendar events. One such event is near the end of August when S&P 500 and Dow Jones Industrial Averages have shown bearish propensities that could be traded.…

Some of our trade ideas fro Wednesday triggered and some gapped. Modify entry levels based upon ORB (Opening Range Bar – first 30-minute candle) GWPH (long) gapped up a lot and then started to reverse. Modify entry to 96.77 Also, we will take a position in SDS if it goes above ORB Go long SDS…

Our Daily Trader portfolio scan generated following trade setups for Wednesday August 27th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. GrupoFinanciero SantanderMexicoSAB De CV (BSMX) Direction: Long Entry: 14.37 Stop: 13.95 Target: 14.61 Pattern: Expansion Candle GW Pharmaceuticalsplc. (GWPH) Direction: Long Entry:…