Daily Trader: Trading Ideas For September 9th

Here are some trade setups for our Daily Trader portfolio for Tuesday September 9th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Rackspace Hosting Inc. (RAX) Direction: Long Entry: 39.91 Stop: 38.66 Target: 40.72 Pattern: Expansion Candle / Channel Break Out /…

Daily Trader: Trading Ideas For September 8th

Here are some trade setups for our Daily Trader portfolio for Monday September 8th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Comcast Corp. (CMCSA) Direction: Long Entry: 55.89 Stop: 54.68 Target: 56.45 Pattern: Expansion Candle / Resistance Break WisdomTree India Earnings Fund (EPI)…

Daily Trader: Trading Ideas For September 5th

Here are some trade setups for our Daily Trader portfolio for Non-Farm Pay-roll Friday September 5th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Costco Wholesale Corp. (COST) Direction: Long Entry: 125.27 Stop: 123.94 Target: 126.95 Pattern: Expansion Candle / Gap Up…

Trading Notes: Thursday September 4th

ECB President Mario Draghi gave a fresh impetus to the market rally by cutting rates and announcing Quantitative Easing. The futures jumped and the market opened higher. Some of our trade setups triggered. For others adjust the entry levels based upon ORB (Opening Range Bar – first 30-minute trading candle). GD (long) – some of you…

Daily Trader: Trading Ideas For September 4th

Here are some trade setups for our Daily Trader portfolio for Thursday September 4th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Leucadia National Corp. (LUK) Direction: Long Entry: 25.61 Stop: 24.90 Target: 26.25 Pattern: Expansion Candle / Resistance Break / Channel Break…

Trading Notes: September 3rd

Some of our trade alerts from last night’s Daily Trader report were triggered. For others adjust the entry levels based upon ORB (Opening Range Bar – first 30-minute candle). PANW (long) gapped above our entry price. Adjust the entry to 92.80 and stop to 91.80 TASR (long) also gapped above our entry price. Adjust the…

Daily Trader: Trading Ideas For September 3rd

Our Daily Trader portfolio scan generated following trade setups for Wednesday September 3rd, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Acxiom Corp. (ACXM) Direction: Long Entry: 19.23 Stop: 18.66 Target: 20.00 Pattern: Expansion Candle Air Lease Corp. (AL) Direction: Long Entry: 39.10 Stop: 38.23…

Trading Notes – September 2nd

People have come back from vacation and the market action is showing. Some of our trades from Daily Trader report for today have triggered. For other adjust the entry levels based upon ORB (Opening Range Bar – first 30-minute candle). CNSL (long) – update entry to 24.56 CRTO (long) – set entry to 37.51 TQNT (long)…

Daily Trader: Trading Ideas For September 2nd

Our Daily Trader portfolio scan generated quite a few trade setups for Tuesday September 2nd, 2014. Historically 56% of trade setups triggered. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Consolidated Communications Holdings Inc. (CNSL) Direction: Long Entry: ORB (Opening Range Bar – first 30-minute candle)…

Almanac Trader Alert – Labor Day Good For Small Cap

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…