Morning Notes – Friday June 22, 2018

Directional Bias For The Day: S&P Futures are higher; moving up since 3:30 PM on June 21; Odds are for an up move in the early sessions – watch for break above 2768.50 and break below 2763.25 for more clarity No key economic data due: Markets Around The World Markets in the East closed mostly up – Tokyo and Sydney closed…

Morning Notes – Monday January 8, 2018

Directional Bias For The Day: S&P Futures are higher; moving lower since 6:30 PM on January 7; Odds are for a sideways to down – watch for break below 2744.25 for change of fortunes No Key economic data due: Markets Around The World Markets in the East closed higher – Tokyo was closed European markets are mostly up – U.K. and Switzerland are…

Trades Update: September 11th

We will update some of our ongoing trades based upon the current market action. PCRX (short) – update the first target to 100.30. SOHU (short) – move stop to 55.43 QIHU (short) – adjust stop to 81.00 THRX (short) – update stop to 20.92

Trading Notes: September 11th

The early morning bias of the market is to the downside but it is somewhat orderly. Some of our trades ideas need to be adjusted based upon the first 30-minute trading. RVBD (long) – adjust entry to 19.50, stop to 19.25 and target to 19.83 TMST (long) – adjust entry to 50.93, stop to 49.43 and…

Trading Notes: September 10th, 2014

After yesterday’s action today’s morning session seems to be dull. Some of our trade ideas triggered in the morning. Update ARRS (short) entry to 29.38 VNET (short) gapped up and we were stopped out for 13.3% gain on the third piece for a total gain of 12.1% for the trade APA (short) hit the T1…

Trading Notes: September 9th

Many of our trading ideas from last night’s Daily Trader report gapped up. As is our policy,. we do not chase gaps if they are more than 1.00% away from previous close. Instead, we wait for the ORB (Opening Range Bar – first 30-minutes trading candle) to complete and the enter based upon its break…

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…

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…

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)…

Trading Notes – August 29th

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…