Slope Highlights 2014 (Part 3 of 3)

Here is the third and final part of my retrospective with links to what I believe are the best posts of 2014 at Slope of Hope: Technical Tools Tale – my “pre-Prophet” job experience was at a little startup in Los Altos called Technical Tools, which included a stint with a famed market wizard. Mojave’s Story – I have three […]
Slope of Hope

Live Tonight 9 PM EST – My Top 10 Winning and Losing Trades of 2014

UPDATE- Broadcast has ended, view the video here!Tonight at 9 PM EST on my Ticker.tv channel, StockJunkie, I will be going through all my biggest winners and losers of 2014.
Original post: Live Tonight 9 PM EST – My Top 10 Winning and Losing Trades of 2014

Read the full article at StockTradingToGo.com

Read the full article at StockTradingToGo.com


Stock Trading To Go

Top Trade Ideas for the Week of December 29, 2014: The Rest

Written By: DragonFly Capital

Here are the Rest of the Top 10:

Fifth Third, Ticker: $ FITB
fitb

Fifth Third, $ FITB, bounced off of a bottom in October and is back at resistance. The latest move takes it over the 200 day SMA and a push higher could change the consolidation to an uptrend. The RSI and MACD both support more upside.

Flextronics, Ticker: $ FLEX
flex

Flextronics, $ FLEX, is at resistance since June after a pullback to the break out range from earlier this year. The RSI is in the bullish range and rising and the MACD is crossing up, a buy signal.

Mylan, Ticker: $ MYL
myl

Mylan, $ MYL, moved higher out of a bottom and consolidation in October to a new high to end November. After a pullback it is moving higher again and now consolidating with a MACD about to cross up and a RSI pushing on the bullish zone.

Panera Bread, Ticker: $ PNRA
pnra

Panera Bread, $ PNRA, has built a Cup and Handle since April, and is now triggering over the lip of the cup. The RSI is supporting a continuation higher as is the rising MACD.

Timken, Ticker: $ TKR
tkr

Timken, $ TKR, pulled back hard from a top this summer to a low in October. The rebound reached prior support before falling and is now back at that level from a higher low. The MACD is rising and the RSI on the edge of a move into the bullish zone as it pushed higher.

Up Next: Bonus Idea

The Best

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which, heading into the last week of 2014, sees the equity markets looking positive, with a possible major rotation into small caps under way. Elsewhere look for Gold to bounce hold between 1180 and 1200 in its downtrend while Crude Oil builds a base near 55. The US Dollar Index looks to continue higher while US Treasuries are biased lower in the short run, within their uptrend. The Shanghai Composite sits at resistance but with a strong look and could just keep moving up while Emerging Markets are biased to the upside in their downtrend. Volatility looks to remain subdued keeping the bias higher for the equity index ETF’s SPY, IWM and QQQ, despite the moves higher. Their charts look solid as the SPY sits at all-time highs and the QQQ at 14 year highs. The IWM may be breaking a 14 month range to the upside, which could trigger a major rotation into small caps. Use this information as you prepare for the coming week and trad’em well.

Get my book, Trading Options: Using Technical Analysis to Design Winning Options Trades.

Want to learn more about Dragonfly Capital Views?
Dragonfly Capital Views Performance Through December 2014 Expiry and sign up here

The post Top Trade Ideas for the Week of December 29, 2014: The Rest appeared first on Dragonfly Capital.

Dragonfly Capital

Top Trade Ideas for the Week of December 22, 2014: The Rest

Written By: DragonFly Capital

Here are the Rest of the Top 10:

AmerisourceBergen, Ticker: $ ABC
abc

AmerisourceBergen, $ ABC, went through a basing period from late July until mid October before launching higher. Now it is consolidating under new resistance after a small pullback. The RSI is moving back higher in the bullish zone after bouncing off the mid line while the MACD is flattening.

ConAgra, Ticker: $ CAG
cag

ConAgra, $ CAG, reported earnings last week and pulled back intraday to the 50 day SMA. A Hollow Red candle showed a quick rebound and it is now at resistance again. The MACD continues lower but the RSI is trying to rebound, while it has remained in the bullish zone.

Domino’s Pizza, Ticker: $ DPZ
dpz

Domino’s Pizza, $ DPZ, broke a long consolidation area higher in October, and has been absorbing the move since the beginning of December. The price is now approaching the top of the new consolidation range with a RSI that is running higher after a bounce, and in the bullish zone and a MACD that is turning back up.

Schlumberger, Ticker: $ SLB
slb

Schlumberger, $ SLB, has been trending lower since July began. The recent ‘V’ bottom in December gives hope for a reversal, as it is back at the gap lower level Friday after printing a bullish Marubozu candle. The RSI is trying to crack the mid line while the MACD has crossed up and is rising.

Weyerhaeuser, Ticker: $ WY
wy

Weyerhaeuser, $ WY, is moving higher is a strong trend since April. The pullback ending last week has reversed and is back at resistance with a rising and bullish RSI and a MACD turning up. The series of higher lows and higher highs continues. The RSI held at the mid line on the pullback, a strong bullish signal.

Up Next: Bonus Idea

The Best

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which, heading into the Holiday shortened week for Christmas, sees the Santa Claus Rally already in full swing for equities. Elsewhere look for Gold to continue to bounce in its downtrend while Crude Oil gains some footing. The US Dollar Index is making another leg higher while US Treasuries also look towards all-time highs. The Shanghai Composite continues its move higher but requires a cautious stance from a momentum perspective while Emerging Markets are reversing higher. Volatility looks to remain subdued again and may fall keeping the bias higher for the equity index ETF’s SPY, IWM and QQQ. Both the SPY and QQQ look to retest their prior highs and the IWM its all-time high. Use this information as you prepare for the coming week and trad’em well.

Get my book, Trading Options: Using Technical Analysis to Design Winning Options Trades.

Want to learn more about Dragonfly Capital Views?
Dragonfly Capital Views Performance Through December 2014 Expiry and sign up here

The post Top Trade Ideas for the Week of December 22, 2014: The Rest appeared first on Dragonfly Capital.

Dragonfly Capital

Benzinga Morning Prep from December 18, 2014

Written By: DragonFly Capital

If you did not hear the show Thursday morning where talked about market volatility, the Fed, options strategies and more, you can listen here, just click my nose.

Get my book, Trading Options: Using Technical Analysis to Design Winning Options Trades.

 


 

Want to learn more about Dragonfly Capital Views?
Dragonfly Capital Views Performance Through November 2014 Expiry and sign up here

The post Benzinga Morning Prep from December 18, 2014 appeared first on Dragonfly Capital.

Dragonfly Capital

Options Trading for Income with John Locke for December 8, 2014

No relevant positions

Risk disclaimer

A great way to improve your trading results is by keeping up to date with the latest trading techniques and current market conditions!

Click HERE and join me every Monday at 9 AM EST for our free “Options Trading for Income” Webinars! Where you get expert analysis of the markets and the opportunity to follow along with the best options trading strategies in the business. Read more […]
SMB Capital – Trading Education

Macro Week in Review/Preview December 12, 2014

Written By: DragonFly Capital

Last week’s review of the macro market indicators suggested, heading into the week that equities broadly looked better higher but signs of rotation were showing up. Elsewhere looked for Gold to continue the short term channel higher in the downtrend while Crude Oil might be finding a bottom at last. The US Dollar Index continued to be strong as US Treasuries were biased lower in the uptrend. The Shanghai Composite looked to continue its uptrend, but perhaps with a short term pause while Emerging Markets were consolidating in a bear flag and biased to the downside. Volatility looked to remain subdued keeping the bias higher for the equity index ETF’s SPY, IWM and QQQ. The SPY looked good on the longer timeframe with the IWM starting to move out of a tight range higher. The QQQ looked a bit tired in the short run and money might rotate out of it to the IWM.

Well that did not work out so well for equities. The week played out with Gold continuing higher while there was no bottom in Crude Oil as it continued lower. The US Dollar pulled back to support while Treasuries moved back near the October high. The Shanghai Composite finally spent some time consolidating while Emerging Markets broke the bear flag to the downside. Volatility crept up closing near critical levels. The Equity Index ETF’s halted started the week to the downside and just kept slipping, with the SPY ending at the 50 day SMA and, the QQQ at the lower Bollinger Band®, and the IWM the strongest but still at the low of the week. What does this mean for the coming week? Lets look at some charts.

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits feed and on chartly.)

The post Macro Week in Review/Preview December 12, 2014 appeared first on Dragonfly Capital.

Dragonfly Capital

Top Trade Ideas for the Week of December 15, 2014: The Rest

Written By: DragonFly Capital

Here are the Rest of the Top 10:

Alexion Pharmaceuticals, Ticker: $ ALXN
alxn

Alexion Pharmaceuticals, $ ALXN, is heading toward support and the rising 50 day SMA. As it gets there this time the RSI has lost the mid line and is falling while the MACD is running down, both supporting more downside price action.

Express Scripts, Ticker: $ ESRX
esrx

Express Scripts, $ ESRX, broke the rising trend support Friday and is approaching horizontal support with a gap to fill below. The RSI is falling, but has worked off a technically overbought condition while the MACD crossed down and is moving lower supporting more downside price action.

Eaton, Ticker: $ ETN
etn

Eaton, $ ETN, rejected at resistance and Friday broke the consolidation range to a new lower low with a near bearish Marubozu candle. The RSI is into the bearish zone while the MACD is running lower, both supporting more downside price action.

3M, Ticker: $ MMM
mmm

3M, $ MMM, moved higher out of an expanding wedge in October and stalled at the target higher right around 163. After what could be consolidation it broke support Friday to a lower low. The RSI is cracking below the mid line and the MACD is running lower. These support more downside.

PVH, Ticker: $ PVH
pvh

PVH, $ PVH, is approaching a resistance zone from a higher low as it bounced off of the 200 day SMA last week. The RSI held in the bullish zone and is turning back higher while the MACD just crossed up, both supporting more upward price action.

Up Next: Bonus Idea

The Best

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which, heading into the last full week of the year sees the equity markets showing weakness. Elsewhere look for Gold to continue its short term uptrend while Crude Oil continues the trend lower, but with perhaps a short term bounce. The US Dollar Index looks to move sideways in the uptrend while US Treasuries are biased higher. The Shanghai Composite is finally consolidating its strong move in the uptrend while Emerging Markets look to continue their fall lower. Volatility looks to remain slightly elevated in the low zone keeping the short term bias lower for the equity index ETF’s SPY, IWM and QQQ. The SPY and QQQ look weakest and have room to pullback more while the IWM is consolidating but at the bottom of the range, so also vulnerable. Use this information as you prepare for the coming week and trad’em well.

Get my book, Trading Options: Using Technical Analysis to Design Winning Options Trades.

Want to learn more about Dragonfly Capital Views?
Dragonfly Capital Views Performance Through November 2014 Expiry and sign up here

The post Top Trade Ideas for the Week of December 15, 2014: The Rest appeared first on Dragonfly Capital.

Dragonfly Capital