Stocks Broke Out, Should You Chase The Momentum?

Stocks Broke Out, Should You Chase The Momentum?

Consolidation in the averages finally broke today, but a few noticeable things are occurring. First, the S&P has not yet cleared resistance as the NASDAQ has, and second, we are looking at Fibonacci projection resistance just above us.   He Could Have Ruined...
Just How Poorly Are The Retailers Doing?

Just How Poorly Are The Retailers Doing?

I was talking retailers on CNBC’s Fast Money tonight and after a quick visit with my monkeys I thought I would take you through the charts and a setup in this retailer…. Free Webinar – The Week’s Best Setups with Todd Gordon   Every...
Don’t Panic, It’s Just A Triangle

Don’t Panic, It’s Just A Triangle

Traders, don’t panic on this selling into the close. As we talked about yesterday it’s just a triangle and we should find support in the NASDAQ at these levels. TSLA acts great in a down tape and we’re holding put credit spreads while this support...