What We’re Trading

As there are several distractions recently, I have cut way back on my trading, observing and focusing on very solid setups only. For weeks I have been discussing that the lack of quality setups, plus […]

There have been 3 huge runner stocks this week – ZSAN, RKDA, and DXR. I somehow lost money in ZSAN, had a couple of great trades in RKDA, and 2 more excellent trades with DXR […]

People who are adept at exiting a losing trade and sticking with their stops will always stick around this business. That’s great.  But you can really up the performance, yes with more risk, by fighting […]

The stock market is very active, with numerous opportunities for short-term trading. Yesterday we discussed ZSAN and NVIV in premarket, both very active. ZSAN is sort of reminiscent of an AVEO or a GLYC in […]

A quick post about the buy setups, exit areas, and longer-term vs shorter-term bottoms. Most of the text is on the charts themselves. First, MRNS, talked about this screw-up recently in premarket. I know exactly […]

When the stock market itself is rallying, and in some kind of a strong uptrend, there are going to be runner stocks. The powerful stock market rallies will breed numerous runners. But the number of […]

Showing up every single day is an immensely more powerful tool than any “magical” trading system. When we started this website, some dude said he wanted actionable advice. That question made me know that he […]

Wednesday I was focused on my overnight SPY call position, which I sold into the rally, plus a longer-term TLT put position which I’ve held since 12/6/17. These were discussed in intraday comments yesterday. I […]

Very quick post. The resistance area in the SPY, which I first discussed in this post from 2/16, is the area where I believed we would start to see more range trading vs the rocket […]

This post should be used in conjunction with the Thursday 2/15 SPY daytrade melt-up post. In that post I included a chart of the SPY (first chart below), in which I was waiting for the […]