Professional Edition

For Stocks, Almost Isn’t Good Enough

The SPX almost broke out of its short term downtrend channel last week. “Almost” isn’t good enough. But there was no downside follow through after the failed breakout. All the peace and quiet could lead to a big time trading opportunity soon. Market Update Pro subscribers click here to download the complete market update, including the…

Market Plays Lazy Channeling Stocks Game

You already know that the rally has been sloppy. The numbers confirm that. It does not appear to have legs. Our trading portfolio is getting heavier on the short side after trailing stops took us out of several long trades. Bearish short term setups have increased on our broad based list of ETFs. Market Update…