CPA JOSS

Today's chart of the day is a recent IPO that almost all of us use for online purchases, Paypal. PYPL has formed a few key levels that we can now trade off. First are the IPO lows and highs, which form an 8 point range between $34 and $42. Watch for either a pullback to the low or breakout of the highs for a good, low risk entry. The other two key levels are the gap fill and pivot areas

CALA is a biotech stock that has shown some buying interest while in the midst of a down trend. The recent volume surge has the stock over it's 50 dma, which could start a remount and give it the momentum it needs to make a short term run. This is a speculative setup.    Please retweet if you liked this article! Tweet Subscribe to The Market Speculator by Email and never miss a post!  If

Biotech ETF IBB has been on a spectacular run since the market selloff, but now the chart is telling us that it looks ready to rest. Intraday today a negative candle pattern is forming at overbought conditions. If this pattern can hold going into the close, we could see a pullback. Two key levels are the old pivot high at $382, and the 50 dma at $370. These areas provide initial targets for the

Yet another earnings season is upon us and we have our first earnings breakout setup. ANFI broke out  from a down trend and remounted the 50 day moving average on huge relative volume. I will look to enter on a slight pullback. Subscribe to The Market Speculator by Email and never miss a post! If you would like to learn more about how I trade, receive my nightly focus list with market

Amazon is setting up as a new high breakout entry. The stock is currently above it's earnings breakout level, which sets it up in a "new box" above the $415-445 range. A close here could set it up for a run to $500. Please retweet if you liked this article! Tweet Subscribe to The Market Speculator by Email and never miss a post!  If you would like to learn more about how I trade, receive my

$GOOGL cracked $600 in early 2014 and quickly pulled back. Since that time the stock has been consolidating and actually broke below the 50 dma. After a few failed attempts at remount, the stock has gapped up over the 50 dma today. If this level holds we could see a run to $600 and another attempt at breaking out over this key round number. I am holding $GOOGL in my longer term position trading

At the first sign of a market sell off or correction, my eyes leave my well developed focus list and turn to the CBOE Volatility Index, otherwise known as VIX. During market selloffs, it is crucial that you learn how to trade VIX. Why do I love trading the VIX during sharp selloffs and corrections?   Please retweet if you liked this article! Tweet It's because the VIX smells fear and acts