CPA JOSS

Today's stock chart of the day is Biotechnology ETF IBB. The pulled back hard taking a number of hot biotech stocks down with it. Subscribe to The Market Speculator by Email The fact that IBB pulled back hard is a concern for the market since it has been leading the market. However, the stock is sitting right at they key 50 day moving average level. This could lead to a small reflex bounce

One of my favorite trades is playing the post earnings breakout range that develops within stocks that have had a strong earnings catalyst the previous two weeks to 2 months. Subscribe to The Market Speculator by Email Ulta is a good example and has formed a $148 to $155 range. Buy the bottom, sell the top. It doesn't get much easier than that. I will look to enter on a pullback as close to $

Sometimes swing trading is easier than we make it. In the trading game it literally pays to keep it simple. Our stock of the day, EA is a great example of the KISS method. When do you buy EA? That's easy. When it pulls back to the 50 dma or when stochastics near oversold levels. It's a slam dunk trade that would have given us 7 profitable trades over the past year. Subscribe to The Market

Today's swing trade stock chart of the day is DIG.  Energy is showing positive money flow and the sector has broke out over the 50 day moving average. Here we can place a stop under the moving average with a target at the recent February pivot high at $57. Subscribe to The Market Speculator by Email I will wait for a slight pullback from this level to attempt to get better value, though this is

Today's swing trade stock chart of the day is HD (Home Depot). In the Trade Report we have been watching residential real estate stocks for a few weeks now and of course, building material and home improvement stocks move in line with real estate. Subscribe to The Market Speculator by Email Home Depot broke out on strong volume in mid February and has now pulled back to the 50 dma. An entry

MNST broke out on heavy volume a few weeks ago and has been forming a nice post breakout base ever since. This consolidation sets it up for a leg higher and a "trading the post breakout range" setup. Look to enter either 1) on pullback to bottom of the range or 2) breakout of the top of the range. If you would like to learn more about how I trade, receive my nightly focus list with market