You're In! Welcome to the Simpler Family.
Check out our Blog for more FREE Trading Tips & Strategies.
Eyeing Another Short Squeeze
KMX reports before the open, but after hours I’m already seeing a breach of the previous high — which could equal a great day trade setup tomorrow, or a swing trade for next week. Here’s the setup and how I’m playing it.
S&P 500: New all-time highs; new warnings.
Last night we looked at the longer-term picture in the S&P 500 and why we wanted to wait for pullbacks. We can’t know when those pullbacks will come but tonight’s look at the short-term picture warns that it could be soon.
How many new all-time highs can we get this year?
In this video, we discuss my SPX 3200 price target as well as the price action of the market. We also look at what to expect as we go into the end of the year.
S&P 500 Still Has Gas in the Tank
The S&P 500 hit new all-time highs again today, and while Elliott wave patterns suggest that there is even more upside, my focus remains on waiting for pullbacks to buy.
Did FedEx Just Kill The Transports?
If FDX can’t find buyers tomorrow, here are downside targets in the trannies.
Pondering Downside in Crude.
The long-term patterns in crude oil continue to favor much lower prices. But it’s dangerous to jump on this idea without a short-term signal.
$TSLA to New Highs?
We’re just a couple dollars away from a massive TSLA short squeeze. Here is how we are trading it.
When is a setup not a setup?
In today’s video we’ll examine what on the surface looked like a setup that I would normally take when daytrading the morning. But in this case there were specific warnings and math that steered us away. Complicated? Not at all. You just have to know what you measure.
Buying Bargain Retail
The market is extended, with setups few and far between, but here are some of my favorites in retail. This strong economy means strong consumer spending, at retailers, and these are some of the best.
Two Crude Oil Buy Zone Strategies
Crude is a new uptrend and a buy, but the risk is still high when looking at the range from aggressive entries to the stop loss. So here’s how to manage that risk and still get a piece of crude.
