By MonsterTrader on January 26, 2010
The market continues to be in correction mode. Therefore, we do have one short tonight. While there looks to be a few long ideas it simply isn’t a good idea to fight the trend. We are in a natural correction within a bull market and there will be a time and place to get long. [...]
Posted in Chartist Choice Daily
By MonsterTrader on January 25, 2010
While the market didn’t continue its losing ways during Monday’s session, it also didn’t exactly inspire confidence either. Compared to the empathic nature of the selling that we saw last week this low volume bounce must be viewed with not a little skepticism. The session’s low volume betrayed a lack of buying conviction on the [...]
Posted in Chartist Choice Daily
By MonsterTrader on January 20, 2010
What a wild day as the dollar index soars to its 200dma. Tonight, I have two long ideas.
Posted in Chartist Choice Daily | Tagged FFIV, ODSY
By MonsterTrader on January 14, 2010
Uptrend remains intact as we got plenty of intraday support. Two stocks we like: CML and LULU to build upon Wednesday’s gains.
Posted in Chartist Choice Daily
By MonsterTrader on January 7, 2010
We heard quite a bit of grumbling during Thursday’s session, which when you look at the charts of the indexes seems strange. There’s a bit of rotation going on right now, no doubt about it. We’ll be covering all of that in tonight’s Report.
In the meantime, a couple of stocks that have set up:
Posted in Chartist Choice Daily
By MonsterTrader on January 5, 2010
High volume support today keeps this uptrend intact and why we continue to find stocks to get long.
In last night’s “Chartist’s Choice” we recapped how we told our subscribers to handle both ARST and AAPL, tonight we want to show some charts with notes on how we suggested they handle CERN and F. The charts [...]
Posted in Chartist Choice Daily
By MonsterTrader on January 4, 2010
The market rebounded after stumbling last Thursday as our uptrend continues. Please check out our ARST and AAPL charts below, but first we have a couple of long ideas for tomorrow:
We’ve kept a keen eye on both ArcSight (ARST) and Apple (AAPL) as they’ve formed their most recent bases, and we have been looking for [...]
Posted in Chartist Choice Daily
By MonsterTrader on December 30, 2009
Heading into the last trading day of 2009 we have two new long ideas.
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Posted in Chartist Choice Daily
By MonsterTrader on December 28, 2009
A long idea for the 12/29 session:
An idea on the short side:
Posted in Chartist Choice Daily
By MonsterTrader on December 21, 2009
A few longs with the market looking healthy and the small caps closing near the highs!
Posted in Chartist Choice Daily
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