BullBear Trading: Stock and Financial Market Technical Analysis

Bryan Leighton
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Why I Bought 5,000 Shares Of Cara Therapeutics, Inc $CARA

Started Jul 10 0 Replies

I bought 5,000 shares of Cara Therapeutics, Inc. (NASDAQ:CARA) at $12.32 just minutes ago. The reasoning is mostly technical, as the stock chart is hitting major technical support and is extremely…Continue

Costco Plunges Lower, Know This Trade Level

Started Jun 19 0 Replies

Today, leading wholesale warehouse retailer Costco Wholesale Corp (NASDAQ:COST) is declining by $4.06 to $163.03 a share. The retail giant's stock price has been coming under pressure since early May…Continue

Tags: COST

Cheniere Energy, Inc. Gets Slammed

Started Jun 14 0 Replies

This morning, crude oil is declining lower by nearly 4.0 percent. This is causing most energy stocks to sell off. Even energy stocks that are focused on natural gas are coming under severe pressure.…Continue

Why This Market May Be Ready To Turn: Importance Of Major Even Numbers

Started Jun 5 0 Replies

The stock market has gone higher, consistently for years. Corrections have been non-existent, especially recently. Most investors think major even numbers have little to do with a top or a bottom on…Continue

 

Bryan Leighton's Page

Latest Activity

Bryan Leighton posted a blog post

$CSX Corp (CSX) Falls On Earnings, Here Is The Downside Target Price...

Shares of CSX Corporation (NASDAQ:CSX) fell after the transport stock reported earnings that beat Wall Street expectations. Does it sound weird, it is falling on an earnings beat? Upon a closer look, some accounting maneuvers allowed for that beat. If you back out those shady dealings, CSX Corporation actually missed earnings. This explains why it is falling. Being a technical chart trader, I have been bearish on CSX Corporation. I just cannot make sense of a railroad stock trading at a 30 P/E…See More
Wednesday
Bryan Leighton posted a blog post

Alert: Topping Tail Signals Max Move Complete On Boeing Co

Shares of Boeing Co (NYSE:BA) surged in early trading, hitting new all-time highs at $208.61. However, the rally faded as the day dragged on with the stock giving back all the gains and closing flat at $206.44. This reversal from all-time highs increases the odds exponentially that a top is in on the aerospace company. Boeing Co has an official topping tail in place and should now start selling lower. The next wave of selling will take the stock to the daily 50 moving average, which also…See More
Jul 13
Bryan Leighton posted a discussion

Why I Bought 5,000 Shares Of Cara Therapeutics, Inc $CARA

I bought 5,000 shares of Cara Therapeutics, Inc. (NASDAQ:CARA) at $12.32 just minutes ago. The reasoning is mostly technical, as the stock chart is hitting major technical support and is extremely oversold. In addition, at such levels and with promising drug candidates, it becomes a possible buyout target for a big player like Gildead Sciences (GILD) and others. In addition, the company is in the pain relief field. Any drug that is not an opioid can make a company extremely valuable considering…See More
Jul 10
Bryan Leighton posted a discussion

Costco Plunges Lower, Know This Trade Level

Today, leading wholesale warehouse retailer Costco Wholesale Corp (NASDAQ:COST) is declining by $4.06 to $163.03 a share. The retail giant's stock price has been coming under pressure since early May when the shares traded as high as $183.18. Currently, COST stock is sitting right on its 200-day moving average so there is some near term daily chart support.Unfortunately, the better and stronger institutional support level for COST stock price will be around the $157.00 area. This is a spot on…See More
Jun 19
Bryan Leighton posted a discussion

Cheniere Energy, Inc. Gets Slammed

This morning, crude oil is declining lower by nearly 4.0 percent. This is causing most energy stocks to sell off. Even energy stocks that are focused on natural gas are coming under severe pressure. Cheniere Energy, Inc.(NYSEMKT:LNG) is a company that is a leader in the liquified natural gas sector. This stock just made a recent high on the chart at $51.41 a share on May 25, 2017. Today, LNG stock is trading lower by $1.58 to $46.72 a share. Traders and investors should note that this stock…See More
Jun 14
Bryan Leighton posted a discussion

Why This Market May Be Ready To Turn: Importance Of Major Even Numbers

The stock market has gone higher, consistently for years. Corrections have been non-existent, especially recently. Most investors think major even numbers have little to do with a top or a bottom on a stock, but I believe differently. Investors must realize that the stock market goes up and down on emotion. Essentially, stocks trade based on human psychology. This is actually a very key component to why even numbers are so key in tops and bottoms. The human condition associates even numbers…See More
Jun 5
Bryan Leighton posted a discussion

Next Leg Lower On Chevron Corp $CVX About To Begin...

The stock chart of Chevron Corporation (NYSE:CVX) is about as bearish as any chart. With strong bearish consolidation, price hammering on support multiple times (weakening it) and the 20, 50 and 200 moving averages above current price, it all but promises a major drop in the coming days. Chevron Corporation is trading at $104.06 but will likely see a downside target of $97.50 within a month or so. This also insinuates that oil is set to fall further over the next month. Investors can be looking…See More
May 31
Bryan Leighton posted a discussion

This Has Me Interested In Shorting Alibaba $BABA

Shares of Alibaba Group Holding Ltd (NYSE:BABA) jumped higher this past Friday morning after reporting solid earnings Thursday after-the-close. However, the party was short lived. After an initial pop higher, the stock reversed off all-time highs, putting in what is known in the technical analysis world as a topping tail. Topping tails are VERY bearish signals of potential long-term tops.Today, the stock is doing exactly what pro investors would hope, it is bouncing higher, retracing the tail.…See More
May 22
Bryan Leighton posted a discussion

Why The Sharp Sell In J C Penney (JCP) May Have Nothing To Do With Earnings...

J C Penney Company Inc (NYSE:JCP) is flushing again today, following Friday's poor earnings report. The stock is down over 26% in the last week as all retailers are collapsing. Today, the stock hit a low of the day at $4.17 and I am here to say it may be a strong buy. In fact, I am here to say that it is possible that today's flush from $4.53 to $4.17 has nothing to do with poor earnings and is a result of certain funds not being able to hold stocks that are below $5.00.Please be aware, this is…See More
May 15
Bryan Leighton posted a discussion

Archer Daniels Midland Co (NYSE:ADM) Plunges After Earnings, Is There A Trade?

This morning, leading agriculture company Archer Daniels Midland Co (NYSE:ADM) is plunging lower after reporting earnings. Today, the stock is falling by over 3.50 percent after reporting a Q1 sales miss. The next major support level for ADM stock will be much lower. Traders and investor will have to look at the $36.00 area for solid institutional chart support. Please understand, this stock is already severely oversold after today's decline so there could be minor bounces in the near term due…See More
May 2
Bryan Leighton posted a discussion

How To Trade Yesterday's Home Depot (HD) Topping Tail

New all-time highs seem almost normal in this market. Countless stocks hit new-all time highs almost every day. This is exactly what has happened with Home Depot Inc (NYSE:HD). Yesterday, Home Depot surged to a all-time high of $154.65. The difference however, was that the stock reversed those gains and closed near the lows of the day. This formed a stock chart candle called a topping tail. topping tails that occur at 52 week or all-time highs are extremely bearish indicators. Technical…See More
Apr 26
Bryan Leighton posted a discussion

BUY ALERT: Major Support On Diana Shipping Inc. $DSX. We Bought Here...

I grabbed some Diana Shipping Inc. (NYSE:DSX) today. We accumulated shares at $4.25 for a swing trade bounce with a current target of $5.05. The reasoning for this buy is simple. The stock has fallen sharply from $6.20 down to $4.21. in the past week. At $4.25 it started hitting major support and the odds strongly favor a technical bounce back to the $5.05 level. See the stock chart below.Note, I have no idea if I will hold it until the $5.05 target. That is a perfect world scenario. However, I…See More
Apr 20
Bryan Leighton posted a discussion

Extreme Trade Alert: Home Depot $HD Poised To Move Here...

I am short Home Depot Inc (NYSE:HD) based on multiple indicators showing an extreme overbought condition. The fact that Home Depot Inc (NYSE:HD) has chopped sideways over the last few months, shows institutional selling as funds and small investors buy. This is a passing off of the hot potato before the fall.Ultimately, when the trend line below breaks (seen in the chart below), Home Depot $HD will collapse quickly. The downside target I have near-term is $135.00. In addition, investors should…See More
Apr 12
Bryan Leighton posted a discussion

Know The Buy Level For This Leading Auto Parts Maker

Tenneco Inc (NYSE:TEN) is a leading auto parts manufacturer that has been pulling back over the past couple of months. The stock price peaked out on February 7th at $70.96 a share. Currently, Tenneco Inc (NYSE:TEN) stock is trading around $58.68 a share.While many traders and investors will see this stock as a bargain the stock could still be susceptible to further downside in the near term. Traders should watch the $55.00 area as excellent chart support. This is where the 50-week moving…See More
Apr 10
Bryan Leighton posted a discussion

Boeing Co (BA): Next Leg Takes It Down To This Price, I Am Short

Shares of Boeing Co (NYSE:BA) have a fantastic bear flag on the daily chart. This alerts investors to massive distribution (institutional selling) into dumb funds/average investor buying. That is why the angle of the bounce over the last week is so flat. Essentially, all the buying is being met with smart, big money selling. Whatever explanation you wish, the point is Boeing Co is going lower and fast. While there will be some bounces along the way, the ultimate downside target is $160.00. This…See More
Apr 6
Bryan Leighton posted a discussion

Adding $TWLO To My Strong Buy Watch List. See Why Here...

I have traded Twilio Inc (NYSE:TWLO) a few times since it went public in mid 2016. Each time, taking some profits. As of today, I am adding it to my strong buy watch list. Please note, I have not bought Twilio Inc yet, but am starting to look for a perfect entry price, just before the stock pops big. Below are my factors.1. The stock has been selling off as the lockup expiration date looms. The date is December 20th, 2016. Investors are fearful that insiders will sell. Therefore, they have sold…See More
Dec 15, 2016

Profile Information

What's your current long term market stance?
Bearish
What's your current intermediate term market stance?
Bullish
What's your current short term market stance?
Bearish
What is your style of investing? (You can choose more than one.)
Day Trader, Swing Trader, Options Trader
In which markets do you trade or invest?
Stocks, Options, Bonds, Forex, Commodities
How long have you been trading or investing?
10-20 years
Describe your level of market experience.
Professional Investment/Trading Advisor/Analyst
Have you read "Reminiscences of a Stock Market Operator?"
Yes
How did you find TheBullBear.com?
Referred by member

Bryan Leighton's Blog

$CSX Corp (CSX) Falls On Earnings, Here Is The Downside Target Price...

Posted on July 19, 2017 at 3:21pm 0 Comments

Shares of CSX Corporation (NASDAQ:CSX) fell after the transport stock reported earnings that beat Wall Street expectations. Does it sound weird, it is falling on an earnings beat? Upon a closer look, some accounting maneuvers allowed for that beat. If you back out those shady dealings, CSX Corporation actually missed earnings. This explains why it is falling. Being a technical chart trader, I have been bearish on CSX Corporation. I just cannot make sense of a railroad stock trading at…

Continue

Alert: Topping Tail Signals Max Move Complete On Boeing Co

Posted on July 13, 2017 at 9:49am 0 Comments

Shares of Boeing Co (NYSE:BA) surged in early trading, hitting new all-time highs at $208.61. However, the rally faded as the day dragged on with the stock giving back all the gains and closing flat at $206.44. This reversal from all-time highs increases the odds exponentially that a top is in on the aerospace company. Boeing Co has an official topping tail in place and should now start selling lower. The next wave of selling will take the stock to the daily 50 moving average, which also…

Continue

Profit Analysis: This Is What Will Happen Next Week

Posted on November 11, 2012 at 11:40am 0 Comments

The markets took a wild ride last week. The S&P 500 surged early in the week on hopes of a business friendly, Romney victory only to get dashed when President Obama won his second term. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) lost $3.40 on the week to close at $138.16. The key this week is to realize it is options expiration. This is where institutions will push the market in the opposite direction from the crowds. After the drop last week, many more…

Continue

Chart Ahead Of Apple Inc. (AAPL) Earnings Looks Fishy. Did They Have A Blowout Quarter?

Posted on January 25, 2010 at 2:33pm 0 Comments

The volatility last week was wild with earnings that just did not cut it. However, the real shock came when President Obama, due to a republican win in MA and the super majority gone in the senate, was forced to talk of tightening the noose on bank and the future risk they wish to take. Considering these banks like Goldman Sachs Grp. (NYSE: GS) made half their revenue from trading, a high risk venture, this put a major scare in Wall Street. It also sets up a possible war between Wall Street and… Continue

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At 9:38am on June 6, 2016, elizabeth leveques said…

Good day,
How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very important to disclose to you, but I found it difficult to express myself here, since it's a public site. Could you please get back to me on my private email(elizabethleveques@mail.com) for the full details?
Have a nice day and God bless you,
elizabeth

At 8:26pm on March 13, 2014, Jacob Long said…

it has been a very wild ride. yet so many net flat days as well. interesting...

 
 
 

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