BullBear Trading: Stock and Financial Market Technical Analysis

September 2016 Blog Posts (48)

Follow These 3 Simple Steps To Profit 25% On Biotech Collapses, Like I Did Today On $NVAX

Novavax, Inc. (NASDAQ:NVAX) collapsed over 85% today on the back of a failed drug trial. While investors who were long got smoked, I made 25% by buying the stock. I bought at the open and sold soon after. Below I reveal the 3 factors I look for on every biotechnology collapse.

 

This is a Verified trade you can clearly see on my Verified Investing track record. Get my next live trade by signing up to Verified…

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Added by Verified Investing on September 17, 2016 at 8:26am — No Comments

Don't Be An Investor Long Chevron When This Happens $CVX

If you are an investor who is long Chevron Corporation (NYSE:CVX), you better pay close attention. If you are an investor looking to short Chevron, pay close attention as well. There is a head and shoulder technical chart pattern that has fully formed on the stock chart. When price breaks the neck line to the downside, the stock will drop to $89.50. This is over a 10% fall on the stock and could happen within weeks. Head and shoulder patterns are great setups if you spot them early and…

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Added by Verified Investing on September 16, 2016 at 8:22am — No Comments

Buy Triggered: Freeport-McMoRan Tags Dual Master Level For Investors

Freeport-McMoRan Inc (NYSE:FCX) has two major signals telling investors a bounce is coming. As a smart investor, you always want at least two reasons why you are buying a stock. Basically, the first is great but the second reinforces it. The first triggered when Freeport-McMoRan hit the daily 200 moving average on the stock chart. The second triggered with the reversal off of it, putting in a bottoming tail. Bottoming tails are strong technical reversal signals. The combination of…

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Added by Verified Investing on September 16, 2016 at 8:05am — No Comments

2 Reasons Why This Choppy Stock Market Means Nothing To Smart Investors

The stock market has seen a return of volatility in September. Investors are scambling to figure out if the markets are going back to their all-time highs or collapsing lower. The simple answer? This is chop to take your hard earned money. It is mostly games by the institutions, being headed by top hedge fund managers that want to make money after coming back to work from vacation over the summer and an end to the 3rd quarter.

 

1. It Is Options Expiration…

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Added by Verified Investing on September 16, 2016 at 7:42am — No Comments

Bull Flag Buy Signal: Whole Foods Market Setups Up For Pop Tomorrow

Whole Foods Market, Inc. (NASDAQ:WFM) has been a dog in the stock market for the last six months. Yet even in the massive stock market decline, it is showing signs of life. The life comes from a classic bull flag technical pattern on the intra-day chart. This likely signals upside for tomorrow as the bull flag plays out. Upside will take the stock within a day or two to a target of $29.25 then $30.60. Enjoy the ride of the bull flag technical analysis…

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Added by Verified Investing on September 14, 2016 at 8:41am — No Comments

S&P Hits Double Bottom, Algos Buy Hard As Do Smart Investors For A Quick Bounce

Market technicians say that 70% of the stock market volume is computer trading. We saw it in full effect today when the S&P 500 hit the double bottom lows from yesterday. This is a technical level and computer programs are set to buy hard. They sure did. The $SPY (tracking ETF for the S&P 500) jumped over a full Dollar (10 S&P points) when the double bottom was tagged. Knowing how to trade the charts is unbelievably important.

 

Just for future reference, the…

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Added by Verified Investing on September 14, 2016 at 8:23am — No Comments

How I Made 10K Today: The Killer Stock Market Fakeout I Spotted And Acted Upon

How I Made 10K Today: The Killer Stock Market Fakeout I Spotted And Acted Upon

The stock market collapsed again today, following Friday's sharp decline and the hard bounce yesterday. Average investors saw the bounce yesterday and assumed this was a repeat of past drops and pops. Meaning, in the past six months, every drop was met with a pop that took the market right back up to new all-time highs. Today's sharp decline was definitely a shock to most investors but not…

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Added by Verified Investing on September 14, 2016 at 8:06am — No Comments

NVIDIA Corporation Retrace Gives Investors Dream Short Opportunity $NVDA

NVIDIA Corporation (NASDAQ:NVDA) broke a major trend line last Friday when the stock market collapsed. While it is bouncing today, the damage has been done based on technical analysis chart reading. Any retrace back to that trend line is a shorting opportunity for smart investors. This stock confirmed the break down and has its sights set on an eventual decline to $50.00. Look for the bounce to take the stock back to $61.25, then short it hard.…

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Added by Verified Investing on September 13, 2016 at 8:54am — No Comments

Let Starbucks $SBUX Serve You Profits With That Latte

Let Starbucks $SBUX Serve You Profits With That Latte Looking at the weekly chart of Starbucks (NASDAQ: SBUX), a good buy level for a swing trade is coming up at roughly $50. There are at least FIVE factors aligning at this level increasing the odds of a bounce here. A couple to note are the 3rd hit of an up-sloping trend line and a 0.618 fib retrace. $SBUX action today is very weak. It can’t catch a bid with the markets up, so it may hit the $50 level sooner than later. Be ready!…

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Added by Verified Investing on September 13, 2016 at 8:24am — No Comments

See It, Trade It: Tesla Motors Strong Buy Level At Lower Triangle Support

Tesla Motors Inc (NASDAQ:TSLA) has had problems of late. Between auto pilot deaths, an attempted Solar City aquisition and Elon Musk's SpaceX explosion, the stock has been hammered. A drop in stock price yields opportunity. There is major support on the stock at $150.00 based on the trend line that forms the bottom of the triangle pattern. Look for this target to be hit in September, and be ready to buy.…

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Added by Verified Investing on September 13, 2016 at 8:00am — No Comments

Chart Trade Alert: Alibaba Group Holding Topping Tail Signals Fall To This Target

Alibaba Group Holding Ltd (NYSE:BABA) has a 52 week low of $57.20 and just last week made a 52 week high at $104.30. This is nearly a 100% move for the year. Sound fantastic right? Not so much when you see the weekly chart. Institutional investors and traders brought this to my attention when they noted the bearish mega signal, telling me $BABA is likely made its high for all of 2016. They are accumulating large short positions after today's bounce, looking for a price target of…

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Added by Verified Investing on September 13, 2016 at 7:32am — No Comments

$MU Retrace Into Mega Bearish Signal Gives No-Brainer Shorting Opportunity

Last week, Micron Technology (NASDAQ: MU) formed a strong bearish signal on the weekly chart called a topping tail. Today, price traded back up into the topping tail taking out nearly 50% of it. This makes for a real easy swing trading opportunity. A good entry price would be at today's close of $17.15 or a tad higher up to $17.40 where there is some substantial resistance on the hourly chart. Your stop would be any weekly close above the topping tail high of $17.86. Lastly, a good…

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Added by Verified Investing on September 13, 2016 at 7:07am — No Comments

These 3 Time Frames Confirm S&P 500 Buy Target For Massive Drop

Studying the charts after a massive stock market drop is always fun. It brings excitement but more importantly opportunity. I always look at the three biggest time frames when looking for a major top or bottom in a stock or a market. In this case I am focussing on the S&P 500. I analyzed the three main chart time frames, the daily, weekly and monthly. The next step is to find a level that is significant on all three time frames. In other words, a pivot, moving average, trend line..ect,…

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Added by Verified Investing on September 12, 2016 at 10:07am — No Comments

Home Depot Buy Level May Hit Tomorrow If Stock Market Flushes Again

Home Depot quickened its sell-off on Friday as the stock market tumbled. There is a major support level coming into view at $124.70. This level is a double bottom from June 2016 and should create a solid bounce in the stock. This is a swing trade which means you are not married to Home Depot, instead hold it for a few days to weeks looking for a bounce to approximately $130.00, then sell.…

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Added by Verified Investing on September 12, 2016 at 10:05am — No Comments

Simple Logic & Common Sense Tells Investors The Stock Market Is A Sham

A real stock market goes up and down based on real things. Like earnings, economic news and other normal factors. When a stock market can drop in one day on the whiff of an interest rate hike, erasing over 40 days of neutral to upside in a single thrust, you know something is definitely wrong. That is what happened this past Friday. The stock market has been in a 1.75% range for over 40 days, and one person simply suggests the Federal Reserve might raise interest rates and the whole world…

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Added by Verified Investing on September 12, 2016 at 9:04am — No Comments

Colgate-Palmolive $CL Major Support Is Near, Clean Up Some Profits!

It took just THREE days for 48 days of gains and sideways action to be wiped out for the Colgate-Palmolive Company (NYSE: CL). Most investors would stay clear of $CL after this big drop, but the smart investor is looking for major support to buy and profit from a short-term bounce. I have found that support on the $CL charts. It is at $70 which is very near Friday's close of $70.86. You can see on the daily chart, the 200 moving average is at $69.91. There is also a gap fill at $69.99…

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Added by Verified Investing on September 12, 2016 at 9:03am — No Comments

This Is The One Reason I Shorted Facebook Today $FB

acebook is a great company and makes billions-of-Dollars a year. The fact that I shorted it changes nothing in regards to its king status. As an investor, I simply look for near-term opportunities where a stock is going to drop or pop and swing trade accordingly. This is one of those situations on Facebook. I strictly focus on logic and stock charts so as not to let emotion get in the way. The Facebook chart hit a key trend line today that has a history. This history dicates that every time…

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Added by Verified Investing on September 7, 2016 at 2:32pm — No Comments

USD/JPY In Tight Triangle Pattern, These Are Break Out/Down Targets For Forex Traders

After studying the chart of the Dollar vs. Yen (USD//JPY), it becomes clear it is trading in a triangle pattern that is near breaking. The big question is, in which direction will it break? Considering the carry trade, a breakout or breakdown could have serious consequences for the stock market. If the USD/JPY breaks down, it will likely head to 94.75. If the USD/JPY breaks out, it will likely head to 107.15.…

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Added by Verified Investing on September 7, 2016 at 2:11pm — No Comments

History Repeats? Amazon Surge Tags Stock Level That Has Caused Pullback On 4 Past Hits

Amazon, Inc. (NASDAQ:AMZN) surged dramatically higher today as the risk on trade surfaced again. After the ISM Non-Manufacturing Index was the worst in six years, odds of a Federal Reserve interest rate hike fell sharply. The stock closed the day at $788.87, +16.43 (+2.13%). While investors wonder if a bullish breakout is in progress, pro investors are noting a key trend line that when hit, seems to cause a pull back in the stock every single time. This has happened four times in the past…

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Added by Verified Investing on September 7, 2016 at 1:51pm — No Comments

$BABA Hitting Major Resistance Plus Time Cycles Indicating Awesome Short Level

Alibaba Group (NYSE: BABA), the Amazon of China, kissed major resistance today. You can see price got sooooo close to the trend lines I've drawn in on the daily chart below (and there are more in this same area!). In addition, there's a 0.75 fib retrace at $104.30 adding to the resistance. Interesting enough, $104.30 was the high today. In the way of time cycles, today was the 49th trading day since the last major pivot low, and today was the 6th consecutive day of upwards movement. If today…

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Added by Verified Investing on September 7, 2016 at 9:34am — No Comments

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