Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
PSG | Morning Star | Doji Continuation setup
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
CZZ Long, a classic J-Hook Breakout up 15.48% for our subscribers with a 2.73% move yesterday.
WAC Long, RBB pattern up 2.17% yesterday a total of 24.34% for HRC subscribers
NEM Short, 12.82% total for HRC subscribers
T-Line™ below the 34-ema (SPY) — The SPY found a little support .61 cents from one our deuce lines and closed above $212.39 (Septembers low). Until a close and support is established above $214.50, we will look at yesterday’s and today’s positive move as a relief rally. $215.50 is not a sign of total bullishness; it is merely the number that puts the SPY back in its sideways, go nowhere pattern.
Price and the T-Line™ are below the 34-ema, and the sellers have trend control. The weekly candlestick pattern in the SPY is still suggesting sellers have control and that $212.40 is very important.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
PSG | Morning Star | Doji Continuation setup
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
CZZ Long, a classic J-Hook Breakout up 15.48% for our subscribers with a 2.73% move yesterday.
WAC Long, RBB pattern up 2.17% yesterday a total of 24.34% for HRC subscribers
NEM Short, 12.82% total for HRC subscribers
T-Line™ below the 34-ema (SPY) — The SPY found a little support .61 cents from one our deuce lines and closed above $212.39 (Septembers low). Until a close and support is established above $214.50, we will look at yesterday’s and today’s positive move as a relief rally. $215.50 is not a sign of total bullishness; it is merely the number that puts the SPY back in its sideways, go nowhere pattern.
Price and the T-Line™ are below the 34-ema, and the sellers have trend control. The weekly candlestick pattern in the SPY is still suggesting sellers have control and that $212.40 is very important.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
UNG
PDS
CZZ
CSIQ
WAC
SU
SKYW
OKS
ERF
PSG
LPG
OII
ESV
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
AMBA Short | Evening Star | (BIF) Blue Ice Failure | DT | Support Breakdown
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
If you attended our public e-Learning/Webinar Tuesday night (the 11th) we left you with a small list of stocks that we thought was worthy of a watch list.
Here are a few from the list and the profits so far, the swing is not over.
SUPN 6.35%
SPLK 3.77%
CSOD 2.84%
QGEN 2.27%
We will keep you posted, today is likely to increase profits.
T-Line™ below the 34-ema (SPY)— The SPY closed yesterday with a Doji at the bottom of the previous day’s bearish candle, this is a classic Doji continuation pattern. At the close yesterday, we spoke with members/subscribers and suggested that the sellers had control and a move below Septembers low was likely. Our next target below the September low is about $210.15
The Doji Continuation pattern is a classic High Probable pattern that we teach here at HRC.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
AMBA Short | Evening Star | (BIF) Blue Ice Failure | DT | Support Breakdown
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
If you attended our public e-Learning/Webinar Tuesday night (the 11th) we left you with a small list of stocks that we thought was worthy of a watch list.
Here are a few from the list and the profits so far, the swing is not over.
SUPN 6.35%
SPLK 3.77%
CSOD 2.84%
QGEN 2.27%
We will keep you posted, today is likely to increase profits.
T-Line™ below the 34-ema (SPY)— The SPY closed yesterday with a Doji at the bottom of the previous day’s bearish candle, this is a classic Doji continuation pattern. At the close yesterday, we spoke with members/subscribers and suggested that the sellers had control and a move below Septembers low was likely. Our next target below the September low is about $210.15
The Doji Continuation pattern is a classic High Probable pattern that we teach here at HRC.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
BCEI
NIHD
SFM
CSIQ
——–Short
PODD
AMAT
NXTM
TRN
AMBA
ZEN
IPHI
QGEN
WRK
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Good morning everyone
The good news is we no longer have to worry whether or not the support will be tested. That has clearly been answered and we have to move on the next question. Will support hold? I suspect with some of the big banks reporting on Friday and early next week that hope of positive numbers will prevent the big guys from getting full-on bearish just yet. That, however, doesn’t mean that we could see a quick move below support simply to sweep out stops so don’t rush in if we see a little bullish push right at the open.
If you are a long-only trader let me suggest taking the rest of the week off. Wait to see if earnings can, in fact, break the downtrend. Until that occurs the bears are in control and they love to steal the lunch money of traders high on hopium predicting a bottom has been made. You risk almost nothing by waiting for proof except maybe bragging rights if you do happen to get lucky and pick the bottom. If you are that kind of trader it’s better to go to Vegas because there will at least bring you free drinks to dull the pain of watching your money disappear. That may sound a bit harsh but it’s the truth. You can thank me later.
Trade Wisely,
Doug
Click Here to Watch the Morning VideoP
A look at a few short trades because of the markets weak condition with the SPY testing the September low. If you were present at webinar you also received a good swing trade list of short and a few long ideas.
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
Z Short | (BIF) Blue Ice Failure
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
JDST, a classic (RBB) Rounded Bottom Breakout, up 39.70% for our subscribers and popped 9.77% yesterday.
ALJ, up 23.74% for our subscribers and yesterday was a 3.78% day.
It’s earning time again. Check and double check. Do you want to own a stock that has earnings?
If you were at the public webinar last night, you received a special trade ideas list. Make a trading plan, follow your rules, take profits and use a stop. I’ll see you at the bank when we deposit our gains!
T-Line™ below the 34-ema (SPY) The market turned more ugly than it was the day before. The SPY lost 1.26% finding help at the September low. Unless the Fed helps this market today, I doubt the September low is going to help. $210.40 is looking like a stop over based on yesterday’s attitude.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
Z Short | (BIF) Blue Ice Failure
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
JDST, a classic (RBB) Rounded Bottom Breakout, up 39.70% for our subscribers and popped 9.77% yesterday.
ALJ, up 23.74% for our subscribers and yesterday was a 3.78% day.
It’s earning time again. Check and double check. Do you want to own a stock that has earnings?
If you were at the public webinar last night, you received a special trade ideas list. Make a trading plan, follow your rules, take profits and use a stop. I’ll see you at the bank when we deposit our gains!
T-Line™ below the 34-ema (SPY) The market turned more ugly than it was the day before. The SPY lost 1.26% finding help at the September low. Unless the Fed helps this market today, I doubt the September low is going to help. $210.40 is looking like a stop over based on yesterday’s attitude.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
SEAS
——–Short
UNH
AMAT
BSX
Z
TRN
PFPT
JEC
CSOD
TSE
ZEN
IPHI
AMBA
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Good morning everyone
First I would like to say thank you to everyone for all the kind words, prayers and well wishes that I have received on the passing of my father-in-law. The members of this room are the best and over and over proves itself as more than a trading room but an extending family. My wife Connie and I are very thankful to be a part.
Today we had a couple fed members speaking and at 2 PM eastern we will get the minutes of their last meeting. It’s possible we could see volumes diminish after the morning rush while we wait. Personally, I would be surprised if we find out anything we don’t already know but anything is possible.
Yesterday turned in a bearish evening star pattern right at the 50 SMA on both the DIA and the SPY. Lately, we have seen big moves down rejected by big reversals the following morning. Unfortunately, we are not seeing that this morning as the futures remains flat to slightly bearish. To me, this would suggest more downside moves are likely within the next couple days. The big question if that occurs will be if the price support is strong enough to hold. I think we will soon find out.
With several of the big banks reporting Friday morning, a reversal, if there is one, would logically come at that time. That being said, we also have to acknowledge that logic is not one of the markets strong points.
Trade Wisely,
Doug
Click Here to Watch the Morning Video
