Morning Video 9-30-16 Posted at 8:17 EDT

by

Good morning everyone. It’s Friday!  Yesterday was one of those ugly whipsaw days starting out good and making us think we might actually get 3 days in a row in one direction but that dream was crushed as the market took back all of the last 2 days positive move.

Today we have a lot of potential market moving data so let’s all hope its positive enough to offset the bearishness created with the DB issues in Europe.

 Keep an eye out for possible trades today.  Have a great weekend.

Trade Wisely,

Doug

 

Click Here to Watch The Video

Public Swing Trade Ideas 9-30-16 Posted time: 8:05am EDT

by

 

Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
RICE short | Blue ice failure
Double click the trade plan to enlarge

rice-9-30-16Good Morning, Profit Traders,

T-Line™ below the 34-ema (SPY) —  The SPY closed down .90%, tagging the daily 50-sma, dropping back through the 34-ema. The bulls seem to be afraid of the $217.40 area and now they are back below the T-Line™. The SPY chart is not a picture a BULL would be proud of going back to early August.
We still like the $212.40ish area as a price destination and if price approves it a temporary area of support.

Learn more about the Candlesticks Evening Star Pattern – HERE

Trading education builds confidence – Together they build profits!

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

Member Swing Trade Ideas 9-30-16 Posted time: 8:am EDT

by

Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
RICE short | Blue ice failure
Double click the trade plan to enlarge

rice-9-30-16Good Morning, Profit Traders,

T-Line™ below the 34-ema (SPY) —  The SPY closed down .90%, tagging the daily 50-sma, dropping back through the 34-ema. The bulls seem to be afraid of the $217.40 area and now they are back below the T-Line™. The SPY chart is not a picture a BULL would be proud of going back to early August.
We still like the $212.40ish area as a price destination and if price approves it a temporary area of support.

Learn more about the Candlesticks Evening Star Pattern – HERE

Trading education builds confidence – Together they build profits!

Rick & Hit and Run Candlestick Team

Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
———–SHORT
RICE
TRMK
BSX
DXCM
ENV
IART
MEI
CTAS
DKS
PFPT
EXAS
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