Rick’s Featured Trade Ideas
HNT/Short (Health Care) HNT | BIF| Lower Lows | Failing Top | 30% opportunity
Hit & Run Members and Trading room:
TOO 26%
TGP 12%
SM 16%
The place serious traders hang out.
HNT| Plan your trade & trade your plan | March 17, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 15:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
7:00am: Based on yesterday afternoon’s bullish move, the market likes it when the FED says that global weakness will hurt the US, and they will go from four rate hikes to two rate hikes. Want to bet we go from two to zero this year meaning the global economy is not so good. Hell, Farmer John could have told them that. The SPY moved higher into more resistance and very overbought. Good consolidation around the 200- Continue Reading
Rick’s Featured Trade Ideas
DDD/Long (Computer Systems) DDD | T-Line™ Run| Doji Gap | 50% + opportunity
Hit & Run Members and Trading room:
SCX 154%
STRP 146%
TCK 141%
The place serious traders hang out.
DDD| Plan your trade & trade your plan | March 15, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $Members Only
Risk Reward 5:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
7:00am: Don’t know about you but it’s getting hard to stay long when price has been pushing higher, (now 19 days above the T-Line™) The SPY has been dancing in the devils den of resistance for a few days now closing yesterday at the 200-sma. The last half hour of yesterday the bulls seemed to have lost track of their job with the last 30-min forming an Evening Star candle signal which puts $199.60 in the cross hairs. A close Continue Reading
Rick’s Featured Trade Ideas
TCBI/Long (Regional Banks) TCBI | Trending PBO| Hammer Gap | RBB setting up | 20% opportunity
Hit & Run Members and Trading room:
CDE 101%
MEO 49%
PETX 39%
The place serious traders hang out.
TCBI| Plan your trade & trade your plan | March 14, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $Members Only
Risk Reward 4:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
7:00am: This is Fed week, and I suspect the bulls will likely slow down its run with consolidation between $204.40 and $199.80. Below $199.80 and $196.40 could be a resting spot. 19 days closing above the T-Line™. This past week formed a PBO then a J-Hook break out closing Continue Reading
