Rick’s Featured Trade Ideas

NFLX/Short (Pay TV)   For the past few weeks, we’ve seen a little consolidation.  The past four days and yesterday was a clear failure of the T-Line closing with a bearish engulf.  I would think shorting Netflix on a rally to the $97.00 or on weakness could prove profitable.
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NFLX/ Plan your trade & trade your plan  February 3, 2016
Possible entry plan idea:   Sell Box $Members Only
Possible stop plan idea:   Cover Above $Members Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  (Daily Bearish) (60-min Bearish below $190.50)
The dollar is up, the 20-year treasury bond (TLT) is up, oil (USO) continues to weaken. The bear has a very strong grip on this market right now.  The SPY started to bounce about

a week and a half ago and took us to $194.58.  Yesterday, the sellers stepped back in and dropped this below the T-Line™.  The sellers are going to try to put us back into a bearish fall while the buyers will try to create energy.  Anything below $195.00 and above $186.93 will be buyers and the sellers fighting for control.  Standing on the sidelines until a breakout or a breakdown of one of those numbers would be a financially healthy strategy.

IWM:  Seller control
SMH:  Seller control
IYT:  Seller control
S&P VIX Short-Term Futures VXX:  Bull control above 25.80
USO Unites States Oil Fund:  Seller control
This Week’s Economic Calendar—> Click Here

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
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Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

VXX S&P 500 VIX Short Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control.  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A close above the T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

SMH: A close above the  T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

IYT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.  Learn more about the T-Line – Click Here

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.