You’re My Boy Blue!

You’re My Boy Blue!

Bluebird Biotech has confirmed a breakout from its recent falling wedge pattern, and should provide for more opportunity to profit from the long side. Just for practice on how measured move analysis works, we can use $BLUE as an example:   It is safe to say now, that the stock has broken above its recent [...]
Calling In An Order For Boyd Gaming

Calling In An Order For Boyd Gaming

Actually "clicking" in an order because it's not 1988 anymore but that is neither here nor there. $BYD Consolidation after a move up. Price action leaving a lower shadow on the daily coinciding with both the lower bound of the triangle pattern as well as VPOC. Overall target from a measured move perspective would be [...]
US Stocks Service Weekly Letter – Volume 2

US Stocks Service Weekly Letter – Volume 2

XBD – NYSE ARCA Securities Broker – Dealer Index possibly nearing the end of a short-term correction phase Experienced market professionals, irrespective of their orientation (i.e. technical, fundamental, quantitative) will tell you that all forecasting methods have one thing in common: they’re not perfect and they do occasionally fail. Thus, any forward-looking implications must be [...]
If Only I Knew Then What I Know Now

If Only I Knew Then What I Know Now

Human beings love to reminisce. We enjoy day dreaming about "the good old days" and times of old when things seemed much simpler. While I prefer to spend the majority of my time living in the now, thinking back to my early days as a trader is an important practice from time to time. I [...]
King Cannabinoid

King Cannabinoid

On Friday of last week, I did a piece on the relative strength seen in the cannabis group as of late. I got a few questions about my personal favorite play right here and now so I thought I would elaborate a bit on that. My favorite "play" is actually a basket of plays; one [...]