The Market Guys

HERO is one that we have traded in the past with great success. It’s cheap enough for anyone to trade and liquid enough for us to be able to manage the risk. From the chart you can see the support and resistance lines, which will help us establish the entry and exit points for the stock, along with […]

IAU is a cheaper way to play the gold market and it trades about 1/10th the value of GLD. You can see from the chart above that we are bouncing nicely off of a well-established role reversal support line. The video I’ve produced for you also looks at the daily chart and shows the gap that has been […]

Hotel rooms will be in demand with international travelers who are buying a weaker dollar this summer. This means that those traveling from Europe will have more buying power in their currency, resulting in cheaper vacations for those going on holiday. As you can see from the chart above, the stock is bouncing off of a well developed role […]

If you look at the price of CREE you will see that the stock has moved far away from the moving average. In addition to that you can see that we are at a role reversal support level with gaps above the market on lower volume, which is bullish. Watch this week’s video »

We’ve traded Boise (BZ) four other times in the past year and each time we traded it we made money. This week you can see that the stock has reached a role reversal support line and the candle is green. This is our time to get back in and take a little ride. Watch this week’s video »

Last week I put out an alert on HUN that was contingent upon the gap filling and a green candle forming after the gap fill. Yesterday the gap filled and today we are seeing a dragon fly doji candle that is bullish. We have pivoted up from the 20-day moving average and this gives us the go ahead […]

Contingent buy orders have worked very well for us in the past and there is no reason why we should veer away from this strategy, especially with a stock like Huntsman (HUN). Right now the stock is sandwiched between two gaps, so we want to wait until the lower gap fills before we even think about taking a […]

I’ve spoken many times about the “Rubber Band Effect” which is when a stock moves far above or below a major moving average leaving us in a position where the price is now drawn back to the average price or fair value. You can see how, in the past, the stock eventually gravitates back to the average but […]

Last week an alert went out to buy AT&T when it was trading a little lower than it is today. I had set a price target at the top of the resistance around 31.70 but the stock is showing signs that it doesn’t want to go there right now. In order to eliminate the risk, it’s time to […]

The contigent buy and sell orders have been working well under the current market conditions so I think we will stick with this strategy for a while. As you can see from the daily chart of AT&T (snapshot above), the stock is in a well-defined trading channel. Today the stock filled a small gap that was left on […]