Is A Stock Market Crash Possible Soon? There are significant signals in the current market that a crash or meltdown scenario could unfold sometime in the next 1-2 weeks. Crashes are rare events and nearly impossible to predict, but many elements that could combine to produce a financial market calamity appear to be present at [...]
(The following is an updated excerpt from the latest BullBear Market Report for BullBear Traders members): In the introduction to this report, I detailed many of the non-technical elements that should have happened and could have happened and almost happened–but that ultimately failed to happen–leading to a non-confirmation of an ongoing bull market. Let’s reiterate: I [...]
Quick update to the trade. The bulls are firmly in control of Exelixis (NASDAQ:EXEL) with a cup being formed on the intraday chart and a possible handle formation next. A handle would give the ability to add more to this position, but I don’t anticipate resistance should be that strong. Unless volume is very low, [...]
With the market in correction mode, not much to update. Bounce opportunities are available, but you must have zero loyalty/emotional attachment to be successful at these. A bounce indicates the stock was recently falling. That implies a bounce will fall right back down, if not lower, than where it bounced from. If you buy thinking [...]
Following up on the previous post from the forums, here is an updated chart. Exelixis (NASDAQ:EXEL) has been resting near support lines at the bottom of the trading range that was established in early March. If after hours action Monday night is any indicator of the pre-market action Tuesday, we can expect EXEL to open [...]
Today’s Company Invest pick is Broadcom (BRCM). Broadcom is a very high quality Nasdaq stock. This is an exciting pick. Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM PROFILE (BRCM) Broadcom Corporation designs, develops, and supplies semiconductors for wired and wireless communications. It [...]
Today’s Company Invest pick is Broadcom (BRCM). Broadcom is a very high quality Nasdaq stock. This is an exciting pick. Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM PROFILE (BRCM) Broadcom Corporation designs, develops, and supplies semiconductors for wired and wireless communications. It [...]
Recent updates to the following trades. Join the discussion on the forums. Gran Tierra (GTE) Long Trade Magellan Petro (MPET) Long Trade Star Scientific (CIGX) Long Trade Apple (AAPL) Options Earnings Trade BGC Partners (BGCP) Long Trade Exelixis (EXEL) Long Trade Cheniere Energy (LNG) Long Trade Kodiak Oil (KOG) Long Trade
INTRODUCTION In the last BullBear Market Report, I called for a bottom to the Middle East/Japan panic selloff while at the same time laying out the parameters for a bearish turn in the markets. The bearish conditions did not come to fruition and BullBear Traders were able to catch the exact bottom of the [...]
COMPANY INVEST STOCK PROFILE Today’s pick is a platinum miner in the metals and mining sector. The company is Platinum Group Metals, Ltd (PLG). Platinum Group Metals Ltd. explores and develops mineral properties in Canada and South Africa, primarily platinum. It holds interests in the Western Bushveld Joint Venture, War Springs, and Tweespalk properties in [...]