Tag "trading ideas"

Lumentum Stock (LITE): Playing The Pullback With Options

Michael Lamothe from Chart Your Trade recently posted a chart that caught my eye. The stock is Lumentum Holdings (NASDAQ:LITE) and to be honest, I’ve never looked at it before. But the chart really grabbed my attention. I’ll preface this by saying that I haven’t followed the company, so I…

In The Crosshairs: 3 Stocks On Breakout Watch (HIG, LMT, and ABT)

I pay attention to specific, price defined levels of support (demand) and resistance (supply), looking for opportunities to trade around these levels based on a simple process for doing so. I use two charts, the DAILY and WEEKLY, the former I use for entry, the latter for direction. Let’s take…

Japanese Yen Looks Ready To Rally

Last June, we presented a chart here at See It Market showing the decline we anticipated in the Japanese Yen, by way of a related ETF (NYSEARCA:FXY). We were expecting the Yen (CURRENCY:JPY) to test near an area of prior support as the middle wave of a sideways/upward correction. Now there…

Trading Update: Market Insights & 6 Stocks I Own

As mentioned in my last two posts, I am long several stocks with 50% allocations for each as of today. Those stocks are Merck (NYSE:MRK), Halliburton (NYSE:HAL), 20+ Year Treasury Bond ETF (NASDAQ:TLT), Baxter International (NYSE:BAX), Abbott Labs (NYSE:ABT) and JetBlue Airways (NASDAQ:JBLU). On Jan 30th I had been long Freeport…

Stock Market Futures Weekly Outlook – February 20

THE BIG PICTURE  We’ve seen seven relentless trending weeks to the upside to start 2017.  And last week was par for the course – the S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) closed at new all-time highs. In all, it’s been 15 weeks of nothing but one direction in the major…

5 Stocks That Smart Funds Were Buying In Q4 (13F Filings)

The Q4 2016 13F filings have been released showing hedge fund positions. Using Whale Wisdom’s excellent suite of tools I am able to customize a list of my 50 favorite hedge funds and then look for common buy/sell activity throughout the quarter. These are funds with fairly high concentration, lower…

S&P 500 Futures Trading Outlook For February 15

S&P 500 Futures Trading Considerations For February 15, 2017 S&P 500 futures hit new highs overnight but have since pulled back into support near 2334. The S&P 500 (INDEXSP:.INX) is at a key level of resistance but bullish formations tell us that fades of price into support will be bought in the near-term….