Here are some trade setups for our Daily Trader portfolio for Friday September 12th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. GOGO Inc. (GOGO) Direction: Long Entry: 18.95 or ORB (Opening Range Bar – first 30-minute trading candle) break Stop: 18.35 Target:…

We will update some of our ongoing trades based upon the current market action. PCRX (short) – update the first target to 100.30. SOHU (short) – move stop to 55.43 QIHU (short) – adjust stop to 81.00 THRX (short) – update stop to 20.92

The early morning bias of the market is to the downside but it is somewhat orderly. Some of our trades ideas need to be adjusted based upon the first 30-minute trading. RVBD (long) – adjust entry to 19.50, stop to 19.25 and target to 19.83 TMST (long) – adjust entry to 50.93, stop to 49.43 and…

Here are some trade setups for our Daily Trader portfolio for Thursday September 11th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. VeriFone Systems Inc. (PAY) Direction: Long Entry: 37.65 Stop: 36.65 Target: 38.75 Pattern: Expansion Candle Pharmacyclics, Inc. (PCYC) Direction: Long…

After yesterday’s action today’s morning session seems to be dull. Some of our trade ideas triggered in the morning. Update ARRS (short) entry to 29.38 VNET (short) gapped up and we were stopped out for 13.3% gain on the third piece for a total gain of 12.1% for the trade APA (short) hit the T1…

Here are some trade setups for our Daily Trader portfolio for Wednesday September 10th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. AbbVie Inc. (ABBV) Direction: Long Entry: 57.28 Stop: 56.43 Target: 58.02 Pattern: Expansion Candle / Resistance Break Wellpoint Health Networks…

Many of our trading ideas from last night’s Daily Trader report gapped up. As is our policy,. we do not chase gaps if they are more than 1.00% away from previous close. Instead, we wait for the ORB (Opening Range Bar – first 30-minutes trading candle) to complete and the enter based upon its break…

Here are some trade setups for our Daily Trader portfolio for Tuesday September 9th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Rackspace Hosting Inc. (RAX) Direction: Long Entry: 39.91 Stop: 38.66 Target: 40.72 Pattern: Expansion Candle / Channel Break Out /…

Here are some trade setups for our Daily Trader portfolio for Monday September 8th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Comcast Corp. (CMCSA) Direction: Long Entry: 55.89 Stop: 54.68 Target: 56.45 Pattern: Expansion Candle / Resistance Break WisdomTree India Earnings Fund (EPI)…

Here are some trade setups for our Daily Trader portfolio for Non-Farm Pay-roll Friday September 5th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Costco Wholesale Corp. (COST) Direction: Long Entry: 125.27 Stop: 123.94 Target: 126.95 Pattern: Expansion Candle / Gap Up…