by Trent Smalley, CMT | Oct 26, 2017 | Uncategorized
Yes you read that right, you aren’t dreaming. Twitter beat 3rd quarter revenue and monthly users were reported to be up 4%. I am deep in some November 19 calls and am hopeful the stock will gap and go. Here is what I see: If we can chew through the overhead...
by Trent Smalley, CMT | Oct 24, 2017 | Uncategorized
If your portfolio needs a “Banana Boat and Coco Puff” I may have found just what the Doctor ordered… PharmaMallinckrodt ceutical Company, symbol $MNK. It’s been a tough few years for this stock, but we all get a little down sometimes, and...
by Trent Smalley, CMT | Oct 23, 2017 | Uncategorized
The XLE ETF has found balance at a long term volume point of control, and looks to be on track to become buyer controlled. We can see that the group broke back above its longer term downtrend line in mid September, and has been consolidating at POC for about the last...
by Trent Smalley, CMT | Oct 19, 2017 | Uncategorized
On this day 30 years ago, the stock market experienced one of the worst crashes in its existence. On “Black Monday” the market fell over 508 points on heavy volume. Being about 4 years old at that time, it wasn’t something I was studying yet, but...
by Trent Smalley, CMT | Oct 17, 2017 | Uncategorized
Overall market wise, there hasn’t been an awful lot to talk about. The environment continues to provide ample opportunity with respect to individual stock picking. Very little market volatility, speed, and low correlation among individual stocks with respect to...
