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The Markets finished in the red on Friday following a huge rally the prior day. As we are starting to see volatility ramp up, we are also starting to see market weakness. This could mean that a lot of risk off trading is taking place due to the recent market downturn. It has been quite some time to see collective days in the red for the major markets. However, buyers have tried to rally the markets back and we have seen sellers take them head on lately. With the aggressive nature of sellers entering the marketplace, this could mean more risk off trading in the days to come. I am not giving up on the buyers as of now, however I do caution being overly aggressive to the upside. It might be the time to hedge out positions or include short signals to your portfolio. If the markets are due to slide, it could be awhile before we rally back. After a huge rally like we’ve seen this year, taking profits was inevitable. Open Position: OSTK AMP RHT NKE SWKS FB RL AAPL Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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The markets came right back in yesterday’s trading session. The DJI, COMP and SPX rallied hard throughout the session. The sellers did try and swing the markets lower but the buyers were having none of that yesterday. With a huge recovery taking place, could we see the markets extend on that rally? I would say most likely yes. While we have seen the signs of weakness throughout the week, the markets clearly got back on track and then some yesterday. Will we have the Santa Claus rally? Why wouldn’t we have that rally! We’re in a bull markets and buyers have been really responsive to these dips as of late. I expect this trend to continue for quite sometime. Especially if tax reform gets passed through the Senate. Expect the markets to make another breakout run if that takes place. All hail the perma-BULL! Open Position: AMP RHT NKE SWKS FB RL SINA AAPL Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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The markets once again faced aggressive selling throughout the day. What’s a bit more glaring was how the trading action went. We saw the markets do the usual dance. Gap open low and sell a little bit before buyers come in and rally the markets. However, there was a late twist to it. Sellers actually came back in and sold the markets off back to the lows by the end of the day. That is not the per usual and it was quite shocking. It’s been awhile since sellers were brave enough to fade the rally.usually when the rally gets going, sellers close out and watch from the sidelines. This is just another sign that the markets are trying to prepare itself for a slight pullback. A correction of sorts if you like. Nothing catastrophic or substantial by any means, but a risk off slide has been long overdue. By months and months overdue. Risk on at all time highs is not normal. Weave been  breaking out and not look back. Maybe buyers are just exhausted or sellers are getting brave. Whatever the case maybe, it’s just another sign for you to be aware of. Open Position: AMP RHT NKE SWKS FB RL SINA TSLA Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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The markets continue to show weakness and yet we continue to rally back. Something has to give here and I suspect the corresponding move could be a big one. The major markets finished in the red but well off the lows of the session. This has been a common theme and sellers have been persistent. While buyers have come back into stocks once we bottom out, sellers continue to make their presence felt. If buyers start showing signs of exhaustion, that could be the weakness sellers will look to jump all over. However, is sellers start waning and buyers come back in per usual, then expect the run of new highs once again. It’s an interesting time and the tax reform is a major issue. That could be the reason we correct or we launch. Stay tuned! Things are starting to get very interesting… Open Position: AMP RHT NKE SWKS FB RL Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

0 90

Once again we saw early weakness in the markets and as sure as the sun rises everyday, we rallied back off the lows. While we did finish in positive territory across the board, we continue to face more and more weakness in the markets. That has been alarming and while it’s hard to fathom any significant drop based on recent trading history, we can’t just simply ignore what is happening. More risk off trading and aggressive short sellers could eventually win out. While it may or may not be temporary, it only adds to the fact that any buys in stocks trading at or near their all time levels is highly risky. It’s a formula for nasty losses and frankly can make a huge difference to your year end result. Approach buys cautiously and keep your eye out for the market behavior. Both buyers and sellers are looking for a reason to exit and enter. If anything comes up that could shake up the markets landscape… watch out below.  Open Position: AMP RHT NKE SWKS AAPL FB OSTK RL Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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We had a fairly flat trading session on Friday. The DJI and SPX finished down slightly while the COMP was barely up a fraction. It seemed traders took the day off for Veteran’s day as volume and volatility were very thin. I expect trading to pick up at the start of this week and I want to throw a bit of caution out there. Volatility has picked up. VIX and VXX activity has also woken up. When there is volatility in the markets, that usually is followed with risk off trading. It wouldn’t surprise me to see a touch of weakness this week. Lord knows we need a decent pullback in the markets. With very aggressive sell offs in the bigger stock names on the downswings we have seen marks them as higher risk opportunities at the moment. What I am suggesting now is to look over positions and consider risk off if the markets get weak in the near term. You could also take some hedging products like the VIX or look for short signals to jump on. Anything to deaden the blow your portfolio may take if the markets actually go south. While the bulls are incredibly strong and resilient, even the perma bull knows that the tax reform was a major reason for the recent rally. Considering the markets weren’t the happiest on the details, that could be enough reason for buyers to start cashing in. And if the big money is taking profits, then you should strongly consider doing the same. Just because Christmas is around the corner does not mean we will have a Santa Claus rally. That may have already come and gone ladies and gentlemen.   Open Position: AMP RHT NKE SWKS AAPL FB OSTK RL Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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The markets sold off aggressively on concerns over details of the tax reform. I had mentioned earlier this week about the possible reaction to the tax reform and clearly the streets were not happy about it. Yet, we managed to bounce off the lows and rally back. All three major markets finished down for the session but all three managed to shave off more than half of the losses on the bounce. It was a strong recovery off the lows and buyers are still piling on in the face of selling. So where does that leave us going forward? Simple answer is buyers remain in control. However, if the details of the tax reform still show a delay in corporate tax cuts, then expect the markets to soften. We could actually see risk off trading and have it sustain. The markets have priced in this cut and essentially overpriced themselves. If there is guidance to an earlier cut and the streets are happy, we will continue to rally strong and then some. I will be cautiously approaching buy entries at the moment. I will also be considering to short plays as possible hedges just in case things do unravel. The markets have needed a sign to take risk off and they may have finally got one.  Open Position: AMP RHT NKE SWKS AAPL FB Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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The markets made another move to record highs yesterday. While the markets struggled for gains early on in the session, that was not the case once we bottomed out. The markets continued to climb without much slowing it down. Stocks were responsive to the macro lift and we saw a lot of the big names stocks close near the highs of the day. It wasn’t a day without struggle for some major names. However, the broad markets continued their push for historical levels. AAPL is a name that has broken out at the all time high price.as with a lot of DJI names along with other tech names out there. All in all, records are made to be broken. Lately this has been a daily occurrence. I have seen some weakness in the markets as buyers have been taking risk off at these levels. That only means we’re due for a nice and extended down down. I welcome such a day as it would allow traders to buy the dip and race back to the highs. I highly doubt we will have any extended sell off unless the tax reform plan completely falls on its face. Even then we could only see a broad sell off for a few days before we rally back. When I say the perma-bull has total control, the bulls have total control. Just look at the markets over the last 3, 6, 9 and 12 month periods and that will tell the complete story. While patience maybe key in the near term, continue to buy with confidence. Open Position: AMP RHT MCD NKE SWKS AET MXIM AAPL FB Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

0 101

Yesterday could be a sign of things to come in the market place. We saw some aggressive selling coupled with risk off trading. While a decent amount of equity names did finish in positive territory, we also saw some stocks slide swiftly. The markets did bounce at the lows and the DJI made a late charge to finish in positive territory but the COMP and SPX fell short for the session. With concerns about the tax reform today, that led to the risk off trading. If there are changes or the GOP decided not to move forward with the tax reform, expect the markets to unravel. For months we have been pricing in this tax reform and then some. So to have it not go through or at the very least get delayed for a full year, that could be devastating for the markets. It’s something to keep a close eye on. We could see profits vanish quickly and stocks really succumb to heavy selling. Most notably the high flying momentum stocks that trade on heavy volume daily. However, if they decide to move forward with the tax reform into the end of the year or start of next year, we should be starting our Santa Claus rally early. Just be attentive to the news and act in accordance. Open Position: AMP RHT MCD NKE SWKS AET MXIM AAPL FB Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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The markets had another all time high hit and we finished the session slightly up for the day. What we are seeing is retraction at these levels. We have seen buyers piling on at the highs but lately we’ve seen risk off trading instead. This could be a sign of things to come. Buyers are getting more weary of buying at these levels and sellers are starting to sense their disinterest. While we don’t have any reason to sell off in the markets, we are due to see some year end profit taking. With earnings season wrapping up soon, this could lead to profit takers by the longer term holders. I am still a bull and won’t hesitate to jump into any short term signal, I am cautious of anything longer term. While I wouldn’t rule out any such opportunity, I am more likely to focus on short term signals. If the market rally continues onward, these signals will still benefit greatly. The risk is also generally smaller and I would rather not have larger risk exposure in some equity names. Continue to buy with confidence but be vigilant of profit takers. Open Position: AMP RHT MCD C AET MXIM AAPL FB Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

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