A New Member Of THE ART OF TRADING SERVICE Had This To Say

Stewie,

I am new to your service this week and I like what I see. Took the FCX, HL trades which I was obviously happy with. I realize that some trades will go bad but as long as we have stops in place we are protected. I was actually more impressed with your advice yesterday not to be aggressive going short. As the market rallied in the afternoon, this proved to be wise advice. As a relatively new trader, I am learning to overcome the urge to overtrade and your timely comments will help me to stop and carefully consider each move. In addition to saving me from losses, this will help me learn to be a better trader.

brian w.

This member started this week with me and is still on the 10 day free trial but this is the kind of feedback i have been hearing from many other members!

Join Us Now! What Are You Waiting For?!

START WITH THAT 10 DAY FREE TRIAL!!

Lounging Around With My Lady

chillin and being lazy.... :-)

If You Fail To Plan, Plan To Fail

READ THIS!

YOU BE THE JUDGE

Bold Prediction and Gut Feeling

I got a strong gut feeling we'll see a "crash" in the VIX come within the next 2 weeks. I can feel it coming. This is just a 'stupid prediction' just like many you see on the internet BUT my only advise is bears have your stops ready and bulls be ready for a monster short squeeze! When markets behave like this you can never be too ready and you need to always stay sharp and stay vigilant and know that ANYTHING IS POSSIBLE! ANYTHING IS POSSIBLE, remember those 3 simple words the minute the opening bell rings.

BIG move is coming and soon in my humblest of opinions.

Be smart.

Blessings to all!

The Art Of Trading Alerts Service Performance For The Week Of May 25th

This was probably the most stressfree week for me. Very little trading activity and most of the trades worked right away. We only had 9 trades: 7 winners and 2 losers.

More importantly then the actual trades, i have been getting a good number of really positive feedback from traders/members about their progress and i sense a feeling of optimism about their trading future. That to me is something i strive to improve day in and day out.

Starting Next Week, I will be adding a new dynamic to the service as a way to add more value and another powerful learning tool: VIDEOS.

I will be covering many various topics using these videos. i.e. scanning for new setups, stock/market analysis, real time stock/market analysis, using various indicators to help spot strength or reversals etc etc.

LONG/SHRT	Symbol	Entry Price	Exit Price	% Profit/Loss		Holding Period
long	TCK	14.36	14.48	0.84		swing trade
long	rvbd	19.66	19.9	1.22		swing trade
long	pal	2.36	2.44	3.39		swing trade
long	gmxr	16.16	16.9	4.58		swing trade
long	jrcc	22.78	22.02	-3.34		day trade
long	tza	25.88	25.9	0.08		swing trade
long	qid	35.76	35.64	-0.34		swing trade
long	hl	3.45	3.71	7.54		swing trade
long	fcx	51.38	52.18	1.56		day trade

Bullish Resilience

It seems like the bears really had something going with yesterday's selloff and this morning's quick selloff but once again these bulls have proved hard to beat. This type of action is just begging for higher prices. All charts still consolidating in bullish manner. Buying any weakness seems like the only thing that has been consistently working. The bulls are buying time, time the bears cannot afford to lose. The more attempts the bears try and knock this thing down and fail, the more likely we'll see breakouts! Clearly the most popular trade among the majority of traders right now is SHORT which makes me want to stay bullish and focus on buying dips on tests of support.

Check Out This AWESOME Email I Got From One Of My Trading Service Subscribers!!

hey stewie, signing up with you just truly marks a turning point in my trading. i've been nailing them like the guy in the matrix at the end of the movie. check the attached chart and see how i nailed tza today (i nail a trade like that almost every day right now, while keeping it to 0 to 2 trades a day). i take hardly any of your stock picks because i want to be at the point where i can trade consistently profitable on my own, but somehow seeing you trade, and your comments, thoughts and answers to questions just made it click.thanks a billion!

marco.

These are the kind of emails and testimonials that make running a trading service ALL WORTH IT!!

Join Us For That 10 Day Free Trial and Try It Out for YOURSELF!!

It Might Be The Best Move You Will Ever Make!

Keep Your Eye On This Chart

Got us long late week and got us short earlier today. Today's action is the first real threat to the bulls i have seen in weeks. Today's action reeks of severe distribution. The selling feels intense ala 2008 style.

XLF: Big Move Coming

Stocks To Watch

READ THIS ONCE, TWICE, THREE TIMES! SAVE IT AND READ IT AGAIN!!

READ THIS NOW!

The NEED To Stay Mentally Positive Is VITAL

A member who has been a part of my trading service for a couple of weeks now had this to say:

Just wanted to say thanks for the service you provide I'm really learning a lot. I have not made many trades thus far but analyzing the trades nightly and stock picks has proved very beneficial. One thing I've noticed is that on losing trades and even losing days you remain positive. I don't think this is the case with most people. So, how do stay positive and do you think this plays a significant role in trading? Have a good weekend.

Jeremy.


Here's my response to his vitally important question:


hi jeremy. i am actually surprised that you are the only one to ever bring up this very important point. I sincerely believe that having a positive attitude about losing (and winning) is a key part of trading survival. I used to beat myself up all the time for missed trades or crappy performance but i found out that this negative attitude in a game where you will be losing a lot is NOT the right way to go about it. Trading is a game of streaks. You will go thru winning steaks and losing streaks. It is VITAL to be able to quickly recognize when those tides are shifting. When you are winning, you "see the ball" well and can almost see moves happening 2-3 plays ahead and you will have '3D vision' of the markets and trader behavior all around you and you will move in and out of plays with extreme confidence and professionalism. You are feeling it and you want to trade and the market is vibing with you and everything seems to be moving together in harmony.
However, when you are in a 'shaky funk' you will be slow to react/transition, a little stubborn and ironically your ego will make you break many golden rules of trading.

YOU NEED TO BE CONSTANTLY WATCHING YOURSELF, your body language, your tone of voice, your attitude and you need to quickly adjust any behavior that's hurting you(over trading, anger, revenge trading, trading with huge size etc). You need to be your own therapist, mental coach and motivator. You need to be hungry to win everyday even if winning means not trading. You need to be ALWAYS seeking to improve yourself, learning, adjusting your attitude, minimizing your ego and maximizing your drive to be better than the day before. Don't worry about the money, when you are trading well the money will find you, trust me. Take most care of your account when you are losing because the winning trades are waiting just around the corner but they are waiting for you to adjust yourself first.

The Art Of Trading Alerts Service Performance For The Week Of May 18th

I was not happy with this week's performance. Started out very well and crapped out late wednesday and thursday. WHY? Simple ANSWER: Over trading and fighting the tape! Ironically: these are two things i RARELY ever do. Mistakes will happen(a lot!) in trading.

I know exactly what i did wrong and I will make the necessary tuning and adjustments to get back on track.

This is the 7th week i have been running this service and this is my 2nd down week. 5 up weeks but more importantly as long as i manage to take losses in a controlled and professional manner, i will always have many positives to take away from a bad week.


I will take my losses but remember that trading is a long journey which it's fruits are not enjoyed in one day's or one's week's results but over a period of many months.

LONG/SHRT	Symbol	Entry Price	Exit Price	% Profit/Loss		Holding Period
long	nfx	32.64	32.9	0.8		day trade
long	pcx	8.77	9	2.62		swing trade
long	slg	22.4	22.8	1.79		swing trade
long	zion	16.25	15.5	-4.62		day trade
long	cpx	6.8	7.21	6.03		swing trade
long	asia	19.7	20.12	2.13		day trade
long	pal	2.77	2.7	-2.53		day trade
long	thqi	6.09	6.21	1.97		day trade
long	sgy	7.83	7.7	-1.66		day trade
long	coin	1.57	1.53	-2.55		day trade
long	thqi	5.99	5.82	-2.84		swing trade
long	ico	3.18	2.9	-8.81		swing trade
long	TNA	24.75	24.07	-2.75		day trade
long	jrcc	21.05	20.63	-2		day trade
long	tza	29.56	28.74	-2.77		day trade

So on a $100,000 account and using $10,000 into each alert: This week saw a loss of $1300 which is a very acceptable draw down in my book but i am definitely not happy and know i can do much much better.

Next week, i will be going back to basics

Very Weak Bouce

WHR, GOOG and RIMM lower highs. SOX 60 minute Bear Flag

Bulls Hangin In There

Bulls hanging in there for now. But for the first time during this rally off the march lows, it feels like the bulls will be seriously tested this time. The pressure is on them to perform and show their strength. Today's action will tell us if we are still in "dip buying" mentality or if we are in "sell the rallies" mode. Short term at least.

good luck.

VIX Capitulation?

sure looks and feels like one today. Reversal on indexes thus far looks very weak which makes me think there's more bullish will power left.

Another Testimonial From The Art Of Trading Member!

It is these kinds of emails and feedback that drive me!!

Martin wrote to me in an email today:

"Thanks Stewie.

You got that right !!! Let`s keep on fighting the battles and land on the right side of the trades.

For the record – this subscription is my best investment so far !

Cheers mate.

Martin"

Everyone is WELCOME to join the membership! I have traders from ALL walks of life and from ALL corners of the globe! I got both new traders and full time traders who are finding value in what i am offering. I got members that span from hawaii, canada, peru, argentina, scotland, isreal, china and singapore and many more countries!! TRULY AMAZING and FASCINATING!!

You are more than welcome to join this rapidly growing club and check it out first hand.

Sign up for that 10 day free trial!

Could This Be True?

The charts keep morphing into more and more 'hard to believe' patterns. We now have to what appears to be bullish triangles that if true and play out then we should see bullish breakouts to new rally highs sooner rather than later.

Possible Scenrio

Today's rally played as i had hoped. The falling wedges pointed us in the right direction but now we have a new possible scenario at play. A potential of a lower high to form soon, a double top or a slight breach into new highs before we start a more protracted decline. I will be watching this chart very closely.

Setups To Watch

Very Awkward Looking Corrective Action

The pullback thus far on the indexes resembles a correction within the context of a bullish impulse move. I do not see any hardcore bearish action yet. It feels like many(me included) are expecting a big decline starting this week but i am just not so sure we are going to see it. I could be 100% wrong and in which case i'll make the necessary adjustments to my game plan. Maybe a small bounce might be in order. So we'll see how these patterns play out come monday or tuesday.

Art Of Trading Service Member Had This To Say:

Hi Stewie,

just thought you'd welcome some feedback on the alerts service,

I think you're doing a great job, it' can't be easy trading yourself and firing out the alerts and updates on a regular basis. So I just wanted to let you know that I think that all of your observations and commentaries in addition to the actual stock recommendations, I think you're providing an excellent insight into the mind of a professional trader as well as providing good trading opportunities.

The single biggest thing I've picked up so far, is how nimble you have to be in cutting losses if a trade isn't going your way or if you arent "feeling" the trade.

So I just wanted to say thanks for the great service, looking forward to much more.

keep up the good work
Mark

Stewie's House Of Steaks

It's a beautiful 80 degree sunny day in portland oregon. A rarity here! Got inspired to fire up a steak 'indoor' this afternoon. Got me a 1 lb aged perfectly marbled New York cut steak of beef, a bottle of red zinfandel and a serious appetite!

Ingredients:

1lb new york cut beef
1lb asparagus tips
Some new red potatoes
Garlic cloves
Red chili pepper
Extra virgin olive oil
Sea salt & fresh cracked black peppercorns
Garlic powder
2 Cast Iron Pans (A MUST for cooking steaks!!)
Maggi chicken bouillons(the most under rated ingredient ever!!)
1-2 bottles of red wine(i used Dancing Bull zinfandel out of Cali: disclaimer: my choice of wine today does not necessarily reflect my views on the market but it could be a hint :-))

And a serious appetite for some A DAMN DELICIOUS MEAL!!!! Invite the ladies cause THEY WILL BE IMPRESSED!!! Trust me!

Let the steak come to room temp. Rub it with sea salt, pepper and a small touch of garlic powder, let it soak in that flavor for 30 minutes.
Marinate potatoes and aspargus in olive oil, garlic powder, diced red chili pepper, pepper, sea salt, and maggi chicken bouillon.

preheat oven to 425 degrees.
- throw potatoes in one of the cast iron pans and let them oven roast for 30 minutes.

Preheat other cast iron pan on medium high heat on the stove top.
-Throw the steak on there and let her rip. Do not touch it for 3 min. Let it create that dark brown crunchy crust.
-flip it over and do the same on the other side. let her rip. Do not touch it for 3 min. It's gonna get smoky and it's gonna look dangerous but that's GOOD!
-Then throw the steak with the piping hot cast iron pan in the 425 degree oven and let that sucker roast!! This will add a dimension to the steak that will create a STEAK HOUSE LIKE look and taste to your steak! You don't believe me? Look at the pics!
Watch your fire alarm cause it WILL go off on you!
Let the steak roast in the same oven as the potatoes....then throw the asparagus on top of the potatoes(add the garlic cloves at this point) and them roast in that 425 degree oven. At this point all 3(steak, potatoes, and asparagus) are joining the party in the oven.

Let eveyone roast for 8-10 minutes. Potatoes should be fork tender and asparagus should be al dente at this point and steak should be about medium rare at this point. Kill the heat and remove everything out of the oven. Let the steak rest for 3-5 minutes!

Plate everything in an elegant manner, make sure the ladies get served first, pour more red wine into the glasses and E.N.J.O.Y!!!!!!

Thank me later! ;-)

p.s. This post is dedicated to the ragin cagin!

The Art Of Trading Alerts Service Performance For The Week Of May 11th

This week's lesson is something i have known for a while now: I am just hoping that you guys see the lesson learned this week: Keep your losses very small and eventually the winners will come and they will get you in the green. Never be stubborn about taking a small loss. How many times did you think about taking a small loss on a bad trade but instead decided to "ride it out" only to come back a few hours/days later and say "fuck! i wish i took that small loss!!"
I think about that on every single trade and know fully well that what ever trade i am in could be "THE UGLY ONE."

This week we took 15 trades: 8 losers and 7 winners. We ONLY had 2 big winners on monday and these two winners have put this week's performance in the POSITIVE! Had you invested $10,000 into each trade, even in a below average week like this week, you'd still be up over $1800. All it took was two winners to get the job done but for that to happen you would have needed to do the hard thing and sell the trades that were not working WHILE THEY WERE SMALL.

LONG/SHRT	Symbol	Entry Price	Exit Price	% Profit/Loss		Holding Period
long	pnx	2.36	2.7	14.41		day trade
long	jrcc	20.43	22.4	9.64		swing trade
long	xtxi	4.36	4.39	0.69		day trade
long	faz	5.15	5.33	3.5		swing trade
long	caty	13.71	13.57	-1.02		swing trade
long	egle	6.84	6.6	-3.51		swing trade
long	hw	4.11	4.15	0.97		swing trade
long	gmxr	14.33	13.85	-3.35		day trade
long	faz	6.02	6.15	2.16		day trade
short	sti	15.2	14.95	-1.64		day trade
long	sti	15.05	15.01	-0.27		day trade
long	erx	30.84	30.1	-2.4		day trade
long	agu	49.02	48.5	-1.06		day trade
long	tza	29.95	30.12	0.57		day trade
long	faz	5.87	5.85	-0.34		day trade

Today's Bounce

Resembled more a bearish pattern than the resumption of the bull. Expecting further deterioration.

SWING TRADERS: New Feature Added To The Art Of Trading Email Service!!

For those that wish to swing trade because they are too busy to day trade or have day trade limitations(account size less than $25,000) and wish to lengthen their holding period a little longer.

Here's A New Feature I Am Adding To My Trading Service:

Every day i will provide you with a list potential good swing trading candidates: 2-5 stocks.

I will provide you with a:

BUY/SHORT TRIGGER price.

A STOP LOSS price.

And a Possible Target Price.

The trigger will get you into the trade thru a BUY STOP order which you will place ahead of time since you will know the entry and exit criteria ahead of time.

If This Sounds Like Something You Are Looking For Then Go Ahead and Sign Up For a 10 Free Trial!

3 Stocks That Look Ready To Breakdown

Could This Be A Trend Change

we will find out shortly...

Is Buy And Hold Dead?

Dougie Kass weighs on this important subject this morning on CNBC.

Watch This Video.

The Beautiful Game

Soccer is my passion and it's known as the beautiful game by those who know. However, tonight there was nothing beautiful about it. I probably played in one of the dirtiest and most dangerous indoor games in my life. Dangerous slide tackles, elbows flying, head butts, 4 red cards, shit talking all game and the game ended when one of the players on the other team rear naked choked one on my team mates then all hell broke loose. NO JOKE!! Resembled more a UFC Octagon Fight than an indoor soccer game. The referee had to stop the game after the rear naked choke incident and sent everyone home. The best call he made all night.

Note to self: NEVER play against rowdy high school varsity boys!

Stock PIcks Update

Gave these to you over the weekend. Turning in an outstanding performance in a down market.

Burgers Anyone!!!

A beautiful sunny afternoon in portland oregon!! I had no choice but to fire off some good ol BBQ and drink some beers! For those who don't know I LOVE COOKING! It's my passion after soccer and trading. Took a picture of my famous SPICY HOT SAUCE BURGER! Wish you were here!

Ingredients:

20% ground chuck beef
a kasier roll
gruyere cheese
Louisana hot sauce
Fresh jalapeanos
Extra virgin olive oil
dried garlic flakes
Ancho chilli powder
sea salt
pepper

beer...lots of beer. YES! you need beer because this burger is soooo spicy that you need some kind of cold liquid to cool off your mouth!!! hahahaha!

A hot bbq gill and a beautiful warm sunny day(optional).


Cheers and bon appetite!

Two Solid Setups To Watch If The Bulls Keep Charging

Over Traders Anonymous: Here's A Great Tip

Over trading is the single most damaging thing to an account. the commissions alone will eventually slowly eat away at capital and that's not even taking into consideration the mental and emotional drain you will go thru. Your soul goes into a dark place when you over trade and get poor results. Sometimes it made me even angry and i used to lash out at others.

It took me years to figure out that trading more ironically meant more losses, NOT more profits. The less you do, the better. I average about 2-3 trades per day normally. Any more than that and you are opening up the potential to getting emotional. It's a fact, the more you trade, the more emotional you will be get and the less rational you will be get. You will to likely scalp too much and you end up going short and long and short and long. Your head will be all over the place. Like a vegas gambler looking for one more fix.


here's an awesome tip to avoid emotional trading or over trading: Make sure every trade have a story behind it. Give each trade a personality and a reason why you are in it. Write down in a quick email to yourself on why you like this trade. By the time you are done writing the email to yourself and you are getting ready to send it out, you have might already realized that this trade was an emotional reaction and there was nothing there to begin with. So before each trade, write an a email to yourself describing what you like about this trade and i guarantee you will realize that many of your trades are just emotionally driven visuals. At the end of the day, you can look back at those emails and see what you were thinking and what you were doing right or wrong.

Think Like A Market Maker

Hi guys,

Many of you who know my style of trading for a while know that sometimes i like to use "Think Outside The Box" trading strategies or techniques. So here's one more to put into your arsenal. A lot times, i like to spot stocks that are in strong intra day uptrends(and this works for any timeframe by the way). As many of you know that market makers are notorious for taking out stops. How many times have you/we been in a stock, set the stop too tight, we get taken out only to see the stock reverse later and tack on more gains without you?? hahaha! happens all the DAMN TIME. Well, here'a good little techinque to take advatage of this kind event.

You spot the a strong intra day uptrend and you just wait..wait.. and wait. Until, BAM! there goes the stop loss gunning excersise(usually lasts several minutes) the market makers taking out some other traders' stops and it appears as if the pattern/uptrend has been destroyed. NOT SO FAST. If volume is very low as the stock "breaks down" intra day then it might be time to Think Like Market Maker and look to go long!
Check out the attached chart as a perfect example> i was gonna shoot out an alert on friday but we already had 3 longs at that time and thought it was enough otherwise i would have definitely taken the trade.

happy trading!

The Art Of Trading Alerts Service Performance For The Week Of May 4th

Ok guys,

It was a crazy week to say the least. Way too much trading for my style of trading. Mostly because the market faked us out a couple of time near highs. But we need to make the necessary changes in order to not be fighting the market. That's what happened this morning, after 3 failed attempts to short, we changed and went long and as you can tell the winners have been very generous. also, unlike my style, too much trading activity in lower priced stocks but that's where the action is at right now. That will change eventually.

We had 30 trades(too much i think). We averaged 6 a day.

Out of 30 trades, we had 7 losers, 3 flat, 20 winners.

Interestingly, we had 14 winners in a row. (my personal record was in early 2008 where i had 44 winning trades in a row). Hopefully we see more winnings streaks like that soon for your guys' sake.

I will put these figures in EXCEL (sooner or later i promise) as soon as i install the program. I bought a new computer and do not have microsoft office disk. I have just been too distracted with other stuff to care to much to be honest.


LONG CDNS at 5.6 Sold CDNS at 5.45 = -2.6% Swing trade from friday

LONG HTE at 5.28 Sold at 5.49 = +4% Day Trade

LONG ZEUS at 22.3 Stopped out at 21 = - 5.8% Day trade

LONG HERO at 3.77 Sold at 3.78 = flat Day Trade

LONG QID at 35.92 Sold at 35.7 = -0.6% Day Trade

LONG TZA at 27.8 Sold at 27 = -2.8% Swing Trade

LONG HTE at 5.28 Sold at 5.92 = +12% Swing Trade

LONG WRES at 2.35 Sold at = 2.6 = +10% Swing Trade

LONG FEED at 4.1 Sold at 4.3 = +4.8% Swing trade

LONG STP at 16.5 Sold at 16.83 = +2% Swing Trade

LONG FTK at 3.08 Sold at 3.23 = +4.8% Swing Trade

LONG MMR at 7.08 Sold at 7.25 = +2.4% Swing Trade

LONG CPE at 2.16 Sold at 2.24 = +3.7% Swing Trade

LONG PRGN at 4.69 Sold at 4.7 = flat day Trade

LONG AXL at 1.52 Sold at 1.65 = +8.5% Day Trade

LONG HW at 4.03 Sold at 4.3 = +6.6% Swing trade

LONG FTK at 2.6 Sold at 2.62 = flat Day Trade

LONG TZA at 25.85 Sold at 26.6 = +2.9% Day Trade

LONG FAZ at 5.07 Sold at 5.3 = +4.5% Day Trade

SHORT FRO at 23.66 Cover 23.62 = flat Day Trade

SHORT CLF at 29.75 Cover 29.4 = +1.1% Day Trade

LONG HW at 4.25 Sold at 4.39 = +3.29% ONH

LONG STP at 16.75 Sold at 17.35 = +5.5% ONH

LONG TZA at 26.5 Stopped out at 26 = -1.8% Day trade

LONG TZA at 27.1 Sold at 26.9 = -0.7% Day trade

LONG SRS at 22.96 Sold at 21.6 = -5.5% Day trade

LONG STI at 19.63 Sold at 20.15 = +2.6% day trade

LONG XTXI at 3.82 Sold at 3.98 = +4% Day Trade

LONG PQ at 4.22 Swing Trade Still Open

LONG SGY at 7.22 Swing Trade Still Open


I hope you all had a good week.

See you next week.

Short On This Strength

Buy On This Dip

Please Note: BUY on the dip but if shoot up to tomorrow or monday, I'll be looking to short on any retest of the TODAY's highs whether we hit a double top or create a lower high with very bullish sentiment, that'll be a good risk/reward position to enter new shorts.

Another Great Success Story From A Member OF The Art Of Trading Service!!

John is a passionate relatively newer trader is a fellow member of my trading service. He emails me everyday wanting to learn and grow. I am always glad to help and here's what he writes to me today:

I'm happy to report that thanks in great part to following your calls and general advice I'm now way in the black. Remember that I told you I was about $5k down on a $10k account? I'm now up to near $12k. Since my low of 5k on April 20, my account has grown by over 130%.

John.


This Is What Drives Me! These kind of Success Stories!

If this inspires you, then what are you waiting for? Come on and join us!

Start With A 10 Day FREE Trial!

VIX: Do Or Die Time

If we see pattern failure on this giant wedge then rally still on. If we reverse higher from here on VIX, then rally to stall here.

Stocks To Watch

VIX Breaks Support

The Ultimate Bear Market Hurdle For the Bulls: The 200 Day Moving Average

If you believe that we are still in a bear makret and not think all will be rosey and we will have a fairy tale ending to this crisis then you have to think that the 200 day moving would be a giant hurdle to overcome for the bulls. Lots of bears waiting to short there and bulls looking to take profits around this 200 day moving average. Last night while sleeping i had a dream/nightmare about stocks. No joke, this usually happens after i experience or see a high level of emotional drama around me. I think it's safe to say that yesterday i saw it. Based on emails i was getting and visiting around many blogs. I have to say that in hindsight i saw lots of bears capitulate yesterday and mostly a lot of greedy bull behavior wishing for more gains! Now, this doesn't mean that we cannot rally anymore or pile on the shorts but for me at least, i will have to do the smart thing and trade very lightly until i either see a confirmation of what i just stated above or we pullback for a few days, wash out more longs and then start to rally again. Check out the attached charts and tell me if you wanna be long and strong right now????

I am advising all my subscribers against any new longs here. My two cents

Update Of Recent Stock Picks

Index Charts and Setups

VIX- Coiling Around 35

Bulls need to be very weary here. Seeing frothy panic aggressive short covering/buying all over the place. Penny stocks leading the pack, while i have been playing the smaller priced arena, i think we now look very vulnerable here. Time to trim, take profits, short with tight stops in my humble opinion. VIX continues to set up in this giant falling wedge. Not sure how valid this pattern is right now but seeing some early warnings signs of bullish complacency and it seems people forget how much stocks can hurt if you get too trusting of them. Today's close will be very important in my opinion. Please note: i could be dead wrong, in which case buy high and sell higher. hahaha!

All Looks Constructive For The Bulls

Playing it long till it stops working.

This Week's Trades April 27th-May 1st

The Art Of Trading Alerts Service Performance

LONG TZA at 31.3 SOLD at 33.7 = +7.6% ONH (Over Night Hold)

Long FAZ at 8.35 Sold at 8.91 = +6.7% ONH

GMXR at at 8.3 Sold at 8.8 = +6% Day Trade

GNK at 17.4 Sold at 17.8 = +2.3% Day Trade

BXP at 48 stopped out 47.5 = -1% Day Trade

LONG FAZ at 8.85 Sold at 9.5 = +7.3% (ONH)

LONG TZA at 33.63 Sold at 34.2 = +1.7% ONH

LONG GMXR at 9.55 Sold at 10.65 = +11% ONH

LONG SDS at 62.35 sold 62.68 = +0.5% Day Trade

LONG WRI at 16.24 SOLD at 15.7 = -3.3% Day Trade

LONG TZA at 28.25 Sold at 28.5 = +0.8% Day Trade

LONG CDNS at 5.61 Still Open Swing Trade

LONG CLF at 23.2 Sold at 24.4 = +5.1% ONH

LONG HERO at 3.4 Sold at 3.62 = +6% Day Trade

LONG WRES at 1.8 Sold at 1.93 = +7% Day trade


Alright guys, here's what this week's trade performance looked like. It was a very good week. We did 15 trades. 13 winners and 2 losers. More importantly, we traded well and didn't do dumb mistakes like letting a winner turn into loser, removing stops or over trading. Simple trading in the sectors that were working. I hope you all had a good week.

Remember guys, this is not just an alerts service(i hate calling it that), i wanna offer much more than that. I wanna be a mentor and coach if you need one. Feel free to email me any time about questions, issues, obstacles, successes, setups etc etc.