 | Trades for Thought with Evan Lazarus 11/13/09 MS has turned down to begin forming a right shoulder of a head and shoulders pattern, and we will look for a break of that rising trendline ... MS has turned down to begin forming a right shoulder of a head and shoulders pattern, and we will look for a break of that rising trendline and possibly a retest to get short. Views: 83 |
 | Trades for Thought with Evan Lazarus 11/02/09 Today's "Trades for Thought setups are shorts in Morgan Stanley and AMZN. MS has built a head and shoulders topping pattern that has develop... Today's "Trades for Thought setups are shorts in Morgan Stanley and AMZN. MS has built a head and shoulders topping pattern that has developed on the 60min chart. Keep an eye on this stock and look to enter as close to the stop of $34. AMZN has run into longer term resistance on a weekly timeframe and has a decent base to be short against. Views: 00 |
 | Trades for Thought with Evan Lazarus 11/06/09 MS head and shoulders has yet to trigger and right now you can get great prices on the trade if you want to be aggressive on the trade. AMZN... MS head and shoulders has yet to trigger and right now you can get great prices on the trade if you want to be aggressive on the trade. AMZN has traded up into resistance, pay attention to how it behaves at this level and it could be a good short, but be cautious. AIG trade did not pan out as the market showed unexpected strength yesterday. FCX still looks good but hasn't done much. MA short was stopped out as the stock traded up through resistance, but we were out quickly as buying came ... Views: 75 |
 | Trades for Thought with Evan Lazarus 11/11/09 Each time the market has broken new highs, it hasn't necessarily been prudent to buy for a possible break out. The market has tended to brea... Each time the market has broken new highs, it hasn't necessarily been prudent to buy for a possible break out. The market has tended to break new highs, drift higher before pulling back in. The intraday trading has been diffitcult given the mixed signals in the market, so today there will be no Trade for Thought. Stay tuned to the radios for set-ups to develop intraday. Views: 06 |
 | Trades for Thought with Evan Lazarus 11/03/09 AIG, a hot stock this summer with its potent moves higher, looks like it is headed back down where it came from. Short on a break of the rec... AIG, a hot stock this summer with its potent moves higher, looks like it is headed back down where it came from. Short on a break of the recent consolidation on a 60-minute chart. The trade should take the stock back down into 26-27 dollar area. Put a stop just above the recent consolidation at the 35 area for a tight, clean risk parameter. Views: 12 |
 | Trades for Thought with Evan Lazarus 11/12/09 The market is back at previous highs, and it may be time for some lagging stocks to turn down as the market meets some resistance. MS is a s... The market is back at previous highs, and it may be time for some lagging stocks to turn down as the market meets some resistance. MS is a stock that looks like it may be forming a topping head and shoulders pattern. Look to get involved on a break of the rising neckline, and possibly a retest of that area. Thre is a shorter term head and shoulders pattern also that should allow you to measure some shorts. Views: 13 |
 | Trades for Thought with Evan Lazarus 11/23/09 AIG has been a volatile stock the last few months. The 20-period moving average has been a great indicator for the stock, once acting as sup... AIG has been a volatile stock the last few months. The 20-period moving average has been a great indicator for the stock, once acting as support but now acting as resistance. Look short AIG, use the high of 36.75 as a stop for an entry around 35.50. The first target is 33, and could see some follow through down into the 20s. Views: 10 |
 | Trades for Thought with Evan Lazarus 11/04/09 Coal stock FCX sold off hard in 2008, but has retraced much of that down move in 2009. The stock is nearing the 62% retracement level, where... Coal stock FCX sold off hard in 2008, but has retraced much of that down move in 2009. The stock is nearing the 62% retracement level, where it should meet some resistance. Look for a trade back down into the 65 area, with an ideal entry at around 78 with stops at 79.5. These levels provide a low risk swing trade that could net you significant profits. Views: 08 |
 | Trades for Thought with Evan Lazarus 11/09/09 Morgan Stanley (MS) is trending higher in what could be a forming head and shoulders pattern, and should provide a good low risk swing trade... Morgan Stanley (MS) is trending higher in what could be a forming head and shoulders pattern, and should provide a good low risk swing trade higher in the next few days before heading lower. The real meaty trade will be a short at the 35 area for a measured move below the ascending neckline. Views: 19 |
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