HCPG Blog

As far as trades go today $SPY offered two good entries.  Support at 115 and resistance short at the 50SMA.   Let's go through it wit...

It's going to take a few days but we should get some kind of set-ups soon as we base under the 50SMA on the SPY -- we'll either get ...

After yesterday's monster range traders like ourselves who key off daily charts will find it difficult to find new alerts.  We need to b...

Update:  we took it all off, and flat in all accounts.   Might regret it as our original plan was to swing but there's just too much new...

Update:  as we tweeted this morning "buying into massacre" we added CENX TCK FCX AA VALE ANR SWN ATPG JOYG POT and have already so...

Here's a list of basic material stocks down 10-20% for the week.   We think the sell-off is getting short-term overdone and will be loo...

One of the rule of thumb rules of support buying is you want heavy volume when trading breakdown/breakout but light volume when you buy supp...

We've discussed the overshoot strategy in previous posts but it's always good to review it with real-time examles: So here's wha...

Very good examples today illustrating something we've talked about for years: first test of support is a buy (in a bull market), second...

So far we have had a small day-trade in a short, one break-out starting to work, and three bounce support trades work well. As we wrote in ...

Our only position long, posted today at 2:40PM (average 113.88) in anticipation of the 114.2 break-out. Love the chart, will add on pull-ba...

For as long as it works we will buy support in pull-backs. Couple points in buying pull-backs: 1) stock should be oversold when it hits su...

Update: out of all positions April 27 Our day-trade account time-frame is pretty short these days since we're seeing failures in extend...

Incredible tape/strength in the market today -- we had three triggers, all break-out, and all worked nicely. ICE we had alert 115, but noted...

It seems that the era of the "easy tape" is over for now and we're back to a stock-pickers market. This means that traders wi...

One of the first signs of a true change in sentiment is simply this: support fails to hold. Today was a fantastic day for buying support ...