ShadowTrader Swing Trader rss
ShadowTraderPro Swing Trader 04.17.14
Swing Trader


You can get real-time alerts to your phone for this advisory by texting "follow st_swing" (without the quote marks) to 40404 on your cellphone. No twitter account is necessary.

To stop receiving alerts, simply text "off st_swing" (no quotes) to 40404

The ShadowTraderPro Swing Trader is your every morning dose of market reality brought to you from the resident geniuses at ShadowTrader. Each issue contains a full report on the prior day's action, including market internals, technicals, and what sectors were hot and cold. Each issue also includes the ShadowTraderPro Model Portfolio, which updates members on what stock plays STPro is currently engaged in officially, as well as provide a daily list of long and short setups for more self-directed traders and investors.

To get the most out of your subscription, please read our Swing Trader User's Guide

If you have any questions or comments regarding commentary or plays in this newsletter, please email to swingtrader@shadowtrader.net.

Looking Ahead

Market Outlook - Check here daily for the current S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Small body candle however, possibly indicative of slowing of momentum.

WEEKLY - Bearish. Follow through lower from topping tail on the SPX weekly. Large red candle, close on the lows.

DAILY - Bullish. Strong follow through higher on third day of reversal.

Good morning traders. In yesterday's edition, we illustrated how the NASDAQ Composite Index (COMP) must overcome key trendline resistance if the current broad market rally is going to last.

Today we're looking at the challenges facing the advance of the Russell 2000 Index (IWM) and the importance of today's close from a technical perspective. Please observe the chart below.

There are two key points to be made concerning IWM on the weekly chart.

First, today's closing price will determine whether IWM reclaims the "good" side of the ascending trendline drawn from the lows of 11/12/12. A failure from yesterday's touch of what is currently resistance (blue arrow) increases the probabilities of a reversal back lower next week.

Second, even if price is successful today of reclaiming the ascending trendline, price will be faced with the next area resistance at the descending trendline from prior highs (red arrow).

Under The Hood

When we say "under the hood" we mean market internals, ie: what was really happening behind the scenes. ShadowTraders who listen to our daily broadcast every day live on the thinkorswim platform know that all closing figures on the major averages should only be interpreted in the context of market internals. Look for convergences and divergences in the breadth, a/d line, and trin figures below to either confirm or cast doubt on what all those talking heads on TV are telling you.

Dow Jones Industrial Average16424.85+162.29+1.00%
S&P 500 Index1862.31+19.33+1.05%
Nasdaq Composite4086.22+52.06+1.29%
Nasdaq 1003533.08+45.23+1.30%
Russell 20001131.76+12.27+1.10%
Spot Gold1303.14-0.39-0.03%
Crude Oil103.90+0.10+0.10%
NYSE Overall Volume3,128,589Kn/a-15.68%
Nasdaq Overall Volume1,838,184Kn/a-22.73%
NYSE Breadth3.69 : 1positive
Nasdaq Breadth4.45 : 1positive
NYSE Breadth Ratio78.66
Nasdaq Breadth Ratio81.64
NYSE Advancers/Decliners1806
Nasdaq Advancers/Decliners1053
NYSE Trin1.06
Nasdaq Trin0.54
$VIX14.18-1.43
Market Profile and Pivot Points for ES and NQ for Thursday
 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High 1850.75 3512.00
Point of Control 1846.25 3496.00
Value Area Low 1842.75 3493.00
R3 1874.173568.33
R2 1865.083546.17
R1 1858.923523.83
Pivot 1849.833501.67
S1 1843.673479.33
S2 1834.583457.17
S3 1828.423434.83


ShadowTrader Sector Trend Scores

The ShadowTrader Sector Trend Score matrix is a proprietary method of assigning values to twenty five sectors that are a representative cross-section of the market as a whole. The heat map in the trend score column defines the current strength or weakness of that sector using a proprietary weighting formula. Sectors bolded in green and red are the two sectors that experienced the largest absolute gain and loss in trend score over the prior day. We strongly urge subscribers to read the full explanation of the meaning and calculation of the trend scores in the Swing Trader User's Guide.


Twenty two of twenty five ShadowTrader Sectors closed higher on Wednesday. The two sectors that closed lower were SOX and GOX. Neither the broad market, nor any individual sectors are overbought or oversold at this point, however a broad based close higher by the general market today will put it into overbought territory.

Heads Up

Up and coming economic and corporate data that may move markets this week:


Thursday - 04/17/2014

08:30 am EST - Jobless Claims
10:00 am EST - Philadelphia Fed Survey
Reporting earnings today: ADS, ALSN, AN, ATHN, BAX, BBT, BHI, BLK, BX, CMG, COL, CPHD, DD, DHR, DOV, FITB, GE, GS, HON, MAT, MS, PEP, PM, PPG, PVTB, SAP, SHW, SLB, SON, TSM, UNH, UNP, WBS


Friday - 04/18/2014

U.S markets closed
Reporting earnings today: No companies with stock priced $20 or higher with average daily volume of 500k or more reporting earnings.


Monday - 04/21/14

No economic data scheduled for release
Reporting earnings today: ATMI, BKW, BMRN, BRO, CBG, CE, CRTO, DECK, DRC, ECA, GD, GNC, HAL, HAS, HAWK, HBI, HXL, ITC, ITMN, KBR, KMB, LII, LLL, NFLX, OIS, POT, RCII, RHI, SCCO, SEIC, STI, TRP, TV, UAL, UTHR, WERN, WYNN, ZION



Bulls and Bears

This section is for self-directed traders and investors who like to "do it themselves". Every trading day, Bulls and Bears will list long and short equity setups with defined entries and stops. Note: A listing in this section does NOT necessarily mean that the stock will end up as a part of the ShadowTraderPro Model Portfolio. Plays listed here change daily and are not managed or tracked by ShadowTrader unless traded via MyTrade posting.

Long Ideas

 Symbol Trigger Price Stop Price Notes
None

Short Ideas

 Symbol Trigger Price Stop Price Notes
None

ShadowTrader Model Portfolio

The matrix below shows all current ShadowTrader Pro plays in the Model Portfolio. The Model Portfolio contains only those plays that are sent out in real-time via posting to MyTrade or text message to your phone. Bulls and Bears plays above are not actively managed or tracked. Current open positions are on top, with positions that were closed in the current calendar week on the bottom. Closed positions are moved out of the matrix on Monday mornings and posted in our performance page here.


To get the most out of your subscription and for detailed instructions on how to structure your own portfolio, read our Swing Trader User's Guide


OPEN POSITIONS - week of 04/14/14 - 04/18/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
CLOSED POSITIONS - week of 04/14/14 - 04/18/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $0.00

Click here for year to date Model Portfolio Performance - 2014

Click here for Model Portfolio Performance - 2013

Click here for Model Portfolio Performance - 2012

Click here for Model Portfolio Performance - 2011

Click here for Model Portfolio Performance - 2010

Click here for Model Portfolio Performance - 2009

Click here for Model Portfolio Performance - 2008

All content © 2013 by ShadowTrader Technologies, LLC. All rights reserved.

Disclaimer and Waiver of Claims: The ShadowTraderPro Swing Trader is a newsletter service, designed as supplemental material for the ShadowTraderPro Newsletter subscription service and it is not intended to be a stand alone newsletter. The risk of loss in the trading of any securities products can be substantial. The strategies mentioned here are active trading strategies, therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. Past performance of any trades mentioned never guarantees future results.

Securities and options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

ShadowTrader Swing Trader | 4/16/2014 10:27:59 PM | 0 Comments
ShadowTraderPro Swing Trader 04.16.14
Swing Trader


You can get real-time alerts to your phone for this advisory by texting "follow st_swing" (without the quote marks) to 40404 on your cellphone. No twitter account is necessary.

To stop receiving alerts, simply text "off st_swing" (no quotes) to 40404

The ShadowTraderPro Swing Trader is your every morning dose of market reality brought to you from the resident geniuses at ShadowTrader. Each issue contains a full report on the prior day's action, including market internals, technicals, and what sectors were hot and cold. Each issue also includes the ShadowTraderPro Model Portfolio, which updates members on what stock plays STPro is currently engaged in officially, as well as provide a daily list of long and short setups for more self-directed traders and investors.

To get the most out of your subscription, please read our Swing Trader User's Guide

If you have any questions or comments regarding commentary or plays in this newsletter, please email to swingtrader@shadowtrader.net.

Looking Ahead

Market Outlook - Check here daily for the current S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Small body candle however, possibly indicative of slowing of momentum.

WEEKLY - Bearish. Follow through lower from topping tail on the SPX weekly. Large red candle, close on the lows.

DAILY - Neutral to Bullish. Retest of Friday's low followed by close near highs of the day.

Good morning traders. It will be important for traders to keep a close eye on the NASDAQ Composite Index (COMP) to help gauge the strength of the reversal in stocks we have seen so far this week. Please observe the chart below.

The good news for bulls is COMP held support of the prior lows (blue line), the ascending trendline from the low on 11/16/12, and the 200 day moving average (200ma).

Although bulls might be feeling confident from this result, they have yet to take control of the market back from the bears. In order for this to be accomplished, bulls need to break at least the 3rd of three short term descending trendlines (red) illustrated on the chart. The steep slope of the 3rd trendline dictates that this will be decided no later than the middle of next week. Of course the worst case scenario for bulls would be a price reversal lower and undercut of yesterday's low at any point in the near term. This scenario would almost certainly lead to another leg lower.

Under The Hood

When we say "under the hood" we mean market internals, ie: what was really happening behind the scenes. ShadowTraders who listen to our daily broadcast every day live on the thinkorswim platform know that all closing figures on the major averages should only be interpreted in the context of market internals. Look for convergences and divergences in the breadth, a/d line, and trin figures below to either confirm or cast doubt on what all those talking heads on TV are telling you.

Dow Jones Industrial Average16262.56+89.32+0.55%
S&P 500 Index1842.98+12.37+0.68%
Nasdaq Composite4034.16+11.46+0.29%
Nasdaq 1003487.85+13.22+0.38%
Russell 20001119.49+4.14+0.37%
Spot Gold1303.53-23.26-1.75%
Crude Oil103.80+0.25+0.24%
NYSE Overall Volume3,710,521Kn/a+20.17%
Nasdaq Overall Volume2,378,994Kn/a+27.29%
NYSE Breadth1.77 : 1positive
Nasdaq Breadth1.44 : 1positive
NYSE Breadth Ratio63.86
Nasdaq Breadth Ratio59.09
NYSE Advancers/Decliners678
Nasdaq Advancers/Decliners-148
NYSE Trin0.89
Nasdaq Trin0.62
$VIX15.61-0.50
Market Profile and Pivot Points for ES and NQ for Wednesday
 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High 1837.00 3485.00
Point of Control 1836.50 3478.00
Value Area Low 1819.50 3433.50
R3 1876.923618.67
R2 1857.333558.58
R1 1848.423524.92
Pivot 1828.833464.83
S1 1819.923431.17
S2 1800.333371.08
S3 1791.423337.42


ShadowTrader Sector Trend Scores

The ShadowTrader Sector Trend Score matrix is a proprietary method of assigning values to twenty five sectors that are a representative cross-section of the market as a whole. The heat map in the trend score column defines the current strength or weakness of that sector using a proprietary weighting formula. Sectors bolded in green and red are the two sectors that experienced the largest absolute gain and loss in trend score over the prior day. We strongly urge subscribers to read the full explanation of the meaning and calculation of the trend scores in the Swing Trader User's Guide.


Twenty of twenty five ShadowTrader Sectors closed higher on Tuesday. The five sectors that closed lower were $DJUSRT, TOB, $DJUSCA, GOX, and $DJUSHB. Neither the broad market, nor any individual sectors are overbought or oversold at this point.

Heads Up

Up and coming economic and corporate data that may move markets this week:


Wednesday - 04/16/14

08:30 am EST - Housing Starts
09:15 am EST - Industrial Production
10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - Beige Book
Reporting earnings today: ABT, ADTN, ALB, ASML, AXP, CCK, COF, EFII, EPB, EWBC, FRC, GOOGL, GWW, IBM, KMI, KMP, KSU, NE, NSR, PNC, SLM, SNDK, STJ, URI, USB


Thursday - 04/17/2014

08:30 am EST - Jobless Claims
10:00 am EST - Philadelphia Fed Survey
Reporting earnings today: ADS, ALSN, AN, ATHN, BAX, BBT, BHI, BLK, BX, COL, CPHD, DD, DHR, DOV, FITB, GE, GS, HLSS, HON, ISBC, MAT, MS, PEP, PM, PPG, PVTB, SAP, SHW, SLB, SON, TSM, UNH, UNP, WBS


Friday - 04/18/2014

U.S markets closed
Reporting earnings today: No companies with stock priced $20 or higher with average daily volume of 500k or more reporting earnings.



Bulls and Bears

This section is for self-directed traders and investors who like to "do it themselves". Every trading day, Bulls and Bears will list long and short equity setups with defined entries and stops. Note: A listing in this section does NOT necessarily mean that the stock will end up as a part of the ShadowTraderPro Model Portfolio. Plays listed here change daily and are not managed or tracked by ShadowTrader unless traded via MyTrade posting.

Long Ideas

 Symbol Trigger Price Stop Price Notes
LHO 30.20 24.89 Approaching ascending trendline from 6/24/13 low
FLT 102.36 99.50 Please see Monday's Looking Ahead section
KATE 26.89 24.89 Anticipating touch of ascending trendline from 11/15/12 low
LOCK 13.95 12.75 Coming into primary trendline from 12/21/12 low

Short Ideas

 Symbol Trigger Price Stop Price Notes
None

ShadowTrader Model Portfolio

The matrix below shows all current ShadowTrader Pro plays in the Model Portfolio. The Model Portfolio contains only those plays that are sent out in real-time via posting to MyTrade or text message to your phone. Bulls and Bears plays above are not actively managed or tracked. Current open positions are on top, with positions that were closed in the current calendar week on the bottom. Closed positions are moved out of the matrix on Monday mornings and posted in our performance page here.


To get the most out of your subscription and for detailed instructions on how to structure your own portfolio, read our Swing Trader User's Guide


OPEN POSITIONS - week of 04/14/14 - 04/18/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
CLOSED POSITIONS - week of 04/14/14 - 04/18/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $0.00

Click here for year to date Model Portfolio Performance - 2014

Click here for Model Portfolio Performance - 2013

Click here for Model Portfolio Performance - 2012

Click here for Model Portfolio Performance - 2011

Click here for Model Portfolio Performance - 2010

Click here for Model Portfolio Performance - 2009

Click here for Model Portfolio Performance - 2008

All content © 2013 by ShadowTrader Technologies, LLC. All rights reserved.

Disclaimer and Waiver of Claims: The ShadowTraderPro Swing Trader is a newsletter service, designed as supplemental material for the ShadowTraderPro Newsletter subscription service and it is not intended to be a stand alone newsletter. The risk of loss in the trading of any securities products can be substantial. The strategies mentioned here are active trading strategies, therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. Past performance of any trades mentioned never guarantees future results.

Securities and options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

ShadowTrader Swing Trader | 4/15/2014 10:13:50 PM | 0 Comments
ShadowTraderPro Swing Trader 04.15.14
Swing Trader


You can get real-time alerts to your phone for this advisory by texting "follow st_swing" (without the quote marks) to 40404 on your cellphone. No twitter account is necessary.

To stop receiving alerts, simply text "off st_swing" (no quotes) to 40404

The ShadowTraderPro Swing Trader is your every morning dose of market reality brought to you from the resident geniuses at ShadowTrader. Each issue contains a full report on the prior day's action, including market internals, technicals, and what sectors were hot and cold. Each issue also includes the ShadowTraderPro Model Portfolio, which updates members on what stock plays STPro is currently engaged in officially, as well as provide a daily list of long and short setups for more self-directed traders and investors.

To get the most out of your subscription, please read our Swing Trader User's Guide

If you have any questions or comments regarding commentary or plays in this newsletter, please email to swingtrader@shadowtrader.net.

Looking Ahead

Market Outlook - Check here daily for the current S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Small body candle however, possibly indicative of slowing of momentum.

WEEKLY - Bearish. Follow through lower from topping tail on the SPX weekly. Large red candle, close on the lows.

DAILY - Neutral. Rejection of lower price probe later in day. SPX closed back near highs of the day.

Good morning traders. We're expecting the broad market to follow through higher today. The hourly chart of the S&P 500 Index (SPY) helps explain why.

Yesterday's trade was relatively flat with lower volume as the market continues to move toward a three day weekend.

However, beginning around 2:15pm EST, things got more exciting when bears made a strong attempt to push price to a third consecutive lower-low on the daily time frame.

Selling quickened at 3:00pm EST and by 3:10pm EST SPY was at the low of the day ready to challenge Friday's low. But just as fast as price moved down, it rebounded back higher forming the double bottom (red circles) illustrated on the chart above.

Following the lower price rejection (black arrow), SPY followed through higher closing just under the inflection level between 183.37 and 183.59 (blue lines).

We believe yesterday's quick rejection of Friday's lows and strong move back higher during the last hour of trade, was a clear message that SPY intends to move higher into the triangle defined by the descending trendline and horizontal resistance (blue lines).

Under The Hood

When we say "under the hood" we mean market internals, ie: what was really happening behind the scenes. ShadowTraders who listen to our daily broadcast every day live on the thinkorswim platform know that all closing figures on the major averages should only be interpreted in the context of market internals. Look for convergences and divergences in the breadth, a/d line, and trin figures below to either confirm or cast doubt on what all those talking heads on TV are telling you.

Dow Jones Industrial Average16173.24+146.49+0.91%
S&P 500 Index1830.61+14.92+0.82%
Nasdaq Composite4022.69+22.96+0.57%
Nasdaq 1003474.63+27.78+0.81%
Russell 20001115.35+3.92+0.35%
Spot Gold1326.79+1.45+0.11%
Crude Oil103.55-0.19-0.18%
NYSE Overall Volume3,087,766Kn/a-17.05%
Nasdaq Overall Volume1,868,897Kn/a-16.67%
NYSE Breadth3.21 : 1positive
Nasdaq Breadth1.55 : 1positive
NYSE Breadth Ratio76.25
Nasdaq Breadth Ratio60.79
NYSE Advancers/Decliners984
Nasdaq Advancers/Decliners143
NYSE Trin0.61
Nasdaq Trin0.72
$VIX16.11-0.92
Market Profile and Pivot Points for ES and NQ for Tuesday
 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High 1824.75 3476.00
Point of Control 1823.75 3455.00
Value Area Low 1816.75 3449.00
R3 1851.333542.50
R2 1839.673513.75
R1 1832.083492.00
Pivot 1820.423463.25
S1 1812.833441.50
S2 1801.173412.75
S3 1793.583391.00


ShadowTrader Sector Trend Scores

The ShadowTrader Sector Trend Score matrix is a proprietary method of assigning values to twenty five sectors that are a representative cross-section of the market as a whole. The heat map in the trend score column defines the current strength or weakness of that sector using a proprietary weighting formula. Sectors bolded in green and red are the two sectors that experienced the largest absolute gain and loss in trend score over the prior day. We strongly urge subscribers to read the full explanation of the meaning and calculation of the trend scores in the Swing Trader User's Guide.


ShadowTrader Sector breadth was bullish on Monday. Twenty two sectors closed higher while three closed lower. The three sectors that closed lower were XAL, $DJUSCA, and BTK. Neither the broad market, nor any individual sectors are overbought or oversold at this point.

Heads Up

Up and coming economic and corporate data that may move markets this week:


Today - 04/15/2014

08:30 am EST - Consumer Price Index
08:30 am EST - Empire State Mfg Survey
08:30 am EST - Treasury International Capital
10:00 am EST - Housing Market Index
Reporting earnings today: CMA,   CSX,   INFY, INTC,   JNJ, KO, LLTC, NTRS, SCHW, YHOO  


Wednesday - 04/16/14

08:30 am EST - Housing Starts
09:15 am EST - Industrial Production
10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - Beige Book
Reporting earnings today: ABT, ADTN, ALB,   ASML, AXP, CCK, COF, EWBC,   FRC,   GOOGL, IBM,   KMP,   KSU,   NE,   NSR, PNC,   SLM, SNDK, STJ, URI,   USB


Thursday - 04/17/2014

08:30 am EST - Jobless Claims
10:00 am EST - Philadelphia Fed Survey
Reporting earnings today: ADS, ALSN,   AN, ATHN, BAX, BBT,   BHI,   BLK, BX, COL, CPHD, DD,   DHR,   DOV,   FITB,   GE,   GS, HON,   MAT, MS, PEP, PM, PPG, PVTB,   SAP, SHW, SLB,   SON, TSM, UNH, UNP



Bulls and Bears

This section is for self-directed traders and investors who like to "do it themselves". Every trading day, Bulls and Bears will list long and short equity setups with defined entries and stops. Note: A listing in this section does NOT necessarily mean that the stock will end up as a part of the ShadowTraderPro Model Portfolio. Plays listed here change daily and are not managed or tracked by ShadowTrader unless traded via MyTrade posting.

Long Ideas

 Symbol Trigger Price Stop Price Notes
LHO 30.15 24.89 Approaching ascending trendline from 6/24/13 low
FLT 102.31 99.50 Please see today's Looking Ahead section
KATE 26.89 24.89 Anticipating touch of ascending trendline from 11/15/12 low
DISCA 75.46 73.36 Entry at ascending trendline from 10/4/11 low
MSI 62.50 61.00 Looking for reversal at prior lows
LOCK 13.95 12.75 Coming into primary trendline from 12/21/12 low
IT 63.89 61.49 Entry at ascending trendline from 12/26/12 low

Short Ideas

 Symbol Trigger Price Stop Price Notes
None

ShadowTrader Model Portfolio

The matrix below shows all current ShadowTrader Pro plays in the Model Portfolio. The Model Portfolio contains only those plays that are sent out in real-time via posting to MyTrade or text message to your phone. Bulls and Bears plays above are not actively managed or tracked. Current open positions are on top, with positions that were closed in the current calendar week on the bottom. Closed positions are moved out of the matrix on Monday mornings and posted in our performance page here.


To get the most out of your subscription and for detailed instructions on how to structure your own portfolio, read our Swing Trader User's Guide


OPEN POSITIONS - week of 04/14/14 - 04/18/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
CLOSED POSITIONS - week of 04/14/14 - 04/18/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $0.00

Click here for year to date Model Portfolio Performance - 2014

Click here for Model Portfolio Performance - 2013

Click here for Model Portfolio Performance - 2012

Click here for Model Portfolio Performance - 2011

Click here for Model Portfolio Performance - 2010

Click here for Model Portfolio Performance - 2009

Click here for Model Portfolio Performance - 2008

All content © 2013 by ShadowTrader Technologies, LLC. All rights reserved.

Disclaimer and Waiver of Claims: The ShadowTraderPro Swing Trader is a newsletter service, designed as supplemental material for the ShadowTraderPro Newsletter subscription service and it is not intended to be a stand alone newsletter. The risk of loss in the trading of any securities products can be substantial. The strategies mentioned here are active trading strategies, therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. Past performance of any trades mentioned never guarantees future results.

Securities and options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

ShadowTrader Swing Trader | 4/14/2014 9:01:40 PM | 0 Comments
ShadowTraderPro Swing Trader 04.14.14
Swing Trader


You can get real-time alerts to your phone for this advisory by texting "follow st_swing" (without the quote marks) to 40404 on your cellphone. No twitter account is necessary.

To stop receiving alerts, simply text "off st_swing" (no quotes) to 40404

The ShadowTraderPro Swing Trader is your every morning dose of market reality brought to you from the resident geniuses at ShadowTrader. Each issue contains a full report on the prior day's action, including market internals, technicals, and what sectors were hot and cold. Each issue also includes the ShadowTraderPro Model Portfolio, which updates members on what stock plays STPro is currently engaged in officially, as well as provide a daily list of long and short setups for more self-directed traders and investors.

To get the most out of your subscription, please read our Swing Trader User's Guide

If you have any questions or comments regarding commentary or plays in this newsletter, please email to swingtrader@shadowtrader.net.

Looking Ahead

Market Outlook - Check here daily for the current S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Small body candle however, possibly indicative of slowing of momentum.

WEEKLY - Bearish. Follow through lower from topping tail on the SPX weekly. Large red candle, close on the lows.

DAILY - Bearish. Follow through lower from "buyer shut off" pattern over previous three days.

Good morning traders. We have eleven trade ideas listed in today's Bulls and Bears section. Eight of them are bullish setups and three are bearish setups.

Fleetcor Technologies, Inc. (FLT) is a bullish play we will be tracking today for an entry. Please observe the chart below.

FLT remains in an uptrend in spite of the move lower over the past six weeks.

Further weakness in the broad market could help the stock come into the area of support defined by the primary ascending trendline (blue) from the weekly lows of 08/06/12, and the shorter term trendline connecting the two most recent weekly swing lows (magenta line).

If FLT reverses off the primary ascending trendline, the uptrend will remain intact. However, if the stock trades below the prior higher-low of 101.48 (red line), the bullish swing pattern will be broken. Given this, we will be managing the trade with a "right or right out" bias.

Under The Hood

When we say "under the hood" we mean market internals, ie: what was really happening behind the scenes. ShadowTraders who listen to our daily broadcast every day live on the thinkorswim platform know that all closing figures on the major averages should only be interpreted in the context of market internals. Look for convergences and divergences in the breadth, a/d line, and trin figures below to either confirm or cast doubt on what all those talking heads on TV are telling you.

Dow Jones Industrial Average16026.75-143.47-0.89%
S&P 500 Index1815.69-17.39-0.95%
Nasdaq Composite3999.73-54.37-1.34%
Nasdaq 1003446.84-40.91-1.17%
Russell 20001111.43-16.22-1.44%
Spot Gold1325.34+5.98+0.45%
Crude Oil103.74+0.52+0.50%
NYSE Overall Volume3,722,622Kn/a+0.16%
Nasdaq Overall Volume2,242,633Kn/a-6.65%
NYSE Breadth4.33 : 1negative
Nasdaq Breadth6.19 : 1negative
NYSE Breadth Ratio18.76
Nasdaq Breadth Ratio13.91
NYSE Advancers/Decliners-1340
Nasdaq Advancers/Decliners-1568
NYSE Trin1.69
Nasdaq Trin1.48
$VIX17.031.14
Market Profile and Pivot Points for ES and NQ for Monday
 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High 1822.25 3473.50
Point of Control 1819.25 3447.00
Value Area Low 1810.75 3438.00
R3 1845.673543.58
R2 1837.083518.67
R1 1824.423481.33
Pivot 1815.833456.42
S1 1803.173419.08
S2 1794.583394.17
S3 1781.923356.83


ShadowTrader Sector Trend Scores

The ShadowTrader Sector Trend Score matrix is a proprietary method of assigning values to twenty five sectors that are a representative cross-section of the market as a whole. The heat map in the trend score column defines the current strength or weakness of that sector using a proprietary weighting formula. Sectors bolded in green and red are the two sectors that experienced the largest absolute gain and loss in trend score over the prior day. We strongly urge subscribers to read the full explanation of the meaning and calculation of the trend scores in the Swing Trader User's Guide.


Twenty four of twenty five ShadowTrader Sectors closed lower on Friday. UTY was the only sector to end in the green (barely). Neither the broad market, nor any individual sectors are overbought or oversold at this point.

Heads Up

Up and coming economic and corporate data that may move markets this week:


Today - 04/14/2014

08:30 am EST - Retail Sales
10:00 am EST - Business Inventories
Reporting earnings today: AAL, C,   EPB, HTLD, JBHT,  KMI,   MTB,   PACW, WWW


Tuesday - 04/15/2014

08:30 am EST - Consumer Price Index
08:30 am EST - Empire State Mfg Survey
08:30 am EST - Treasury International Capital
10:00 am EST - Housing Market Index
Reporting earnings today: CMA,   CSX, INFY, INTC,   JNJ, KO, LLTC, NTRS, SCHW, YHOO  


Wednesday - 04/16/14

08:30 am EST - Housing Starts
09:15 am EST - Industrial Production
10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - Beige Book
Reporting earnings today: ABT, ADTN, ASML, AXP, CCK, COF, FRC,   GOOGL, GWW, IBM,   KMP,   KSU,   NE,   NSR, PNC,  SLM, SNDK, STJ, URI,  USB  



Bulls and Bears

This section is for self-directed traders and investors who like to "do it themselves". Every trading day, Bulls and Bears will list long and short equity setups with defined entries and stops. Note: A listing in this section does NOT necessarily mean that the stock will end up as a part of the ShadowTraderPro Model Portfolio. Plays listed here change daily and are not managed or tracked by ShadowTrader unless traded via MyTrade posting.

Long Ideas

 Symbol Trigger Price Stop Price Notes
LHO 30.15 24.89 Approaching ascending trendline from 6/24/13 low
FLT 102.31 99.50 Please see today's Looking Ahead section
KATE 26.89 24.89 Anticipating touch of ascending trendline from 11/15/12 low
DISCA 75.46 73.36 Entry at ascending trendline from 10/4/11 low
GNW 15.73 14.73 Anticipating touch of ascending trendline from 11/15/12 low
MSI 62.50 61.00 Looking for reversal at prior lows
LOCK 13.95 12.75 Coming into primary trendline from 12/21/12 low
IT 63.89 61.49 Entry at ascending trendline from 12/26/12 low

Short Ideas

 Symbol Trigger Price Stop Price Notes
CTSH 47.17 49.85 Please see the ShadowTrader Weekend Update
FFIV 102.05 107.25 Looking for breakdown to prior highs around 94.60
XLNX 51.21 53.25 Anticipating follow through from Friday's bearish candle and close at prior lows

ShadowTrader Model Portfolio

The matrix below shows all current ShadowTrader Pro plays in the Model Portfolio. The Model Portfolio contains only those plays that are sent out in real-time via posting to MyTrade or text message to your phone. Bulls and Bears plays above are not actively managed or tracked. Current open positions are on top, with positions that were closed in the current calendar week on the bottom. Closed positions are moved out of the matrix on Monday mornings and posted in our performance page here.


To get the most out of your subscription and for detailed instructions on how to structure your own portfolio, read our Swing Trader User's Guide


OPEN POSITIONS - week of 04/14/14 - 04/18/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
CLOSED POSITIONS - week of 04/07/14 - 04/11/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
SJMlong 17504/0297.8504/11/1495.46103.8094.90closed n/a(2.39)($418)$17,124
  Exited on bounce after employing 15 minute rule
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $,0

Click here for year to date Model Portfolio Performance - 2014

Click here for Model Portfolio Performance - 2013

Click here for Model Portfolio Performance - 2012

Click here for Model Portfolio Performance - 2011

Click here for Model Portfolio Performance - 2010

Click here for Model Portfolio Performance - 2009

Click here for Model Portfolio Performance - 2008

All content © 2013 by ShadowTrader Technologies, LLC. All rights reserved.

Disclaimer and Waiver of Claims: The ShadowTraderPro Swing Trader is a newsletter service, designed as supplemental material for the ShadowTraderPro Newsletter subscription service and it is not intended to be a stand alone newsletter. The risk of loss in the trading of any securities products can be substantial. The strategies mentioned here are active trading strategies, therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. Past performance of any trades mentioned never guarantees future results.

Securities and options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

ShadowTrader Swing Trader | 4/13/2014 8:44:39 PM | 0 Comments
ShadowTraderPro Swing Trader Advisory - SJM Sell the Stock
April 11, 2014
 
Company: Smucker JM Corp. - (SJM)
Action: Sell the Stock
Entry Price: 97.85
Shares: 175
Price 95.46
Stop: 94.90
Target: 103.80
 
 
Trade Explanation: We  are taking this bounce in the market as an opportunity to cut our losses in SJM.  We have sold the stock and are now flat.
 
ShadowTraderPro
 
 
Please note: All emails are price sensitive. Therefore, all
recommendations, unless otherwise noted, are applicable
for 'DAY' orders only, not good-till-cancelled. If a
recommendation cannot be filled,we may choose to resend
the email the following day along with any modifications.
 
*****Securities and options involve risk and are not suitable for all
investors. ******
ShadowTrader Swing Trader | 4/11/2014 10:06:15 AM | 0 Comments
ShadowTraderPro Swing Trader Advisory - SJM Move the Stop (15 Minute Rule)
April 11, 2014
 
Company: Smucker JM Corp. - (SJM)
Action: Move the Stop (15 Minute Rule)
Entry Price: 97.85
Shares: 175
Price n/a
Stop: 94.90
Target: 103.80
 
 
Trade Explanation: SJM gapped open below our original stop at 95.17.  This put the 15 minute rule into effect.  Our stop was moved to just under today's first 15 minute bar.
 
ShadowTraderPro
 
 
Please note: All emails are price sensitive. Therefore, all
recommendations, unless otherwise noted, are applicable
for 'DAY' orders only, not good-till-cancelled. If a
recommendation cannot be filled,we may choose to resend
the email the following day along with any modifications.
 
*****Securities and options involve risk and are not suitable for all
investors. ******
ShadowTrader Swing Trader | 4/11/2014 9:54:14 AM | 0 Comments
ShadowTraderPro Swing Trader 04.11.14
Swing Trader


You can get real-time alerts to your phone for this advisory by texting "follow st_swing" (without the quote marks) to 40404 on your cellphone. No twitter account is necessary.

To stop receiving alerts, simply text "off st_swing" (no quotes) to 40404

The ShadowTraderPro Swing Trader is your every morning dose of market reality brought to you from the resident geniuses at ShadowTrader. Each issue contains a full report on the prior day's action, including market internals, technicals, and what sectors were hot and cold. Each issue also includes the ShadowTraderPro Model Portfolio, which updates members on what stock plays STPro is currently engaged in officially, as well as provide a daily list of long and short setups for more self-directed traders and investors.

To get the most out of your subscription, please read our Swing Trader User's Guide

If you have any questions or comments regarding commentary or plays in this newsletter, please email to swingtrader@shadowtrader.net.

Looking Ahead

Market Outlook - Check here daily for the current S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Small body candle however, possibly indicative of slowing of momentum.

WEEKLY - Bearish. Topping tail on the SPX weekly with a high at new all time highs, could have follow through this week.

DAILY - Bearish. Market returned abruptly to low end of recent range.

Good morning traders. Let's get right to the chart of the S&P 500 Index (SPY) below.

In Wednesday's ShadowTraderPro Swing Trader issue, we showed you the same analysis for the S&p 500 Index (SPX) that we are showing today for SPY. We transferred the analysis onto the SPY chart for those who trade the SPDR Trust. The main takeaway, regardless if you are using SPX or SPY is that our nearest downside target is the 138.2% line of the Fibonacci extension study drawn from the lows and high of the months noted on chart.

Now let's take a close up look at the daily chart of SPY below.

Two solid buyer shutoff patterns within the last nine trading days and a close beneath prior range lows and the 50 day moving average. Needless to say, there nothing bullish going on here, and with the relief rally on Tuesday and Wednesday of this week blowing the froth off the first move lower, SPY can now trade lower for 2-3 days before our oversold reading is triggered.

Under The Hood

When we say "under the hood" we mean market internals, ie: what was really happening behind the scenes. ShadowTraders who listen to our daily broadcast every day live on the thinkorswim platform know that all closing figures on the major averages should only be interpreted in the context of market internals. Look for convergences and divergences in the breadth, a/d line, and trin figures below to either confirm or cast doubt on what all those talking heads on TV are telling you.

Dow Jones Industrial Average16170.22-266.96-1.62%
S&P 500 Index1833.08-39.10-2.09%
Nasdaq Composite4054.10-129.79-3.10%
Nasdaq 1003487.76-112.67-3.13%
Russell 20001127.65-32.30-2.78%
Spot Gold1319.36+7.89+0.60%
Crude Oil103.22-0.15-0.15%
NYSE Overall Volume3,716,705Kn/a+12.84%
Nasdaq Overall Volume2,402,348Kn/a+23.51%
NYSE Breadth8.12 : 1negative
Nasdaq Breadth17.36 : 1negative
NYSE Breadth Ratio10.97
Nasdaq Breadth Ratio5.45
NYSE Advancers/Decliners-1726
Nasdaq Advancers/Decliners-1884
NYSE Trin2.26
Nasdaq Trin2.59
$VIX15.892.07
Market Profile and Pivot Points for ES and NQ for Friday
 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High 1852.00 3541.50
Point of Control 1828.50 3481.50
Value Area Low 1824.00 3471.00
R3 1897.173683.83
R2 1881.833639.17
R1 1854.423559.58
Pivot 1839.083514.92
S1 1811.673435.33
S2 1796.333390.67
S3 1768.923311.08


ShadowTrader Sector Trend Scores

The ShadowTrader Sector Trend Score matrix is a proprietary method of assigning values to twenty five sectors that are a representative cross-section of the market as a whole. The heat map in the trend score column defines the current strength or weakness of that sector using a proprietary weighting formula. Sectors bolded in green and red are the two sectors that experienced the largest absolute gain and loss in trend score over the prior day. We strongly urge subscribers to read the full explanation of the meaning and calculation of the trend scores in the Swing Trader User's Guide.


All twenty five ShadowTrader Sectors closed lower on Thursday. No individual sectors nor the broad market is overbought or oversold at this point.

Heads Up

Up and coming economic and corporate data that may move markets this week:


Today - 04/11/14

08:30 am EST - PPI-FD
09:55 am EST - Consumer Sentiment
Reporting earnings today: FAST, JPM, WFC


Monday - 04/14/2014

08:30 am EST - Retail Sales
10:00 am EST - Business Inventories
Reporting earnings today: AAL, C,   JBHT,   KMI,   MTB,   PACW, SJR, WAL, WERN,   WWW


Tuesday - 04/15/2014

08:30 am EST - Consumer Price Index
08:30 am EST - Empire State Mfg Survey
08:30 am EST - Treasury International Capital
10:00 am EST - Housing Market Index
Reporting earnings today: CMA,   CSX,   IBKR, INFY, INTC,   JNJ, KO, LLTC, NTRS, SCHW, YHOO  



Bulls and Bears

This section is for self-directed traders and investors who like to "do it themselves". Every trading day, Bulls and Bears will list long and short equity setups with defined entries and stops. Note: A listing in this section does NOT necessarily mean that the stock will end up as a part of the ShadowTraderPro Model Portfolio. Plays listed here change daily and are not managed or tracked by ShadowTrader unless traded via MyTrade posting.

Long Ideas

 Symbol Trigger Price Stop Price Notes
None

Short Ideas

 Symbol Trigger Price Stop Price Notes
None

ShadowTrader Model Portfolio

The matrix below shows all current ShadowTrader Pro plays in the Model Portfolio. The Model Portfolio contains only those plays that are sent out in real-time via posting to MyTrade or text message to your phone. Bulls and Bears plays above are not actively managed or tracked. Current open positions are on top, with positions that were closed in the current calendar week on the bottom. Closed positions are moved out of the matrix on Monday mornings and posted in our performance page here.


To get the most out of your subscription and for detailed instructions on how to structure your own portfolio, read our Swing Trader User's Guide


OPEN POSITIONS - week of 04/07/14 - 04/11/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
SJMlong 17504/0297.85 n/a n/a 103.8095.17 open 95.5(2.35)($411)$17,124
  Pullback deeper into consolidation
CLOSED POSITIONS - week of 04/07/14 - 04/11/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
TOTALS: 175 open shares (open capital committed doesn't include closed trades) $17,124

Click here for year to date Model Portfolio Performance - 2014

Click here for Model Portfolio Performance - 2013

Click here for Model Portfolio Performance - 2012

Click here for Model Portfolio Performance - 2011

Click here for Model Portfolio Performance - 2010

Click here for Model Portfolio Performance - 2009

Click here for Model Portfolio Performance - 2008

All content © 2013 by ShadowTrader Technologies, LLC. All rights reserved.

Disclaimer and Waiver of Claims: The ShadowTraderPro Swing Trader is a newsletter service, designed as supplemental material for the ShadowTraderPro Newsletter subscription service and it is not intended to be a stand alone newsletter. The risk of loss in the trading of any securities products can be substantial. The strategies mentioned here are active trading strategies, therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. Past performance of any trades mentioned never guarantees future results.

Securities and options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

ShadowTrader Swing Trader | 4/11/2014 12:16:26 AM | 0 Comments
ShadowTraderPro Swing Trader 04.10.14
Swing Trader


You can get real-time alerts to your phone for this advisory by texting "follow st_swing" (without the quote marks) to 40404 on your cellphone. No twitter account is necessary.

To stop receiving alerts, simply text "off st_swing" (no quotes) to 40404

The ShadowTraderPro Swing Trader is your every morning dose of market reality brought to you from the resident geniuses at ShadowTrader. Each issue contains a full report on the prior day's action, including market internals, technicals, and what sectors were hot and cold. Each issue also includes the ShadowTraderPro Model Portfolio, which updates members on what stock plays STPro is currently engaged in officially, as well as provide a daily list of long and short setups for more self-directed traders and investors.

To get the most out of your subscription, please read our Swing Trader User's Guide

If you have any questions or comments regarding commentary or plays in this newsletter, please email to swingtrader@shadowtrader.net.

Looking Ahead

Market Outlook - Check here daily for the current S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Small body candle however, possibly indicative of slowing of momentum.

WEEKLY - Bearish. Topping tail on the SPX weekly with a high at new all time highs, could have follow through this week.

DAILY - Neutral. FOMC minutes release sent market back into midpoint of range.

Good morning traders. Endo International (ENDP) is a short candidate for a failure of yesterday's bounce back higher. Please observe the chart below.

The blue horizontal line represents the level that has supported ENDP since November of last year. This past Monday however, the level became resistance when the stock closed beneath it.

Price has crawled back higher over the last two days and is now within range of testing resistance for the first time. This is the optimal point to enter a short position with a protective stop placed just over the descending trendline (magenta). Using the target at the top of the open gap below (53.38), this trade offers a 3.62 to 1.00 reward to risk ratio.

Under The Hood

When we say "under the hood" we mean market internals, ie: what was really happening behind the scenes. ShadowTraders who listen to our daily broadcast every day live on the thinkorswim platform know that all closing figures on the major averages should only be interpreted in the context of market internals. Look for convergences and divergences in the breadth, a/d line, and trin figures below to either confirm or cast doubt on what all those talking heads on TV are telling you.

Dow Jones Industrial Average16437.18+181.04+1.11%
S&P 500 Index1872.18+20.22+1.09%
Nasdaq Composite4183.90+70.91+1.72%
Nasdaq 1003600.43+62.21+1.76%
Russell 20001159.96+15.73+1.37%
Spot Gold1311.47+1.46+0.11%
Crude Oil103.37+1.06+1.04%
NYSE Overall Volume3,293,713Kn/a-10.74%
Nasdaq Overall Volume1,944,997Kn/a-10.86%
NYSE Breadth2.62 : 1positive
Nasdaq Breadth5.86 : 1positive
NYSE Breadth Ratio72.38
Nasdaq Breadth Ratio85.42
NYSE Advancers/Decliners1433
Nasdaq Advancers/Decliners1274
NYSE Trin1.06
Nasdaq Trin0.52
$VIX13.82-1.07
Market Profile and Pivot Points for ES and NQ for Wednesday
 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High 1866.25 3574.50
Point of Control 1865.25 3545.00
Value Area Low 1850.25 3535.50
R3 1899.333671.08
R2 1882.923632.67
R1 1873.833611.83
Pivot 1857.423573.42
S1 1848.333552.58
S2 1831.923514.17
S3 1822.833493.33


ShadowTrader Sector Trend Scores

The ShadowTrader Sector Trend Score matrix is a proprietary method of assigning values to twenty five sectors that are a representative cross-section of the market as a whole. The heat map in the trend score column defines the current strength or weakness of that sector using a proprietary weighting formula. Sectors bolded in green and red are the two sectors that experienced the largest absolute gain and loss in trend score over the prior day. We strongly urge subscribers to read the full explanation of the meaning and calculation of the trend scores in the Swing Trader User's Guide.


Twenty two of twenty five ShadowTrader Sectors closed higher on Wednesday. The three sectors that closed lower were DJUSRE, TOB, and UTY. No individual sectors nor the broad market are overbought or oversold.

Heads Up

Up and coming economic and corporate data that may move markets this week:


Today - 04/10/2014

08:30 am EST - Jobless Claims
08:30 am EST - Import and Export Prices
Reporting earnings today: FDO


Friday - 04/11/14

08:30 am EST - PPI-FD
09:55 am EST - Consumer Sentiment
Reporting earnings today: FAST, JPM, WFC


Monday - 04/14/2014

08:30 am EST - Retail Sales
10:00 am EST - Business Inventories
Reporting earnings today: AAL, AMX, C, ETFC, HLSS, JBHT, KMI, MTB, PACW, WERN, WWW



Bulls and Bears

This section is for self-directed traders and investors who like to "do it themselves". Every trading day, Bulls and Bears will list long and short equity setups with defined entries and stops. Note: A listing in this section does NOT necessarily mean that the stock will end up as a part of the ShadowTraderPro Model Portfolio. Plays listed here change daily and are not managed or tracked by ShadowTrader unless traded via MyTrade posting.

Long Ideas

 Symbol Trigger Price Stop Price Notes
BBY 28.25 24.80 Consolidation play

Short Ideas

 Symbol Trigger Price Stop Price Notes
ENDP 63.66 66.42 Please see today's Looking Ahead section

ShadowTrader Model Portfolio

The matrix below shows all current ShadowTrader Pro plays in the Model Portfolio. The Model Portfolio contains only those plays that are sent out in real-time via posting to MyTrade or text message to your phone. Bulls and Bears plays above are not actively managed or tracked. Current open positions are on top, with positions that were closed in the current calendar week on the bottom. Closed positions are moved out of the matrix on Monday mornings and posted in our performance page here.


To get the most out of your subscription and for detailed instructions on how to structure your own portfolio, read our Swing Trader User's Guide


OPEN POSITIONS - week of 04/07/14 - 04/11/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
SJMlong 17504/0297.85 n/a n/a 103.8095.17 open 97.23(0.62)($109)$17,124
  Maintaining higher-low
CLOSED POSITIONS - week of 04/07/14 - 04/11/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
TOTALS: 175 open shares (open capital committed doesn't include closed trades) $17,124

Click here for year to date Model Portfolio Performance - 2014

Click here for Model Portfolio Performance - 2013

Click here for Model Portfolio Performance - 2012

Click here for Model Portfolio Performance - 2011

Click here for Model Portfolio Performance - 2010

Click here for Model Portfolio Performance - 2009

Click here for Model Portfolio Performance - 2008

All content © 2013 by ShadowTrader Technologies, LLC. All rights reserved.

Disclaimer and Waiver of Claims: The ShadowTraderPro Swing Trader is a newsletter service, designed as supplemental material for the ShadowTraderPro Newsletter subscription service and it is not intended to be a stand alone newsletter. The risk of loss in the trading of any securities products can be substantial. The strategies mentioned here are active trading strategies, therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. Past performance of any trades mentioned never guarantees future results.

Securities and options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

ShadowTrader Swing Trader | 4/9/2014 11:15:39 PM | 0 Comments
ShadowTraderPro Swing Trader 04.09.14
Swing Trader


You can get real-time alerts to your phone for this advisory by texting "follow st_swing" (without the quote marks) to 40404 on your cellphone. No twitter account is necessary.

To stop receiving alerts, simply text "off st_swing" (no quotes) to 40404

The ShadowTraderPro Swing Trader is your every morning dose of market reality brought to you from the resident geniuses at ShadowTrader. Each issue contains a full report on the prior day's action, including market internals, technicals, and what sectors were hot and cold. Each issue also includes the ShadowTraderPro Model Portfolio, which updates members on what stock plays STPro is currently engaged in officially, as well as provide a daily list of long and short setups for more self-directed traders and investors.

To get the most out of your subscription, please read our Swing Trader User's Guide

If you have any questions or comments regarding commentary or plays in this newsletter, please email to swingtrader@shadowtrader.net.

Looking Ahead

Market Outlook - Check here daily for the current S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Small body candle however, possibly indicative of slowing of momentum.

WEEKLY - Bearish. Topping tail on the SPX weekly with a high at new all time highs, could have follow through this week.

DAILY - Bearish. Small short covering rally yesterday, but value unchanged.

Good morning traders. After yesterday's mosquito bite of a bounce, it appears the market is not currently geared for a "buy the dip" bias just yet. Here are two charts that have us moving toward a more neutral to bearish view near term.

In the April 3, 2014 issue of the ShadowTraderPro Swing Trader, we included the chart above and noted how major moves by the S&p 500 Index (SPX) only occurred with strong simultaneous moves higher by Cumulative $UVOL-$DVOL (red line) and New 52 Week Highs minus 52 Week Lows (blue line). Since then, both of these measures have turned lower to the point of eliminating this bullish signal (red ovals).

A 150.0% Fibonacci extension level isn't the necessarily "end all be all" of inflection points, but it is interesting to see SPX struggling at that exact level on the monthly chart.

Part of what Fibonacci demonstrates to us through his math discoveries is a genuine rhythm in nature, including human nature which abundant in the stock market. Perhaps the resistance at the 150.0% level is simply the market's naturally driven need to take a breather following a 63.00% run up from October 2011 (blue circle). Using the chart above, it is a reasonable possibility that this rhythmic process would have price trade down to the 138.2% level at 1782.70 (orange arrow).

Under The Hood

When we say "under the hood" we mean market internals, ie: what was really happening behind the scenes. ShadowTraders who listen to our daily broadcast every day live on the thinkorswim platform know that all closing figures on the major averages should only be interpreted in the context of market internals. Look for convergences and divergences in the breadth, a/d line, and trin figures below to either confirm or cast doubt on what all those talking heads on TV are telling you.

Dow Jones Industrial Average16256.14+10.27+0.06%
S&P 500 Index1851.96+6.92+0.38%
Nasdaq Composite4112.98+33.23+0.81%
Nasdaq 1003538.22+30.47+0.87%
Russell 20001144.238.460.74%
Spot Gold1310.01+11.18+0.86%
Crude Oil102.31+1.54+1.53%
NYSE Overall Volume3,689,896Kn/a-2.13%
Nasdaq Overall Volume2,182,014Kn/a-13.72%
NYSE Breadth2.21 : 1positive
Nasdaq Breadth2.37 : 1positive
NYSE Breadth Ratio68.83
Nasdaq Breadth Ratio70.30
NYSE Advancers/Decliners1119
Nasdaq Advancers/Decliners859
NYSE Trin0.98
Nasdaq Trin0.86
$VIX14.89-0.68
Market Profile and Pivot Points for ES and NQ for Wednesday
 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High 1847.25 3535.25
Point of Control 1845.75 3526.75
Value Area Low 1839.25 3411.25
R3 1870.673591.67
R2 1859.833563.83
R1 1852.423546.17
Pivot 1841.583518.33
S1 1834.173500.67
S2 1823.333472.83
S3 1815.923455.17


ShadowTrader Sector Trend Scores

The ShadowTrader Sector Trend Score matrix is a proprietary method of assigning values to twenty five sectors that are a representative cross-section of the market as a whole. The heat map in the trend score column defines the current strength or weakness of that sector using a proprietary weighting formula. Sectors bolded in green and red are the two sectors that experienced the largest absolute gain and loss in trend score over the prior day. We strongly urge subscribers to read the full explanation of the meaning and calculation of the trend scores in the Swing Trader User's Guide.


Nineteen of twenty five ShadowTrader Sectors ended higher on Tuesday which was enough for the broad market to avoid an oversold signal. Of the six sectors that closed lower, four will register an oversold signal by closing lower today. These sectors are XAL, DJUSHC, $DJUSRR, and DRG.

Heads Up

Up and coming economic and corporate data that may move markets this week:


Today - 04/09/2014

10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - FOMC Minutes
Reporting earnings today: BBBY, MSM, STZ


Thursday - 04/10/2014

08:30 am EST - Jobless Claims
08:30 am EST - Import and Export Prices
Reporting earnings today: FDO


Friday - 04/11/14

08:30 am EST - PPI-FD
09:55 am EST - Consumer Sentiment
Reporting earnings today: FAST, JPM, WFC



Bulls and Bears

This section is for self-directed traders and investors who like to "do it themselves". Every trading day, Bulls and Bears will list long and short equity setups with defined entries and stops. Note: A listing in this section does NOT necessarily mean that the stock will end up as a part of the ShadowTraderPro Model Portfolio. Plays listed here change daily and are not managed or tracked by ShadowTrader unless traded via MyTrade posting.

Long Ideas

 Symbol Trigger Price Stop Price Notes
None

Short Ideas

 Symbol Trigger Price Stop Price Notes
None

ShadowTrader Model Portfolio

The matrix below shows all current ShadowTrader Pro plays in the Model Portfolio. The Model Portfolio contains only those plays that are sent out in real-time via posting to MyTrade or text message to your phone. Bulls and Bears plays above are not actively managed or tracked. Current open positions are on top, with positions that were closed in the current calendar week on the bottom. Closed positions are moved out of the matrix on Monday mornings and posted in our performance page here.


To get the most out of your subscription and for detailed instructions on how to structure your own portfolio, read our Swing Trader User's Guide


OPEN POSITIONS - week of 04/07/14 - 04/11/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
SJMlong 17504/0297.85 n/a n/a 103.8095.17 open 97.11(0.74)($130)$17,124
  Pullback into consolidation range
CLOSED POSITIONS - week of 04/07/14 - 04/11/14
sym dir size date
entered
entry
price
date
closed
exit
price
target stop status mark
to
market
p&l
points
p&l
capital
capital
commit
None
TOTALS: 175 open shares (open capital committed doesn't include closed trades) $17,124

Click here for year to date Model Portfolio Performance - 2014

Click here for Model Portfolio Performance - 2013

Click here for Model Portfolio Performance - 2012

Click here for Model Portfolio Performance - 2011

Click here for Model Portfolio Performance - 2010

Click here for Model Portfolio Performance - 2009

Click here for Model Portfolio Performance - 2008

All content © 2013 by ShadowTrader Technologies, LLC. All rights reserved.

Disclaimer and Waiver of Claims: The ShadowTraderPro Swing Trader is a newsletter service, designed as supplemental material for the ShadowTraderPro Newsletter subscription service and it is not intended to be a stand alone newsletter. The risk of loss in the trading of any securities products can be substantial. The strategies mentioned here are active trading strategies, therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. Past performance of any trades mentioned never guarantees future results.

Securities and options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

ShadowTrader Swing Trader | 4/8/2014 9:47:25 PM | 0 Comments
ShadowTraderPro Swing Trader Cancel all Open Orders for April 8, 2014
April 8, 2014
 
ShadowTraderPro Swing Trader Advisory will enter the following positions today either long or short via limit orders or buy or sell stop orders if any of the following prices are met. Upon entry, a formal advisory notice with more detail will be sent out confirming the entry.  All prices are good for today only during regular trading hours.  All orders not filled are expired and invalid after 4pm EST.
 
 
 We have cancelled all open orders posted premarket this morning.
 
 
ShadowTraderPro
 
Please note: All emails are price sensitive. Therefore, all
recommendations, unless otherwise noted, are applicable
for 'DAY' orders only, not good-till-cancelled. If a
recommendation cannot be filled,we may choose to resend
the email the following day along with any modifications.
 
*****Securities and options involve risk and are not suitable for all
investors. ******
ShadowTrader Swing Trader | 4/8/2014 9:54:42 AM | 0 Comments