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ShadowTraderPro Swing Trader 05.22.15
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 Index Monthly, Weekly, and Daily bias.

MONTHLY - Neutral. Small body candle with large upper shadow at new all time highs.

Weekly - Bullish, with three consecutive weekly hammers on chart. Too good to be true? Possibly...very rare pattern and not happening at the low end of a range.

Daily - Neutral to Bullish. Market continues to balance near all time high.

Good morning traders. While the Dow Jones Industrial Average (DJX) sits at new highs, the Dow Jones Transportation Average (DTX) is at year to date lows. This is illustrated on the following chart.

The clear divergence between the DJX and DTX illustrated above is actually not that common. However, our review of longer term charts suggests that the divergence will ultimately correct itself by one of the two indices reversing toward the other. Theoretically, it should be DJX following DTX as DTX is the traditional leading indicator.

What's most important to understand though, is that the divergence does not correct in the short term. It can take weeks for DJX to follow the lead of DTX or for DTX to "get with the program" of the broad market and move back in line with it. Don't run out and trade this signal on a short term basis, but do keep it as part of an ongoing narrative for the broad market and its potential direction in the medium term.

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 Average18285.74+0.340.00%
S&P 500 Index2130.82+4.97+0.23%
Nasdaq Composite5090.79+19.05+0.38%
Nasdaq 1004529.46+24.16+0.54%
Russell 20001256.73+45.88+0.21%
Spot Gold1203.90-23.70-1.93%
Crude Oil60.70+0.42+0.70%
NYSE Overall Volume3,066,056Kn/a+6.83%
Nasdaq Overall Volume1,666,873Kn/a+2.46%
NYSE Breadth1.39 : 1positive
Nasdaq Breadth1.27 : 1positive
NYSE Breadth Ratio58.21
Nasdaq Breadth Ratio56.02
NYSE Advancers/Decliners341
Nasdaq Advancers/Decliners-80
NYSE Trin0.90
Nasdaq Trin0.74
$VIX12.11-0.77
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 2129.75 4536.25
Point of Control 2128.75 4529.75
Value Area Low 2125.75 4519.75
R3 2146.004590.67
R2 2139.004563.58
R1 2133.504546.17
Pivot 2126.504519.08
S1 2121.004501.67
S2 2114.004474.58
S3 2108.504457.17


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.


Fourteen ShadowTrader Sectors closed higher on Thursday while eleven ended lower. DRG is overbought with its sixth consecutive higher close. Both XAL and $DJUSRE will trigger oversold signals with a lower close today. No other sectors, nor the broad market, are overbought or oversold at this time.

Heads Up

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


Today - 05/22/2015

08:30 am EST - Consumer Price Index
Reporting earnings today: ANN, CPB, DE, FL, HIBB, MENT


Monday - 05/25/15

US Holiday: Memorial Day
Markets Closed
eporting earnings today: TOUR


Tuesday - 05/26/15

08:30 am EST - Durable Goods Orders
09:00 am EST - S&P Case-Schiller HPI
10:00 am EST - Consumer Confidence
10:30 am EST - Dallas Fed Mfg Survey
Reporting earnings today: GLNG, NMBL, PLL, TDW, WDAY



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 05/18/15-05/22/15
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 05/18/15-05/22/15
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
USOlong 25005/1420.5005/1820.325.00closed n/a(0.2)($50)$5,125
  Trailing stop hit
SPYshort 40005/18214.8505/18215.05200.00213.05closed n/a(0.20)($80)$85,940
  Tight stop triggered
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $0.00

Click here for year to date Model Portfolio Performance - 2015

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 © 2014 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 | 5/21/2015 10:16:41 PM | 0 Comments
ShadowTraderPro Swing Trader 05.21.15
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 Index Monthly, Weekly, and Daily bias.

MONTHLY - Neutral. Small body candle with large upper shadow at new all time highs.

Weekly - Bullish, with three consecutive weekly hammers on chart. Too good to be true? Possibly...very rare pattern and not happening at the low end of a range.

Daily - Neutral. Two balancing days close to all time highs.

Good morning traders. Of the major US indices, the NASDAQ Composite (COMPQ) looks most vulnerable to a move back lower. Please observe the chart below.

Unlike the NYSE where market breadth seems to be holding up for the time being, COMPQ has much less breadth than it did when the last time price was at current levels. This is exemplified by the lower highs in the percentage of NASDAQ stocks above the fifty day moving average (red line).

This information has us looking for a short trade in the NASDAQ 100 ETF (QQQ) on an undercut of yesterday's low by COMPQ.

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 Average18285.40-26.99-0.15%
S&P 500 Index2125.85-1.98-0.09%
Nasdaq Composite5071.74+1.70+0.03%
Nasdaq 1004505.30+1.58+0.04%
Russell 20001257.73+2.08+0.17%
Spot Gold1208.40-19.20-1.56%
Crude Oil58.97-1.31-2.17%
NYSE Overall Volume3,024,496Kn/a+5.38%
Nasdaq Overall Volume1,781,499Kn/a+9.51%
NYSE Breadth1.00 : 1.00positive
Nasdaq Breadth1.15 : 1.00negative
NYSE Breadth Ratio50.04
Nasdaq Breadth Ratio46.55
NYSE Advancers/Decliners140
Nasdaq Advancers/Decliners39
NYSE Trin1.10
Nasdaq Trin1.18
$VIX12.880.03
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 2125.75 4512.00
Point of Control 2123.25 4505.00
Value Area Low 2121.25 4486.50
R3 2143.084584.00
R2 2137.674559.00
R1 2130.084532.25
Pivot 2124.674507.25
S1 2117.084480.50
S2 2111.674455.50
S3 2104.084428.75


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 Sectors were mixed on Wednesday with fifteen closing higher and ten lower. Three sectors flagged an overbought signal yesterday by closing higher for the fifth consecutive day. These were $DJUSHC, UTY, and $DJUSHB. No other sectors, nor the broad market, are overbought or oversold at this time.

Heads Up

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


Today - 05/21/15

08:30 am EST - Jobless Claims
09:45 am EST - PMI Manfufacturing Index Flash
10:00 am EST - Philadelphia Fed Business Outlook Survey
10:00 am EST - Existing Home Sales
Reporting earnings today: AAP, BBY, DCI, DLTR, GPS, HPQ, INTU, JMEI, LGF, PDCO, ROST, TFM


Friday - 05/22/2015

08:30 am EST - Consumer Price Index
Reporting earnings today: ANN, CPB, DE, FL, MENT


Monday - 05/25/15

US Holiday: Memorial Day
Markets Closed



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 05/18/15-05/22/15
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 05/18/15-05/22/15
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
USOlong 25005/1420.5005/1820.325.00closed n/a(0.2)($50)$5,125
  Trailing stop hit
SPYshort 40005/18214.8505/18215.05200.00213.05closed n/a(0.20)($80)$85,940
  Tight stop triggered
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $0.00

Click here for year to date Model Portfolio Performance - 2015

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 © 2014 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 | 5/20/2015 10:18:29 PM | 0 Comments
ShadowTraderPro Swing Trader 05.20.15
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 Index Monthly, Weekly, and Daily bias.

MONTHLY - Neutral. Small body candle with large upper shadow at new all time highs.

Weekly - Bullish, with three consecutive weekly hammers on chart. Too good to be true? Possibly...very rare pattern and not happening at the low end of a range.

Daily - Bullish but overbought. Market continues to rise to new all time highs on poor volume and structure. Risk of new longs is increasing.

Good morning traders. Yesterday we showed the current bullish indication from our proprietary measure of broad market money flow. Today, we are adding to the list of daily market internals providing bullish underpinnings to the broad market's current price level.

The year to date chart above illustrates the S&P 500 Index versus the NYSE Cumulative Advancers-Decliners Line (AD Line).

The green circles highlight the AD Line's bullish pattern since the beginning of 2015. The yellow highlight shows that while the SPY has risen over the past six days, the AD Line came off its most recent higher low and is now near its own highs for the year. This tells us that breadth at current levels is relatively healthy. If it stays this way in the near term, ShadowTraderPro Swing Trader would not be surprised to see SPY move higher still before a meaningful pullback occurred which was signaled by NYSE Trin and discussed in the May 8th issue of the ShadowTraderPro Swing Trader.

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 Average18312.39+13.51+0.07%
S&P 500 Index2127.83-1.37-0.06%
Nasdaq Composite5070.03-8.40-0.17%
Nasdaq 1004503.71-9.22-0.20%
Russell 20001255.65-1.87-0.15%
Spot Gold1206.90-20.70-1.69%
Crude Oil57.99-2.29-3.80%
NYSE Overall Volume3,241,650Kn/a+12.95%
Nasdaq Overall Volume1,697,917Kn/a+4.37%
NYSE Breadth1.57 : 1negative
Nasdaq Breadth1.71 : 1negative
NYSE Breadth Ratio38.98
Nasdaq Breadth Ratio36.91
NYSE Advancers/Decliners-595
Nasdaq Advancers/Decliners-421
NYSE Trin1.06
Nasdaq Trin1.25
$VIX12.850.12
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 2126.75 4514.00
Point of Control 2124.25 4508.00
Value Area Low 2123.75 4501.50
R3 2138.424539.67
R2 2134.334530.08
R1 2129.424515.67
Pivot 2125.334506.08
S1 2120.424491.67
S2 2116.334482.08
S3 2111.424467.67


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 ShadowTrader Sectors closed lower on Tuesday while six ended higher. $DJUSCA remained oversold by closing lower for the seventh consecutive day. Four sectors could trigger overbought signals with a close higher today. These are $DJUSHC, UTY, $DJUSHB and DRG. No other sectors, nor the broad market, are overbought or oversold at this time.

Heads Up

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


Today - 05/20/15

10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - FOMC Minutes
Reporting earnings today: CRM, HRL, LB, LOW, NTAP, RXN, SHLD, TGT, WSM, YOKU


Thursday - 05/21/15

08:30 am EST - Jobless Claims
09:45 am EST - PMI Manfufacturing Index Flash
10:00 am EST - Philadelphia Fed Business Outlook Survey
10:00 am EST - Existing Home Sales
Reporting earnings today: AAP, BBY, DLTR, GPS, HPQ, INTU, JMEI, LGF, PDCO, ROST


Friday - 05/22/2015

08:30 am EST - Consumer Price Index
Reporting earnings today: ANN, CPB, DE, FL, HIBB, MENT, VOD



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 05/18/15-05/22/15
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 05/18/15-05/22/15
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
USOlong 25005/1420.5005/1820.325.00closed n/a(0.2)($50)$5,125
  Trailing stop hit
SPYshort 40005/18214.8505/18215.05200.00213.05closed n/a(0.20)($80)$85,940
  Tight stop triggered
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $0.00

Click here for year to date Model Portfolio Performance - 2015

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 © 2014 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 | 5/19/2015 11:50:43 PM | 0 Comments
ShadowTraderPro Swing Trader 05.19.15
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 Index Monthly, Weekly, and Daily bias.

MONTHLY - Neutral. Small body candle with large upper shadow at new all time highs.

Weekly - Bullish, with three consecutive weekly hammers on chart. Too good to be true? Possibly...very rare pattern and not happening at the low end of a range.

Daily - Bullish. New all time highs, but poor structure and low volume continue.

Good morning traders. The latest reading by our proprietary measure of broad market money flow (MF) is pictured below.

For the first time since late February, MF has begun to move higher. Although overall volume on the NYSE was slightly less than average yesterday, the MF reading broke through the two month downtrend. A continuation higher by MF will be one indication that larger players are buying stocks which would certainly be a bullish indication for the broad market.

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 Average18298.88+26.32+0.14%
S&P 500 Index2129.20+6.47+0.30%
Nasdaq Composite5078.43+30.14+0.60%
Nasdaq 1004512.94+18.65+0.42%
Russell 20001257.523600.00%
Spot Gold1227.60+2.60+0.21%
Crude Oil60.28+0.39+0.65%
NYSE Overall Volume2,869,974Kn/a-10.18%
Nasdaq Overall Volume1,626,798Kn/a-5.53%
NYSE Breadth1.26 : 1positive
Nasdaq Breadth2.10 : 1positive
NYSE Breadth Ratio55.67
Nasdaq Breadth Ratio67.78
NYSE Advancers/Decliners417
Nasdaq Advancers/Decliners789
NYSE Trin1.05
Nasdaq Trin0.86
$VIX12.730.35
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 2128.50 4517.50
Point of Control 2126.00 4512.00
Value Area Low 2119.50 4488.50
R3 2143.584563.42
R2 2136.174540.58
R1 2131.084523.92
Pivot 2123.674501.08
S1 2118.584484.42
S2 2111.174461.58
S3 2106.084444.92


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.


Sixteen ShadowTrader Sectors closed higher on Monday while nine ended lower. $DJUSCA remained oversold by closing lower for the sixth consecutive day. Beyond this, no other sectors, nor the broad market, are overbought or oversold at this time.

Heads Up

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


Today - 05/19/2015

08:30 am EST - Housing Starts
Reporting earnings today: ADI, ADSK, CMCM, CMGE, CSC, DKS, ETSY, HD, KEYS, QIHU, RRGB, TJX, WMT, WUBA


Wednesday - 05/20/15

10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - FOMC Minutes
Reporting earnings today: CRM, HRL, LB, LOW, NTAP, TGT, WSM, YOKU


Thursday - 05/21/15

08:30 am EST - Jobless Claims
09:45 am EST - PMI Manfufacturing Index Flash
10:00 am EST - Philadelphia Fed Business Outlook Survey
10:00 am EST - Existing Home Sales
Reporting earnings today: AAP, ARUN, BAH, BBY, DLTR, GPS, HPQ, INTU, JMEI, LGF, PDCO, ROST, TFM



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
SNDK 68.20 66.10 Triangle consolidation on daily

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 05/18/15-05/22/15
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 05/18/15-05/22/15
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
USOlong 25005/1420.5005/1820.325.00closed n/a(0.2)($50)$5,125
  Trailing stop hit
SPYshort 40005/18214.8505/18215.05200.00213.05closed n/a(0.20)($80)$85,940
  Tight stop triggered
TOTALS: 0 open shares (open capital committed doesn't include closed trades) $0.00

Click here for year to date Model Portfolio Performance - 2015

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 © 2014 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 | 5/18/2015 9:34:03 PM | 0 Comments
ShadowTraderPro Swing Advisory - SPY Buy to cover

May 18, 2015
 
Company: S&P 500 (SPY)
Action: Buy stop hit
Price: $215.05
Entry Price: $214.85
Exit Price 215.05
Shares: 400
Stop: $213.05
Target: n/a

Trade Explanation: The market did not stop at the trendline and took out the high of the day, triggering our buy stop that got us flat the position for a very small loss of $0.15 per share.

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 | 5/18/2015 1:44:46 PM | 0 Comments
ShadowTraderPro Swing Advisory - SPY Short the Stock

May 18, 2015
 
Company: S&P 500 (SPY)
Action: Short the stock
Price: $212.90
Entry Price: $212.90
Exit Price n/a
Shares: 400
Stop: $213.05
Target: 200.00

Trade Explanation: Shorting SPY here at touch of a trendline on daily chart.  Tight stop  over high of day.  If its going to collapse, it's going to happen right here and now.

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 | 5/18/2015 11:57:01 AM | 0 Comments
ShadowTraderPro Swing Trader Advisory - USO Trailing Stop Triggered
May 18, 2015
 
Company: United States Oil Fund ETF   - (USO)
Action: Trailing Stop Triggered
Entry Price: 20.50
Shares: 250
Exit Price n/a
Stop: n/a
Target: n/a
 
Trade Explanation:  Our trailing stop in USO was triggered at 20.30 for a 0.20 loss.  We are now flat the ETF.
 
 
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 | 5/18/2015 11:49:50 AM | 0 Comments
ShadowTraderPro Swing Trader 05.18.15
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 Index Monthly, Weekly, and Daily bias.

MONTHLY - Neutral. Small body candle with large upper shadow at new all time highs.

Weekly - Bullish, with three consecutive weekly hammers on chart. Too good to be true? Possibly...very rare pattern and not happening at the low end of a range.

Daily - Bullish, but with declining volume and still short term overbought while sitting close to all time highs.

Good morning traders. The biotechnology firm Dyax Corp. (DYAX) appears ready to return to prior highs. Please observe the chart below.

After gapping up in April on very strong volume (blue oval), DYAX pulled back on only average volume. Although the stock broke below the top of the open gap (blue line), sellers failed to push the stock much lower. In fact, price put in a short term double bottom before trading back higher (blue arrows).

Consolidation over the past eight trading days has set up a good entry point just over Friday's highs. We're looking for the stock's strength to push price back up to the prior high at 30.50.

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 Average18272.56+20.32+0.11%
S&P 500 Index2122.73+1.63+0.08%
Nasdaq Composite5048.29-2.50-0.05%
Nasdaq 1004494.29-0.74-0.02%
Russell 20001243.94-1.16-0.09%
Spot Gold1225.30+0.30+0.02%
Crude Oil60.53+0.64+1.07%
NYSE Overall Volume3,070,990Kn/a-3.89%
Nasdaq Overall Volume1,654,413Kn/a-3.93%
NYSE Breadth1.37 : 1positive
Nasdaq Breadth1.13 : 1positive
NYSE Breadth Ratio57.78
Nasdaq Breadth Ratio53.03
NYSE Advancers/Decliners436
Nasdaq Advancers/Decliners-75
NYSE Trin0.97
Nasdaq Trin0.84
$VIX12.38-0.36
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 2117.75 4491.25
Point of Control 2115.25 4484.75
Value Area Low 2114.25 4481.75
R3 2129.174533.42
R2 2124.834520.08
R1 2121.924504.42
Pivot 2117.584491.08
S1 2114.674475.42
S2 2110.334462.08
S3 2107.424446.42


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.


Eighteen of twenty five ShadowTrader Sectors closed higher on Froday. $DJUSCA closed lower for the fifth consecutive day which triggered an oversold signal for the sector. A higher close today by TOB will cause it to signal being overbought. No other sectors, nor the broad market, are overbought or oversold at this time.

Heads Up

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


Today - 05/18/15

10:00 am EST - Housing Market Index
Reporting earnings today: A, SINA, TTWO


Tuesday - 05/19/2015

08:30 am EST - Housing Starts
Reporting earnings today: ADI, ADSK, CMCM, CMGE, CSC, DKS, ETSY, HD, QIHU, TJX, WMT, WUBA


Wednesday - 05/20/15

10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - FOMC Minutes
Reporting earnings today: CRM, HRL, LB, LOW, NTAP, TGT, WSM, YOKU



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
GPRO 48.75 or 50.89 48.63 Please see the ShadowTrader Weekend Update
ADTN 16.92 16.35 Please see Friday's ShadowTraderPro Swing Trader
FCX 23.26 22.40 Flagging continuation pattern
SNDK 68.20 66.10 Triangle consolidation on daily
DYAX 26.60 24.85 Please see today's Looking Ahead section

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 05/18/15-05/22/15
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
USOlong 25005/1420.50 n/a n/a 25.0055.20 open 20.520.02$5$5,125
  Stayed in the trade via the ShadowTrader 15 Minute Rule on Friday's opening gap down.
CLOSED POSITIONS - week of 05/18/15-05/22/15
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: 250 open shares (open capital committed doesn't include closed trades) $5,125

Click here for year to date Model Portfolio Performance - 2015

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 © 2014 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 | 5/17/2015 10:35:37 PM | 0 Comments
ShadowTraderPro Swing Trader Advisory - USO Move Stop
 
May 15, 2015
 
Company: United States Oil Fund ETF   - (USO)
Action: Move Stop 
Entry Price: 20.50
Shares: 250
Exit Price n/a
Stop: 20.30
Target: 25.00
 
Trade Explanation:  After employing the 15 minute rule this morning, which was successful in preventing us from being stopped out on oil's opening gap down, we have moved our stop back up to yesterday's position of 20.30
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 | 5/15/2015 1:26:48 PM | 0 Comments
ShadowTraderPro Swing Trader Advisory - USO Move Stop - 15 Minute Rule
May 15, 2015
 
Company: United States Oil Fund ETF   - (USO)
Action: Move Stop - 15 Minute Rule
Entry Price: 20.50
Shares: 250
Exit Price n/a
Stop: 19.97
Target: 25.00
 
Trade Explanation:  With this morning's opening gap beneath our stop at 20.30, we employed the 15 minute rule on our USO position.  When price opens with a gap past our stop, we let trade take place for 15 minutes, and then move our stop just behind the first 15 minute price bar.
Our new stop is now 19.97
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 | 5/15/2015 9:47:14 AM | 0 Comments