ShadowTrader Swing Trader rss
ShadowTraderPro Swing Trader 07.23.14
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. Monthly bar close at highs indicating more gains in June.

WEEKLY - Bullish. Hammer on this timeframe, could possibly be construed as hanging man due to not being at low end of range however with market balancing a lot and digesting liquidation breaks continually it is not at elevated levels either.

DAILY - Bullish. Market closing right at all time highs on decent expansion of range.

Good morning traders. Below is a follow up to the NYSE New Highs - New Lows (NH-NL) chart published in the July 14th issue of the ShadowTraderPro Swing Trader.

We noted our observation from the July 14th issue where NH-NL had made a higher-low over a 2-3 day period and how this has been a reliable bottoming signal in the past.

Fast forward to the news driven market drop on 07/17 and we see NH-NL did not drop below the previously noted higher lows (magenta arrow, HL) and has shot straight up since. This is a sign of higher stock prices to come and should be added to market narratives going forward.

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 Average17113.54+61.81+0.36%
S&P 500 Index1983.53+9.90+0.50%
Nasdaq Composite4456.01+31.31+0.71%
Nasdaq 1003961.62+27.48+0.70%
Russell 20001156.15+9.49+0.83%
Spot Gold1306.93-5.30-0.40%
Crude Oil102.09-2.57-2.46%
NYSE Overall Volume2,863,404Kn/a+10.20%
Nasdaq Overall Volume1,688,297Kn/a+8.86%
NYSE Breadth2.33 : 1positive
Nasdaq Breadth1.82 : 1positive
NYSE Breadth Ratio69.99
Nasdaq Breadth Ratio64.54
NYSE Advancers/Decliners1140
Nasdaq Advancers/Decliners928
NYSE Trin0.94
Nasdaq Trin1.15
$VIX12.24-0.57
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 1979.00 3957.50
Point of Control 1978.50 3955.00
Value Area Low 1975.50 3949.50
R3 1985.833976.50
R2 1983.173968.00
R1 1979.083959.25
Pivot 1976.423950.75
S1 1972.333942.00
S2 1969.673933.50
S3 1965.583924.75


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.


Twenty one of twenty five ShadowTrader Sectors closed higher on Tuesday. The four sectors that closed lower were UTY, $DJSINS, $DJUSCL, and GOX. No individual 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 - 07/23/2014

10:30 am EST - EIA Petroleum Status Report
Reporting earnings today: ABB, APD, AVB, BA, BEAV, BIIB, CA, CAKE, CCI, CHKP, CLGX, CRUS, CTXS, DAL, DOW, EMC, ETFC, FB, FCX, FFIV, FLS, FSL, FTNT, GD, GILD, GRA, HBI, ILMN, KNX, LAD, LHO, MAC, MDCO, NOC, NSC, NXPI, OC, OCR, OHI, OII, ORLY, PEP, PTC, PX, QCOM, R, RE, RES, SEIC, SLG, SPG, T, TEL, TEX, TMK, TMO, TRIP, TSCO, VAR, WFT, WHR


Thursday - 07/24/2014

08:30 am EST - Jobless Claims
09:45 am EST - PMI Manufacturing Index Flash
10:00 am EST - New Home Sales
Reporting earnings today: AAL, ABC, ALGN, ALK, ALSN, ALTR, ALXN, AMZN, AWAY, BAS, BC, BIDU, BMS, BMY, BPOP, CAB, CAM, CAT, CB, CBI, CCE, CELG, CERN, CLI, CMS, COG, CRI, DAN, DECK, DGX, DHI, DNKN, DO, DPS, EQT, FAF, FET, FLIR, GM, GNTX, HOT, HSY, IMAX, INFA, JAH, KKR, KLAC, LAZ, LEG, LLY, LUV, MKTO, MLNX, MMM, MSCC, MTH, MXIM, NBL, NDAQ, NUE, O, OLN, P, PCP, PEB, PFG, PNK, POT, PTEN, QLIK, RGA, RGC, RS, RSG, RTN, SBAC, SBUX, SWFT, TCK, TPX, TROW, UA, UFS, UHS, UNP, USG, V, VR, VRSN, WOOF, WRI, WYN, ZMH


Friday - 07/25/14

08:30 am EST - Durable Goods Orders
Reporting earnings today: AAN, AEP, AON, AVY, COV, DTE, LPNT, LYB, MCO, NS, OFC, STO, SWK, TYC, XRS



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 07/21/14 - 07/25/14
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
SINAlong 22507/0946.57 n/a n/a 57.0044.40 open 49.072.5$563$10,478
  Nice follow through higher on solid volume
CLOSED POSITIONS - week of 07/21/14 - 07/25/14
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: 225 open shares (open capital committed doesn't include closed trades) $10,478

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 | 7/22/2014 10:56:34 PM | 0 Comments
ShadowTraderPro Swing Advisory - SINA Move stop

July 22, 2014
 
Company: Sina (SINA)
Action: Move stop
Price: n/a
Entry price: 46.57
Exit Price n/a
Shares: 225
Stop: 46.63
Target: 57.00

Trade Explanation: Sina had a strong day yesterday with an expansion of range to the upside.  As such we are now moving our stop up to ten cents below yesterday's low.  

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 | 7/22/2014 9:36:19 AM | 0 Comments
ShadowTraderPro Swing Trader 07.22.14
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. Monthly bar close at highs indicating more gains in June.

WEEKLY - Bullish. Hammer on this timeframe, could possibly be construed as hanging man due to not being at low end of range however with market balancing a lot and digesting liquidation breaks continually it is not at elevated levels either.

DAILY - Neutral. Market in balance with inside day.

Good morning traders. While the S&P 500 Index has maintained a trading range near all-time highs, the Russell 2000 Index (RUT) pulled back over 6.0% from recent highs. We often look to the RUT to help gauge investor risk appetite which is a required ingredient for a rising stock market.

Let's check in with the progress of RUT since the recent pullback on the chart below.

A Fibonacci retracement study drawn from the low to high of the recent leg higher produces a 61.8% retracement level from which RUT bounced on Friday. Although the index closed lower yesterday, it did hold the upper level of Friday's price range.

We'll be watching to see if RUT can retake the 50.0% retracement level in the short term and how it handles the 38.2% level on a follow through higher which will be a key indication for returning confidence (or not) in stocks.

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 Average17051.73-48.45-0.28%
S&P 500 Index1973.63-4.59-0.23%
Nasdaq Composite4424.70-7.44-0.17%
Nasdaq 1003934.13-5.75-0.15%
Russell 20001146.66-4.95-0.43%
Spot Gold1312.23+1.35+0.10%
Crude Oil104.66+1.53+1.48%
NYSE Overall Volume2,598,352Kn/a-15.73%
Nasdaq Overall Volume1,550,889Kn/a-13.8%
NYSE Breadth1.55 : 1negative
Nasdaq Breadth1.08 : 1negative
NYSE Breadth Ratio39.29
Nasdaq Breadth Ratio48.13
NYSE Advancers/Decliners-799
Nasdaq Advancers/Decliners-623
NYSE Trin0.90
Nasdaq Trin0.66
$VIX12.810.75
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 1968.75 3927.50
Point of Control 1963.75 3920.50
Value Area Low 1962.75 3912.00
R3 1982.173961.25
R2 1976.083947.75
R1 1971.173936.75
Pivot 1965.083923.25
S1 1960.173912.25
S2 1954.083898.75
S3 1949.173887.75


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.


Nineteen ShadowTrader Sectors closed lower on Monday while six ended higher. No individual 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 - 07/22/14

08:30 am EST - Consumer Price Index
10:00 am EST - Existing Home Sales
Reporting earnings today: AAPL, ACC, ACE, AMTD, AOS, ARMH, ATI, BRCM, CBST, CIT, CMCSA, CNC, COL, CVA, DD, DFS, DPZ, EA, EDU, EXP, FTI, GCI, HOG, IR, IRBT, JNPR, KMB, KO, LLTC, LMT, LPT, LXK, MCD, MJN, MO, MSFT, NBR, OMC, PII, PLD, RHI, SBNY, SNV, STT, TRV, TSS, UIS, UTX, VMW, VZ, WAT, XLNX


Wednesday - 07/23/2014

10:30 am EST - EIA Petroleum Status Report
Reporting earnings today: ABB, APD, BA, BEAV, BIIB, CA, CAKE, CCI, CHKP, CRUS, CTXS, DAL, DOW, EMC, ETFC, FB, FCX, FFIV, FLS, FSL, FTNT, GD, GILD, ILMN, KNX, LHO, NOC, NSC, NXPI, OC, OCR, OHI, OII, ORLY, PEP, PTC, PX, QCOM, RES, SLG, SPG, T, TEL, TEX, TMK, TMO, TRIP, TSCO, WFT, WHR


Thursday - 07/24/2014

08:30 am EST - Jobless Claims
09:45 am EST - PMI Manufacturing Index Flash
10:00 am EST - New Home Sales
Reporting earnings today: AAL, ABC, ALGN, ALK, ALSN, ALTR, ALXN, AMZN, AWAY, BAS, BC, BCR, BIDU, BMS, BMY, BPOP, CAB, CAM, CAT, CB, CBI, CCE, CELG, CERN, CLI, CMS, COG, CRI, DAN, DGX, DHI, DNKN, DO, DPS, EQT, FLIR, GM, GNTX, HOT, HSY, IM, IMAX, IMS, INFA, JAH, KKR, KLAC, LEG, LLY, LUV, MLNX, MMM, MTH, MXIM, NBL, NDAQ, NUE, O, P, PFG, PNK, POT, PTEN, QLIK, RGC, RS, RTN, SBAC, SBUX, SIAL, SWFT, TCK, TPX, TROW, UA, UFS, UNP, USG, V, VRSN, WOOF, WRI, WYN, ZMH



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
PNC 84.27 83.06 Please see the ShadowTrader Weekend Update

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 07/21/14 - 07/25/14
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
SINAlong 22507/0946.57 n/a n/a 57.0044.40 open 47.981.41$317$10,478
  Showed strong relative strength to the broad market on Monday
CLOSED POSITIONS - week of 07/21/14 - 07/25/14
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: 225 open shares (open capital committed doesn't include closed trades) $10,478

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 | 7/21/2014 9:49:29 PM | 0 Comments
ShadowTraderPro Swing Trader 07.21.14
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. Monthly bar close at highs indicating more gains in June.

WEEKLY - Bullish. Hammer on this timeframe, could possibly be construed as hanging man due to not being at low end of range however with market balancing a lot and digesting liquidation breaks continually it is not at elevated levels either.

DAILY - Bullish, "candles lining up, same size bodies". Always assume bias is in direction of second candle.

Good morning traders. As Peter mentioned in the ShadowTrader Video Weekly, this week's earnings schedule is stacked, which limits the number of stocks available for swing trade consideration.

However, Jabil Circuit, Inc. (JBL) reported earnings in June, so the long setup illustrated below could be in play without interruption by any scheduled announcements.

After a nice run higher in June, JBL has paused over the past two weeks, forming a bull flag in the process. On Friday, the stock moved up and closed just under the descending trendline.

A breakout from this short term pattern will trigger an entry at 20.95 with an ultimate price target of 24.00. A protective stop is located at 20.29, which is just under Friday's low. Together, these price levels provide a reward to risk ratio of 4.54 to 1.00.

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 Average17100.18+123.37+0.73%
S&P 500 Index1978.22+20.10+1.03%
Nasdaq Composite4432.14+68.69+1.57%
Nasdaq 1003939.89+61.88+1.60%
Russell 20001151.60+18.00+1.59%
Spot Gold1310.88-13.02-0.98%
Crude Oil103.13-0.75-0.72%
NYSE Overall Volume3,083,271Kn/a-8.09%
Nasdaq Overall Volume1,799,191Kn/a-11.78%
NYSE Breadth4.73 : 1positive
Nasdaq Breadth8.31 : 1positive
NYSE Breadth Ratio82.55
Nasdaq Breadth Ratio89.25
NYSE Advancers/Decliners1970
Nasdaq Advancers/Decliners1507
NYSE Trin0.98
Nasdaq Trin0.45
$VIX12.06-2.48
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 19774.25 3935.75
Point of Control 1971.25 3931.50
Value Area Low 1960.75 3898.25
R3 1995.083996.42
R2 1984.673966.08
R1 1978.083948.17
Pivot 1967.673917.83
S1 1961.083899.92
S2 1950.673869.58
S3 1944.083851.67


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.


Twenty four of twenty five ShadowTrader Sectors closed higher on Friday. The only sector to close lower was GOX. No individual 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 - 07/21/2014

No economic data scheduled for release
Reporting earnings today: ABBV, ALKS, AMX, BBT, BRO, CBG, CCK, CNI, DRC, ECA, EXPE, GNC, GPC, HAL, HAS, HITT, HLX, HXL, ITC, ITMN, LL, LO, MAN, NFLX, PKG, POL, RCII, RCL, SANM, SCCO, SCI, SIX, SKX, STI, THRX, TKR, TWTR, TXN, UAL, UTHR, VTR, ZION


Tuesday - 07/22/14

08:30 am EST - Consumer Price Index
10:00 am EST - Existing Home Sales
Reporting earnings today: AAPL, ACE, AMTD, AOS, ARMH, ATI, BRCM, CATY, CBST, CIT, CMCSA, CNC, COL, CVA, DD, DFS, EA, EDU, FTI, GCI, HOG, IR, IRBT, ISRG, JNPR, KMB, KO, LLTC, LMT, LPT, LXK, MCD, MJN, MO, MSFT, NBR, OMC, PII, PLD, RHI, SNV, STT, TRV, TSS, UIS, UTX, VMW, VZ, WAT, XLNX


Wednesday - 07/23/2014

10:30 am EST - EIA Petroleum Status Report
Reporting earnings today: ABB, AHL, APD, APH, AVB, BA, BEAV, BIIB, CA, CAKE, CCI, CHKP, CRUS, CTXS, DAL, DOW, EFX, EMC, ETFC, FB, FCX, FFIV, FSL, FTNT, GD, GGG, GILD, GRA, HBI, ILMN, LHO, MAC, MDCO, NOC, NSC, NSR, NXPI, OC, OCR, OHI, OII, ORLY, PEP, PTC, PX, QCOM, RES, SEIC, SPG, T, TEL, TEX, TMO, TRIP, TSCO, WFT, WHR



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
PNC 84.27 83.06 Please see the ShadowTrader Weekend Update
JBL 20.95 20.29 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 07/21/14 - 07/25/14
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
SINAlong 22507/0946.57 n/a n/a 57.0044.40 open 46.750.18$41$10,478
  Holding above pullback lows
CLOSED POSITIONS - week of 07/14/14 - 07/18/14
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
TSLAlong 5007/11218.8007/15223.2242218.8closed n/a4.4$220$10,940
  Took profit on 1/3 position @ 227.59, trailing stop at breakeven hit on remaining 50 shares
VEEVlong 22507/1124.0607/1523.7729.0022.80closed n/a(0.29)($65)$5,414
  Exited trade on high volume pullback
SSYSlong 10007/10104.8307/15103.81128.5099.00closed n/a(1.02)($102)$10,483
  Trailing stop hit
FSLRlong 20007/1063.0207/1762.2172.0060.44closed n/a(0.81)($162)$12,604
  Cut trade on failure to follow through off reversal
TOTALS: 225 open shares (open capital committed doesn't include closed trades) $10,478

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 | 7/20/2014 6:41:14 PM | 0 Comments
ShadowTraderPro Swing Trader 07.18.14
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. Monthly bar close at highs indicating more gains in June.

WEEKLY - Neutral to Bearish. Weekly bar broke prior week's low but did not close below.

DAILY - Bearish. Large body candle to downside which could have more follow through, however it should be noted that that value was overlapping to down yesterday and we believe sellers are a bit short in the hole as the selling yesterday was news driven and of a panic nature.

Good morning traders. If the S&P 500 Index is going to continue its overall trend higher, NYSE advancers-decliners better get bullish within the next day or two. Otherwise, based on the chart below, caution should be exercised to the long side in the stock market.

The orange lines on the chart illustrate that through the entire move higher this year, the NYSE AD Line (red) did not make a lower-low(LL). Yesterday however, the AD line did make a lower-low by a slight margin. Continuation lower by the AD Line would be a sign that the broad market's trend is changing.

We have highlighted one other indication on the chart above. The green arrows point to a very recent three day period when the S&P 500 Index (SPX) closed with a higher-high. In contrast, the AD Line made a lower-low (blue arrows) over that same period which is further indication of potential bearishness going forward.

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 Average16976.81-161.39-0.94%
S&P 500 Index1958.12-23.45-1.18%
Nasdaq Composite4363.44-62.52-1.41%
Nasdaq 1003878.00-54.32-1.38%
Russell 20001133.60-17.94-1.56%
Spot Gold1323.90+24.94+1.92%
Crude Oil103.88+2.45+2.42%
NYSE Overall Volume3,354,613Kn/a-0.31%
Nasdaq Overall Volume2,039,458Kn/a-0.05%
NYSE Breadth5.82 : 1negative
Nasdaq Breadth4.64 : 1negative
NYSE Breadth Ratio14.67
Nasdaq Breadth Ratio17.73
NYSE Advancers/Decliners-1930
Nasdaq Advancers/Decliners-1608
NYSE Trin1.32
Nasdaq Trin1.11
$VIX14.543.54
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 1975.00 3927.00
Point of Control 1966.50 3918.50
Value Area Low 1960.00 3888.00
R3 1997.003984.17
R2 1986.503955.83
R1 1970.003915.92
Pivot 1959.503887.58
S1 1943.003847.67
S2 1932.503819.33
S3 1916.003779.42


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 four of twenty five ShadowTrader Sectors closed lower on Thursday. No individual 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 - 07/18/2014

09:55 am EST - Consumer Sentiment
Reporting earnings today: BK, GE,   HON,   JCI,   KSU,   LH, VFC


Monday - 07/21/2014

No economic data scheduled for release
Reporting earnings today: ABBV, ALKS, AMX, BBT,   CBG, CCK, CNI,   DRC, ECA,   ETH, EXPE, GNC, HAL,   HAS, HITT, ITC, ITMN, LII, LL, LO, NFLX,   PKG, POL, RCII, RCL, SCCO,   SCI, SIX, SKX, STI,   THRX, TKR, TRP, TWTR, TXN, UAL,   UTHR, VTR, ZION  


Tuesday - 07/22/14

08:30 am EST - Consumer Price Index
10:00 am EST - Existing Home Sales
Reporting earnings today: AAPL,   ACE, AMTD, AOS, ARMH, ATI,   BRCM, CATY, CBST, CIT,   CMCSA, CNC, COL, CVA,   DD,   DFS, EA, EDU, EXP, FTI, GCI, HOG, IR,   IRBT, ISRG, JNPR, KMB, KO, LLTC, LMT,   LPT, LXK, MCD, MJN, MO, MSFT,   NBR,   OMC, PII, PLD, SBNY, SNV, STT, TRV, TSS, UTX,   VMW, VZ, WAT, XLNX, XOOM



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 07/14/14 - 07/18/14
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
SINAlong 22507/0946.57 n/a n/a 57.0044.40 open 46.55(0.02)($5)$10,478
  Showed relative strength on broad market sell off
CLOSED POSITIONS - week of 07/14/14 - 07/18/14
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
TSLAlong 5007/11218.8007/15223.2242218.8closed n/a4.4$220$10,940
  Took profit on 1/3 position @ 227.59, trailing stop at breakeven hit on remaining 50 shares
VEEVlong 22507/1124.0607/1523.7729.0022.80closed n/a(0.29)($65)$5,414
  Exited trade on high volume pullback
SSYSlong 10007/10104.8307/15103.81128.5099.00closed n/a(1.02)($102)$10,483
  Trailing stop hit
FSLRlong 20007/1063.0207/1762.2172.0060.44closed n/a(0.81)($162)$12,604
  Cut trade on failure to follow through off reversal
TOTALS: 225 open shares (open capital committed doesn't include closed trades) $10,478

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 | 7/17/2014 8:39:00 PM | 0 Comments
ShadowTraderPro Swing Trader Advisory - FSLR Sell the Stock
July 17, 2014
 
Company: First Solar, Inc. - (FSLR)
Action: Sell the Stock
Entry Price: 63.02
Shares: 200
Price 62.21
Stop: 60.44
Target: 72.00
 
Trade Explanation: We have sold our position in FSLR with a move back to the upside failing to materialize.
 
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 | 7/17/2014 1:59:28 PM | 0 Comments
ShadowTraderPro Swing Trader 07.16.14
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. Monthly bar close at highs indicating more gains in June.

WEEKLY - Neutral to Bearish. Weekly bar broke prior week's low but did not close below.

DAILY - Bullish. Value establishing higher as Dow made new all time highs and S&P paused just shy of a new record.

Good morning traders. Financial Engines, Inc. (FNGN) is a long trade candidate that could trigger an entry in today's session. Please observe the chart below.

FNGN has thoroughly tested prior lows over the past five days with bears failing to drive price lower. A three week decline in the stock has probably attracted short sellers to the party on the way down. Now these bears are vulnerable to a reversal back higher

Yesterday, the stock closed on the highs with above average volume. A move over yesterday's high will trigger our long entry at 38.19 with a first target being the 50.0% retracement level of the most recent leg down.

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 Average17138.2+77.52+0.45%
S&P 500 Index1981.57+8.29+0.42%
Nasdaq Composite4425.96+9.58+0.22%
Nasdaq 1003932.33+17.87+0.46%
Russell 20001151.55-2.25-0.20%
Spot Gold1298.96+2.44+0.19%
Crude Oil101.43+1.26+1.26%
NYSE Overall Volume3,365,067Kn/a+2.27%
Nasdaq Overall Volume2,040,421Kn/a+18.49%
NYSE Breadth1.8 : 1positive
Nasdaq Breadth1.1 : 1negative
NYSE Breadth Ratio64.25
Nasdaq Breadth Ratio47.55
NYSE Advancers/Decliners320
Nasdaq Advancers/Decliners-433
NYSE Trin0.69
Nasdaq Trin0.79
$VIX11.00-0.96
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 1976.25 3937.50
Point of Control 1975.25 3933.00
Value Area Low 1972.75 3928.00
R3 1987.503957.00
R2 1982.753949.00
R1 1978.753935.75
Pivot 1974.003927.75
S1 1970.003914.50
S2 1965.253906.50
S3 1961.253893.25


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 Wednesday while nine ended lower. No individual 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 - 07/17/14

08:30 am EST - Housing Starts
08:30 am EST - Jobless Claims
10:00 am EST - Philadelphia Fed Survey
Reporting earnings today: ADS, AN, ATHN, BAX, BHI, BX, CE, COF, CP, DHR, DOV, FITB, GOOGL, GWW, HLSS, IBM, MAT, MS, MTB, NVS, ORB, PM, PPG, SAP, SHW, SLB, SON, STX, SWKS, SYK, UNH, WBS


Friday - 07/18/2014

09:55 am EST - Consumer Sentiment
Reporting earnings today: BK, GE, HON, JCI, KSU, LH, VFC


Monday - 07/21/2014

No economic data scheduled for release
Reporting earnings today: ABBV, ALKS, AMX, BBT, BRO, CBG, CCK, CLI, CMS, CNI, DRC, ECA, EXPE, GD, GNC, GPC, HAL, HAS, HITT, HLX, HXL, ITC, ITMN, LL, LO, MAN, NFLX, PACW, PKG, PNR, RCII, RCL, RHI, SANM, SCCO, SCI, SKX, STI, TKR, TRP, TWTR, TXN, UAL, UTHR, VTR, WCN, WWD, 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
CREE 49.90 48.05 Please see Tuesday's Swing TraderPro Swing Trader
FNGN 38.19 36.37 Please see today's Looking Ahead section
DAR 19.00 18.00 Please see the ShadowTrader Weekend Update
ROSE 53.53 50.53 Entry on move over short term descending trendline from 07/01

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 07/14/14 - 07/18/14
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
SINAlong 22507/0946.57 n/a n/a 57.0044.40 open 46.770.2$45$10,478
  Bears unable to make much headway lower in the stock on Wednesday
FSLRlong 20007/1063.02 n/a n/a 72.0060.44 open 63.460.44$88$12,604
  Fifth consecutive close within a 2.50 point trading range
CLOSED POSITIONS - week of 07/14/14 - 07/18/14
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
TSLAlong 5007/11218.8007/15223.2242218.8closed n/a4.4$220$10,940
  Took profit on 1/3 position @ 227.59, trailing stop at breakeven hit on remaining 50 shares
VEEVlong 22507/1124.0607/1523.7729.0022.80closed n/a(0.29)($65)$5,414
  Exited trade on high volume pullback
SSYSlong 10007/10104.8307/15103.81128.5099.00closed n/a(1.02)($102)$10,483
  Trailing stop hit
TOTALS: 425 open shares (open capital committed doesn't include closed trades) $23,082

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 | 7/16/2014 9:02:44 PM | 0 Comments
ShadowTraderPro Swing Trader Advisory - SSYS Trailing stop hit

July 16, 2014
 
Company: Stratasys LTD. - (SSYS)
Action: Trailing stop hit
Entry Price: 104.83
Shares: 100
Exit Price 103.81
Stop: 103.81
Target: n/a
 
Trade Explanation: SSYS sold off and hit our trailing stop.  We are out for a small loss and now flat the stock.


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 | 7/16/2014 11:52:45 AM | 0 Comments
ShadowTraderPro Swing Advisory - SSYS Move stop

July 16, 2014
 
Company: Stratasys LTD. - (SSYS)
Action: Move stop
Entry Price: 104.83
Shares: 100
Exit Price n/a
Stop: 103.81
Target: n/a
 
Trade Explanation: We are moving our stop in SSYS up very tight now as the stock is not following through at all with broad market strength.


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 | 7/16/2014 10:27:26 AM | 0 Comments
ShadowTraderPro Swing Trader 07.16.14
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. Monthly bar close at highs indicating more gains in June.

WEEKLY - Neutral to Bearish. Weekly bar broke prior week's low but did not close below.

DAILY - Bullish. 20ma daily held to the tic yesterday on an early liquidation break.

Good morning traders. Please observe the chart below.

Brad and Peter often refer to the twenty day moving average (20ma) as a key support level for both stocks and the major indices.

Yesterday, the 20ma held up once again as the S&P 500 Index (SPY) reversed direction inside of one minute after touching the green line.

With Monday's gap now filled, we're looking for SPY to trade its way up to the top of the ascending channel (red lines). If the index accomplishes this by the end of this week, SPY will reach 199.20-199.60 (blue oval).

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 Average17060.68+5.26+0.03%
S&P 500 Index1973.28-3.82-0.19%
Nasdaq Composite4416.38-24.03-0.54%
Nasdaq 1003914.45-15.00-0.38%
Russell 20001153.81-11.81-1.01%
Spot Gold1296.52-10.18-0.78%
Crude Oil100.17-0.82-0.81%
NYSE Overall Volume3,290,312Kn/a-4.30%
Nasdaq Overall Volume1,721,997Kn/a-21.98%
NYSE Breadth1.48 : 1negative
Nasdaq Breadth1.82 : 1negative
NYSE Breadth Ratio40.25
Nasdaq Breadth Ratio35.43
NYSE Advancers/Decliners-947
Nasdaq Advancers/Decliners-1156
NYSE Trin0.78
Nasdaq Trin0.70
$VIX11.960.14
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 1970.75 3917.50
Point of Control 1967.75 3910.00
Value Area Low 1963.25 3896.50
R3 1994.083990.83
R2 1985.173962.17
R1 1976.583937.33
Pivot 1967.673908.67
S1 1959.083883.83
S2 1950.173855.17
S3 1941.583830.33


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.


Eight ShadowTrader Sectors closed higher on Tuesday while seventeen ended lower. No individual 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 - 07/16/2014

08:30 am EST - PPI-FD
09:15 am EST - Industrial Production
10:00 am EST - Housing Market Index
10:00 am EST - Janet Yellen Speaks
10:30 am EST - EIA Petroleum Status Report
02:00 pm EST - Beige Book
Reporting earnings today: ABT, ASML, BLK, EBAY, EWBC, FRC, KMI, KMP, LVS, NTRS, PNC, SNDK, STJ, TSM, TXT, URI, USB, YUM


Thursday - 07/17/14

08:30 am EST - Housing Starts
08:30 am EST - Jobless Claims
10:00 am EST - Philadelphia Fed Survey
Reporting earnings today: ADS, AN, ATHN, BAX, BHI, BX, CE, COF, CP, CPHD, DHR, DOV, FITB, GOOGL, GWW, HLSS, IBM, MAT, MS, MTB, NVS, PM, PPG, SAP, SHW, SLB, STX, SWKS, SYK, UNH


Friday - 07/18/2014

09:55 am EST - Consumer Sentiment
Reporting earnings today: BK, GE, HON, JCI, KSU, LH, VFC



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
CREE 49.90 48.0548.05 Please see Tuesday's Swing TraderPro Swing Trader
DAR 19.00 18.00 Please see the ShadowTrader Weekend Update

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.


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OPEN POSITIONS - week of 07/14/14 - 07/18/14
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
SINAlong 22507/0946.57 n/a n/a 57.0044.40 open 46.790.22$50$10,478
  Bears unable to make much headway lower in the stock on Tuesday
FSLRlong 20007/1063.02 n/a n/a 72.0060.44 open 62.95(0.07)($14)$12,604
  Fourth consecutive close within a 2.50 point trading range
SSYSlong 10007/10104.83 n/a n/a 128.5099.00 open 104.04(0.79)($79)$10,483
  Holding price above the 61.8% Fib retracement level from 05/09 low to high on 07/01
CLOSED POSITIONS - week of 07/14/14 - 07/18/14
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
TSLAlong 5007/11218.8007/15223.2242218.8closed n/a4.4$220$10,940
  Took profit on 1/3 position @ 227.59, trailing stop at breakeven hit on remaining 50 shares
VEEVlong 22507/1124.0607/1523.7729.0022.80closed n/a(0.29)($65)$5,414
  Exited trade on high volume pullback
TOTALS: 525 open shares (open capital committed doesn't include closed trades) $33,565

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

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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 | 7/15/2014 9:52:29 PM | 0 Comments