Buy This Dip – Bullish Specs Will Get Flushed Out Today – Jobs Are Fine POSTED BY PETE STOLCERS ON OCTOBER 6 Posted 9:30 AM ET – Yesterday the market broke out to a new all-time high and tech stocks participate. The QQQ broke through horizontal resistance and we should see a rotation back into this sector ahead of earnings … Read More

1-Day Market Drop Likely Next Week – Good Time To Roll Your Calls POSTED BY PETE STOLCERS ON OCTOBER 5 Posted 9:30 AM ET – The market is floating higher on low volume. Daily trading ranges are compressed while we wait for a catalyst. Earnings season begins next week and that should attract buyers. ADP was a little light yesterday … Read More

Market Momentum Points Higher – Good Econ Data Will Help POSTED BY PETE STOLCERS ON OCTOBER 3 Posted 9:30 AM ET – The S&P 500 and Russell 2000 continue to march higher. Tech stocks are relatively soft and we can expect the bid to strengthen as earnings season approaches. Economic reports should be market friendly and I’m expecting this rally … Read More

Market Breakout – Ride the Calls You Bought Last Week – More Upside POSTED BY PETE STOLCERS ON OCTOBER 2 Posted 9:00 AM ET – Last Friday the market broke out to a new all-time high. Good economic news over the weekend is overshadowing the horrific shooting in Las Vegas. Stocks are poised to move higher ahead of earnings season. … Read More

Market Ready To Run – We Bought Calls Yesterday – Ride Them POSTED BY PETE STOLCERS ON SEPTEMBER 27  Posted 9:30 AM – The market continues to look for a catalyst and earnings season will provide the fuel we need to breakout. Tech stocks have pulled back and they have excellent upside. The QQQ bounced off of the 100-day MA … Read More

Buy Calls On Tech Stocks – Use This Level On QQQ As Your Stop POSTED BY PETE STOLCERS ON SEPTEMBER 26 Posted 9:30 AM ET – Yesterday the market probed for support and the SPY bounced before it challenged $248. Tech stocks have been weak relative to the S&P 500 and we are seeing a rotation out of this sector … Read More

The Tighter the Range the Bigger the Breakout – Use SPY $248 As A Guide POSTED BY PETE STOLCERS ON SEPTEMBER 25 Posted 9:30 AM ET – The market is trying to hold onto the breakout from two weeks ago. Stocks are trading in a tight range and the S&P 500 is waiting for a catalyst. As long as the … Read More

As Long As the Market Stays Above This Key Level I Am Bullish Posted 9:30 AM ET – The market is trapped in a range and it lacks a “driver”. Stocks were able to shoulder hawkish Fed statements this week and the breakout is holding. With each passing day the bid should strengthen. North Korea is flexing its muscle, but … Read More

Market Will Rally Next Week – Bid Will Grow After FOMC Statement POSTED BY PETE STOLCERS ON SEPTEMBER 19 Posted 9:30 AM ET – The market is range bound and the action will be very quiet until the FOMC statement tomorrow. Balance sheet reduction and a rate hike in December are priced in and the news is likely to be … Read More

FOMC Will Be A Non-Event – Stocks Will Grind Higher After the News POSTED BY PETE STOLCERS ON SEPTEMBER 18 Posted 9:00 AM ET – The market has been treading water near the all-time high. This Wednesday the FOMC will release its statement and we can expect a rate hike in December. The market breakout from last week should hold … Read More