***MAGIC SWING SETUPS*** for the week of December 23 - 27, 2013 --> $SPY $QQQ $ADSK $CSIQ $RICK $FNMA $OMED $PLUG ***UPDATE***

Welcome back and Merry Christmas everyone. Been busy trading currencies lately and spending time off with the family. Been shopping and going out with friends and spending money! So now I wanted to come on here before Christmas and share with you a few things that I'm looking at going forward.

Remember the key is to time the markets GREEN and RED zones with the GREEN and RED zones from the setups. If they are both entering their same colored zones at the same time then the probability of the setup working out is highest. Otherwise, market needs to be trending upwards to take entry of setups in the GREEN zones.
SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones

$SPY - MARKET OUTLOOK as of December 20th 2013

Take a look at this beauty. While everyone was freaking out about the market heading downwards, if you just looked at the market outlook I posted last time on this blog, you would have seen I outlined two GREEN BUY zones the market bounced from. The last bounce has propelled the market up again. Going forward there is nothing to stop the market from heading higher so that is what I am planning on.

$SPY - Market turn predecited 100%

$QQQ - The only thing we have to be watchful of is the Nasdaq as it has some major supply that we will be heading into. When the market heads into this supply it will likely drag the other markets down with it, so take note of the RED ZONE. Take a look at what happened last time the market went into the red supply zone below.

$QQQ - SUPPLY zone up ahead

$ADSK -  OPTIONS ACTIVATED ==> April 14 50 PUT
==>This one is about to drop hard core. So I am taking advantage of the drop by buying puts. Take a look at the chart for instructions.

$ADSK - BEARISH

$ADSK UPDATE ==> Options are up 10% so far

$ADSK OPTION up 10%

$CSIQ - I like this one long again. Seems solars are getting another wind.

$CSIQ - BULLISH

$CSIQ UPDATE ==> 22% WINNER

$CSIQ ==> WINNER

$RICK - Nothing like a little strip joint into the holiday season! lol

$RICK - BULLISH

$FNMA - I like this setup a lot. Perfect entry point for a ride long.

$FNMA - BULLISH

$FNMA UPDATE ===> 14% WINNER

$FNMA ==> WINNER

$OMED - This one will take some time for price to get down to the BUY zone but I think it will be worth the wait on this one.

$OMED - BULLISH

$OMED UPDATE ==> 32% WINNER

$OMED ==> WINNER

$PLUG - ACTIVATED ==> Long at 1.69
==>I've been waiting for this one to come down to the BUY zone for a few days now. So now, I will share this setup with you!

$PLUG - BULLISH

$PLUG UPDATE ==> 67% WINNER

$PLUG ==> WINNER

$PLUG UPDATE ==> 192% WINNER

$PLUG WINNER

***MAGIC SWING SETUPS*** for the week of November 25 - 29 --> $SPY $LGF $LIOX $BPOP $ROX $HSOL $DYAX $NNVC

What a week we had, and a major turn around for the $SPY. So of course I'm looking to go long with some positions for next week. The institutions turned this trend around as we had a downtrend that turned dramatically into an uptrend. We are in uncharted territory now so it will be hard to judge how high we go from here. All this you already know, so lets just get to the setups!

Remember the key is to time the markets GREEN and RED zones with the GREEN and RED zones from the setups. If they are both entering their same colored zones at the same time then the probability of the setup working out is highest. Otherwise, market needs to be trending upwards to take entry of setups in the GREEN zones.
SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones

$SPY - MARKET OUTLOOK as of November 22, 2013

$SPY --> MARKET OUTLOOK

$LGF - Lions Gate starting to uptrend and I'm liking it up to the targets I have outlined. It could possibly pass through the targets and head higher but I'm playing it safe with my two targets.

$LGF --> LONG SETUP

$LIOX - Been watching this one for a while now and I think it still has legs to go higher. Waiting for a drop to the GREEN zone to take entry and target is above.

$LIOX --> LONG SETUP

$BPOP - Slowly creepin up, needs to pass through the $29 area and if so, clear skies to $30.89 area.

$BPOP --> LONG SETUP

$ROX - Took entry of this already as I've been watching it for a while now, sorry for not posting it earlier but I wanted to share this one with you as you might find your own entry on it and enjoy the juicy ride up to my two targets. Heavily invested by a major player, so this thing wants up. This one is my little secret. ;)

$ROX --> LONG SETUP

$HSOL - I really like this one long, Solars getting momentum again and this ride looks perfect.

$HSOL ==> LONG SETUP

SHORTIES

$DYAX - been watching $DYAX for a while now and I think it's showing signs of breaking down. If market turns red again, I'll be looking to sell this one short.

$DYAX --> SHORT SETUP

$NNVC - This one is breaking down hard, in an up market. For that reason, I'm looking for a small rally to the RED zone where I will short it to the targets.

$NNVC --> SHORT SETUP

***MAGIC SWING SETUPS*** for the week of November 18 - 22 --> $SPY $WLT $RMBS $SGY $RSOL $GLUU **UPDATE**

Welcome everyone, I had to switch over from Blog.com to Blogger since blog.com was too unreliable and I know that many of you look forward to seeing my trade setups and many of you take my setups as well. If your new, you can check out my previous entries and results here www.magictrader.blog.com

SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones

So, lets get things started with a look at the $SPY and possible buying areas.

$SPY - MARKET OUTLOOK as of November 19, 2013

$SPY --> NOVEMBER 19, 2013

PORTFOLIO OUTLOOK

$RMBS about to hit target 1 and $GLUU has hit target 1 and 2, now heading to target 3. $WLT was a failure and a mistake in direction, big time. Learned from this one.


$WLT --> 2 possible areas to buy this stock. One at 16.47 and the other at 16.01, I prefer the 16.01 but if price doesn't get down there then I would be happy playing the break out above 16.47, once price goes below that level.

$WLT --> LONG SETUP

$WLT - UPDATE

Trade activated, Long at 16.01.

$WLT - November 19 --> Long @ 16.01

$RMBS

$RMBS --> LONG SETUP

$RMBS - UPDATE

Trade activated, Long at 8.37.

$RMBS UPDATE November 20, Stop Hit

$RMBS stop hit @ 8.25

$RMBS UPDATE November 22 - Target 1 in sight

$SGY - This is a mid cap but I like the trend and the setup as well. It may not get down to my buy zone but if it does, this is the trade I'll take. 

$SGY --> LONG SETUP

*** $SGY December 22 UPDATE*** 11% winner so far

$SGY  ==> 11% Winner

$RSOL --> this little baby has done well for me in the past and now it's retracing into a really nice area of demand. There are two areas to buy from and I'm deciding to buy from the first green zone mapped out below. 

$RSOL --> LONG SETUP

$RSOL - UPDATE

Trade activated, Long at 2.83 with new targets.

$RSOL - NOVEMBER 18 UPDATE --> TRADE ACTIVATED @ 2.83

$RSOL - November 19 UPDATE

Stop hit

$RSOL - Stop Hit @ 2.66

$GLUU --> this one has a lot of potential. Has made a small run already but is now retracing into a great area of demand where it will recharge for a strong move up.

$GLUU --> LONG SETUP

$GLUU - UPDATE

Trade activated, Stop hit at 3.26

$GLUU November 18 UPDATE --> STOP HIT

$GLUU UPDATE - Target 1 & 2 hit