Founder, The Contrarian Trader
Contributor's Links: The Contrarian Trader

My name is Robert Desmond, the founder and President of The Contrarian Trader Inc. I have a passion for trading stocks and equity options and an even bigger passion for educating fellow traders on how Wall Street works so that they can avoid those ... more

ALL CONTRIBUTIONS

Stock Market New Highs?
This week we discuss if the stock market will make new highs. We then segue over and into out Best Stock Charts for the coming week.
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Swing Trading Today - US Dollar Bull Trap?
Discussing the US Dollar and the possibility of a bull trap which is technically bearish for the US Dollar and perhaps bullish for gold and silver as well as other commodities. We also discuss the pre-market activity and Bank of America's earnings.
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Swing Trading Review
This week we discuss our profitable swing trades of NUGT and EDC. Both of these trades are volatile swing trades using leveraged ETF’s.
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Swing Trading Review: Roku
This week we review our profitable short sale of the shares of Roku. We also discuss new trades that appear to be high probability Extreme Oversold levels on RSI and on price
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Apple Cuts Guidance
Apple issued a Q1 2019 revenue warning last night and the share price has undercut the 2018 lows which is very bearish.
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FV 2019 Stock Market Forecast
All signs point to a bearish stock market with only precious metal names such as gold and silver related miners catching a bid.
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Comments

Latest Comments
Best Stock Charts - S&P 500 Technical Breakdown?
5 months ago

Hi great question. I have not done due diligence on $FRAN so I will answer with the assumption that there are no ongoing concern issues. That caveat being addressed I am bullish on the stock as an unsustainable extreme oversold trade. That does not mean that I love it first thing Monday. The probability of lower lows continuing is quite high. We are however nearing a point where a dead cat bounce should be expected. This is not an investment.

In this video: BBW, GS, LEE, NVAX, FRAN, TUES, SPY, COMP, SPX, ECC
Bitcoin And Ethereum Buy, Sell Or Hold?
1 year ago

Hi Alexis bubbles are usually known only in hindsight. For now anyway you are seeing a confirmation breakdown of the market leader which is Bitcoin. As panic begins to set in the others will follow. You will have your chance as far lower prices. Don't catch a falling knife here. The markets will send signals on the charts when it is time to buy.

In this video: BITCOMP, ETH-X
Bitcoin And Ethereum Buy, Sell Or Hold?
1 year ago

Peter it was late and didn't plan on doing a video but you make a fair comment. Thank you for the feedback

In this video: BITCOMP, ETH-X
1 to 3 of 3 comments

STOCKS I FOLLOW

ARR Armour Residential REIT Inc.
BITCOMP Bitcoin
CRM salesforce.com inc.
DHI D. R. Horton Inc.
DIA SPDR Dow Jones Industrial Average
ETH-X Ethereum
FIZZ National Beverage Corp.
FSLR First Solar, Inc.
FTAEX Fidelity Advisor Total International Equity Fund
HIVYX Hsbc Investor Value Fund Class Y
HNHPF HON HAI PREC INDS RE
INDZ Direxion Daily India Bear 3X Shares
IRBT iRobot Corporation
LIBB Liberty Bancorp
LMPLX Legg Mason Clearbridge Large Cap Growth Fd R
LMSMX Legg Mason Partners Smash Srs M
MBWVX Mfs West Virginia Municipal Bond Fund Class B
MCREF METALS CREEK RES
PHM PulteGroup Inc.
PNVAX Putnam International Capital Opportunities Cl A
PPT Putnam Premier Income Trust
PZZA Papa John'S International Inc.
QQQ PowerShares QQQ Trust Series 1
SIRZX Nrthrn lights FD TR Shs -A1- Sierra Core Retirement Fd
SNCAX Sanford C. Bernstein Fund Inc. - Ca Muni Pt
SPY SPDR S&P 500
TLSMF TALISMAN MINING LTD
TWMJF Canopy Growth Corporation
UNH UnitedHealth Group Inc.
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PERSONAL BLOG

Latest Posts
What Are The Best Stock Charts For The Coming Week
In this week's video, we'll be discussing the best stocks to trade for the coming week. Also, how to use TrendSpider charting software.
How To Profit In The Stock Market In An Inflationary Environment?
This week we discuss inflation as the cost of housing now surpasses wage growth. To take advantage of inflation risk we are positioning ourselves in gold mining stocks as well as gold.
Gold Membership Contest Announcement And Latest Stock Analysis
Today we cover GS, BHP, ATVI, CALM, FSLR, KBH, TWLO, SHOP, GOOGL, GLD, and USD.
Corrupt Liberalism’s Impact On The Stock Market
The market is rolling over and very weak as is the US Dollar, which is going lower but things look bullish for the gold miners.

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