The problem for them though, is that they have become so 'gun-shy' that any kind of weakness they will cover their positions, especially if there isn't a huge catalyst driving the markets lower, simply because they are afraid of being caught in the squeeze that has happened relentlessly now for over the past four years.
Nonetheless, I've put together another installment of my "lazy trades" - trades so easy to take that even a ... you know what, I'm not going there.
You get the point!
Here's today's Lazy Swing Trades:
LONG: Calloway Gold (ELY):
Short: Sohu.com (SOHU):
Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>
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