My Swing Trading Approach
I expect to be conservative in my trading approach today, booking gains where it makes sense, and finishing out the year strong.
Indicators
VIX – Fell 2.8%, but still above 10. Look for a potential year-end close below 10.
T2108 (% of stocks trading below their 40-day moving average): Small bump yesterday of 1.5%, closing at 64%. Still indicating a lot of sideways price action.
Moving averages (SPX): Managed to rally at the end of the day, to hold on to the 5-day moving average.
RELATED: Patterns to Profits: An Intro Trading Course
Industries to Watch Today
Basic Materials remains the strongest sector right now, while Financials are starting to wake up. Utilities and Real Estate showing some life, while Technology continues to struggle.
My Market Sentiment
Emerging out of a bull flag pattern. Last day of the trading year tends to have some volatility in both directions and can even see above average volume.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 4 long positions
Recent Stock Trade Notables:
- Square (SQ): Long at $41.28, sold at 42.29 for a 2.2% profit.
- Twitter (TWTR): Long at 20.34, sold at 22.06 for an 8.5% profit.
- Micron (MU): Long at 45.61, sold at 47.91 for a 5.1% profit.
- TNA: Long at $61.00, sold at $64.08 for a 5.1% profit.
- Micron (MU) Long at $43.20, sold at $44.78 for a 3.7% profit.
- Alibaba (BABA): Long at $186.42, sold at 179.29 for a 3.8% loss.
- Paypal (PYPL): Long at $74.18, sold at $73.29 for a 1.2% loss.
- Square (SQ): Long at $36.00, sold at $37.35 for a 3.8% profit.
- Adobe (ADBE) : Long at $175.20, sold at $179.62 for a 2.5% profit.
- Alibaba (BABA): Long at $187.00, sold at 181.77 for a 2.8% loss.
- Paypal (PYPL): Long at $71.94, sold at $72.98 for a 1.5% profit.
- Lam Research (LRCX): Long at 210.41, sold at $205.20 for a 2.4% loss.
- Baidu (BIDU): Long at $242.80; sold at 248.29 for a 1% profit.
- Nvida (NVDA): Long at $195.17, sold at $204.88 for a 5% profit.
- Humana (HUM): Long at $248.73, sold at $261.20 for a 5% profit.
- Square (SQ): Long at $32.92, sold at $34.36 for a 4.4% profit.
- Nvida (NVDA): Long at $198.17, sold at $194.06 for a 2% loss.
- Lennar Homes (LEN): Long at $56.63, sold at $58.10 for a 2.6% profit.
- Lam Research (LRCX): Long at $185.23, sold at $192.24 for a 3.8% profit.
- Starbucks (SBUX): Long at $55.59, sold at $54.94 for a 1.1% loss.
- Illinois Tool Works (ITW): Long at $148.63, sold at $151.23 for a 1.8% profit.
- Nvdia (NVDA): Long at $180.18, sold at $187.38 for a 4% profit.
- Olin Corp (OLN): Long at $34.37, sold at $36.14 for a 5.2% profit.
- Lowe’s (LOW): Long at $77.97, sold at $81.52 for a 4.6% profit
- IBB: Long at $330.91, sold at $338.25 for a 2.2% profit.
- Seagate Technologies (STX): Long at $34.35, sold at $33.89 for a 1.3% loss.
- Wynn Resorts (WYNN): Long at $149.65, sold at $147.14 for a 1.7% loss.
- Imax Corp (IMAX): Long at $23.03, sold at 22.26 for a 3.3% loss.
- Marriott International (MAR): Long at $106.26, sold at $108.26 for a 1.9% profit.
- Alibaba Group (BABA): Long at $170.63, sold at $170.29 for a 5.0% profit.
- Workday (WDAY): Long at $106.91, sold at $104.90 for a 1.8% loss.
- Nvdia (NVDA): Long at $170.45, sold at $187.94 for a 10.3% profit.

Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
In today's episode, Ryan answers the questions of one listener ranging from his transition from paper trading to live trading, and swing trading to day trading. Also addressed is his approach to trading, specifically Fibonacci retracement levels and why Ryan prefers Pivot Points instead.
Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at: https://www.shareplanner.com/premium-plans
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