My Swing Trading Approach
I added some long exposure on the dip yesterday, I may add more depending on the price action today. My main focus will be to increase the stops on my existing trades.
Indicators
VIX – Very bearish sell-off at the 200-day MA on VIX, to close 2.5% lower on the day.
T2108 (% of stocks trading below their 40-day moving average): Not as much selling as I would have thought. 1.8 points down to 63.5%, still consider this indicator a concern to the overall health of the market.
Moving averages (SPX): Broke the 5-day moving average intraday, but closed above it at the close.
RELATED: Patterns to Profits: An Intro Trading Course
Industries to Watch Today
Financials led the way yesterday, and over the last six days, it is the industry to be in. Energy consolidating, and could be primed for the next leg higher. Consumer Defensive seeing some significant selling of late, along with Communication Services, Real Estate and Utilities – none of which I want to be trading right now.
My Market Sentiment
Yesterday gave the market its first sell off in 2018, and it was much needed for the bulls to take a breather. I’m looking for a bounce here today.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 6 long positions
Recent Stock Trade Notables:
- US Steel (X): Long at 35.38, sold at 36.90 for a 4.3% 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, I continue the two-part series on the rise of the retail trader and the growing impact they have in today's stock market. I also talk about how this impacts your trading and the stock market going forward.
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
📈 START SWING-TRADING WITH ME! 📈
Click here to subscribe: https://shareplanner.com/tradingblock
— — — — — — — — —
💻 STOCK MARKET TRAINING COURSES 💻
Click here for all of my training courses: https://www.shareplanner.com/trading-academy
– The A-Z of the Self-Made Trader –https://www.shareplanner.com/the-a-z-of-the-self-made-trader
– The Winning Watch-List — https://www.shareplanner.com/winning-watchlist
– Patterns to Profits — https://www.shareplanner.com/patterns-to-profits
– Get 1-on-1 Coaching — https://www.shareplanner.com/coaching
— — — — — — — — —
❤️ SUBSCRIBE TO MY YOUTUBE CHANNEL 📺
Click here to subscribe: https://www.youtube.com/shareplanner?sub_confirmation=1
🎧 LISTEN TO MY PODCAST 🎵
Click here to listen to my podcast: https://open.spotify.com/show/5Nn7MhTB9HJSyQ0C6bMKXI
— — — — — — — — —
💰 FREE RESOURCES 💰
My Website: https://shareplanner.com
— — — — — — — — —
🛠 TOOLS OF THE TRADE 🛠
Software I use (TC2000): https://bit.ly/2HBdnBm
— — — — — — — — —
📱 FOLLOW SHAREPLANNER ON SOCIAL MEDIA 📱
X: https://x.com/shareplanner
INSTAGRAM: https://instagram.com/shareplanner
FACEBOOK: https://facebook.com/shareplanner
STOCKTWITS: https://stocktwits.com/shareplanner
TikTok: https://tiktok.com/@shareplanner
*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
