My Swing Trading Approach
I will look to earn 1-2 new positions to the portfolio today on market strength today.
Indicators
- VIX – Fifth straight day trading lower, likely to see more again today. Still elevated over the average levels seen in 2017.
- T2108 (% of stocks trading below their 40-day moving average): Not much movement yesterday, but sitting at the 2/27 highs, which bodes well for SPX going forward.
- Moving averages (SPX): SPX sitting just below the 50-day movement and will break it at the market open, while holding the 5-day and 10-day moving averages.
- RELATED: Patterns to Profits: An Intro Trading Course
Industries to Watch Today
Staples and Utilities led the way yesterday. Be weary of Energy and Basic Materials – both of which are difficult sectors at the moment. Discretionary and Technology are the two top sectors to watch today, followed by Industrials and Financials. 
My Market Sentiment
Employment number came in strong, but the market did not sell it. Instead the market is looking at a potential move back above the 2/27 highs. Also, the downtrend off of the January highs will be broken today.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 3 Long positions
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.
The percentage amount for your stop-losses and where to put them at when trading the stock market can be very difficult to determine. In this podcast episode, Ryan talks about times when it works using tight stop-losses versus very wide stop-losses and the tricks that you can use to narrow the stop-loss even further.
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 💰
— — — — — — — — —
🛠 TOOLS OF THE TRADE 🛠
Software I use (TC2000): https://bit.ly/2HBdnBm
— — — — — — — — —
📱 FOLLOW SHAREPLANNER ON SOCIAL MEDIA 📱
*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
You Might Like
Managing Headline Risk: How to Survive the News Cycle Without Losing Your Mind
What to Do After a Winning Trade
SCOTUS & Trump’s Tariffs: Preparing for the Verdict