My Swing Trading Approach
Today’s follow through will be important, following Friday’s big technical move. Should that happen, I’ll look to increase my long exposure.
Indicators
- VIX – Substantial drop of 11.5% on Friday and dropping for a sixth straight day.
- T2108 (% of stocks trading below their 40-day moving average): One of the bigger moves of late. A 22.5% move taking the T2108 to 48.3%. The market’s health is rapidly improving but with plenty of room to still do more.
- Moving averages (SPX): SPX broke above the 50-day moving average and now above all the major moving averages.
- RELATED: Patterns to Profits: An Intro Trading Course
Industries to Watch Today
Industrials, Financials and Technology were the top three sectors. That is what you want to see in a market trending higher. These three sectors along with Healthcare are the healthiest ones to trade as they have all broken above the 2/27 highs. 
My Market Sentiment
Major move on Friday, with the declining trend-line off of the January highs broken as well as the 50-day moving average. Now it just needs to break above the February 27th highs.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 5 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.
Passive investing can be a great source of funds for retirement and for building a nest egg. In this podcast episode, a husband and wife asks Ryan's thoughts on building a SPY position on just $2/day. While consistent building a nest egg, is great, the timing and strategy in doing so is just as important.
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
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