My Swing Trading Approach
Looking to see if the morning gap up can hold early on. Multiple news pieces are hitting the market (Tillerson outster, CPI reading). I will look to add 1-2 new positions early on if the market holds it together.
Indicators
- VIX – Broke its six day losing streak by popping 7.8% higher. Still elevated.
- T2108 (% of stocks trading below their 40-day moving average): Despite the slight market decline, T2108 managed to still climb higher, and finally crossed the 50% mark for the first time since early February.
- Moving averages (SPX): Trading above all the major moving averages. 5-day moving average is now above all other major moving averages.
- RELATED: Patterns to Profits: An Intro Trading Course
Industries to Watch Today
Utilities led the way yesterday, followed by Real Estate. Industrials and Financials were the two sectors that dragged the market lower yesterday. Technology still the best sector. 
My Market Sentiment
Ideally, a follow through yesterday would have been preferred for the bulls. Instead it managed to consolidate following Friday’s move. Needs to break above February 27th highs quickly, before it becomes stubborn resistance.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 4 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.
Ryan gives his best secrets and tips to shorting stocks and what he focuses on, what he trades, and how he trades them, as well as the must-knows about shorting stocks that no one else will tell you.
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