My Swing Trading Approach
By adding a long position yesterday to the portfolio, it balances out the short position that I am also carrying into the day from last week. I’ll look to aggressively add 1 to 2 new long positions in the early going.
Indicators
- Volatility Index (VIX) – A very dull session for the VIX as it remained just below 16 at 15.97. Inside day yesterday, but expect a drop today.
- T2108 (% of stocks trading above their 40-day moving average): A small rally that took the indicator back up to 81%. Holding strong despite some weakness over the past week.
- Moving averages (SPX): Wedged between the 5- and 10-day moving averages. Expect a break above and a possible challenge of the 200-day moving average today.
- RELATED: Patterns to Profits: Training Course
Sectors to Watch Today
Industrials broke back above the 200-day moving average and one of the strongest sectors out there, along with Technology, Utilities, and Staples. 
My Market Sentiment
The 200-day moving average is in play, as the market looks to be in rally mode in the early going. Whether it can break through the 200-day MA or not will go along ways in determining the sustainability of this current market rally.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 10% Long, 10% short.
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 this podcast episode Ryan covers the basics of building a swing trading watchlist for beginning traders. Also covered are the key elements that are necessary to ensuring that the watchlist is functional and capable of providing quality results for one’s swing trading.
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.
You Might Like
Building the Watchlist | Podcast Episode #466
Buy NVDA or TSLA?
Emotional Trading Destroys | Podcast Episode #465