I’m back from my brief stint with vacation. Believe it or not, it was the first time in about three and one-half years since I took my last one. It felt great camping with the family despite the non-stop rain for the entire vacation’s duration. With that said, a result of last week’s vacation is
I’m going to be completely honest, there’s no way I’m shorting a single one of these stocks. The reason isn’t because I don’t think the setups look great, it is because I don’t trust this market enough to turn back down and go notably lower. There is a huge absence of significant negative news pieces
I’ve put together my list of seven stocks that I am watching from the long side today. I’m just looking to play the bounce at this point. Shorting stocks will come later, but right now, to be adding new short positions to the portfolio is futile. Once the market bounces, shorts who have been holding
Long Watch-List for Swing Trading Alright its that time again to provide you with my updated Long watch-list for the week. There is a bunch of them out there that are on the VERGE of being tradable. Nearly all of these are setting up ideally, but patience will be required for trading them successfully.Â
I’m not overly happy with how much in gains this market has given up today. I was wanting to see some follow through on yesterday’s gains and take out 1648 and send the shorts covering their positions. Instead. We have a 10+ point pullback that continues to struggle with breaking through the 20-day moving average.Â
I’ve put together my watch-list for trading long on, and it is quite long, and much of that has to do with the recent pullback that has provided me with many more opportunities that we had say just two weeks ago. These charts have tons of opportunity in them, and while a few of
This market is on a tear today, but by no means is it out of the woods. For me, I want to see that 30-minute chart on the S&P 500 to improve drastically and actually put in a higher-high, which means the SPX would need to cross 1648 to make that happen. Until that
A lot of new names on this week’s watch-list. I had to clean house last week on my long side watch-list after the market decided to usher in one of those rare and hard to find market pullbacks. But with that, the market has provided us with a number of other trading opportunities to
The entire market move occurred prior to 10am eastern and since then, the market has sold off from the hghs without so much as even a bounce. Just a slow trickle lower. By no means do I think we are seeing a sell signal here, instead, I am polishing up the bullish watchlist that I
Brutal market today, if you played it safe, and executed your stop-losses early on this morning, you likely are to see the stocks rallying much higher at this point (I’ll be doing a post on this later so stay tuned). However, consider yourself a success if you followed the plan of your trade, regardless