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About Ryan Mallory

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So far Ryan Mallory has created 9026 blog entries.

Trading Block Update

2024-05-06T23:56:48-04:00May 6, 2024|

Trading Notes: The bulls managed to hold on and push price back up for a third straight day. Price action can still run higher on the indices with out any significant resistance until it gets to the all-time highs on SPY. I am comfortable here with adding another long position [...]

Stock Market Oscillator Update

2024-05-06T17:59:09-04:00May 6, 2024|

Today's Reading for 5/6/24: 49.28 Current Reading: Neutral Additional Notes: SMO showing an improving bullish tilt here as equities continue to bounce. This trend higher could last at least into the next CPI report. Interpreting the Chart: 0-10 is "Extreme Oversold" and is typically seen in strong 'Risk-Off' market conditions, [...]

Trading Block Update

2024-05-05T22:25:52-04:00May 5, 2024|

Trading Notes: SPX, on Friday,  closed 116 points higher off of Thursdays lows. That is a wild swing following the back and forth in equities following the Wednesday's reaction to the FOMC Statement. To say the least, the last three days of trading has be remarkably difficult for swing traders. [...]

Stock Market Oscillator Update

2024-05-04T16:30:39-04:00May 4, 2024|

Today's Reading for 5/3/24: 43.84 Current Reading: Neutral Additional Notes: Rating change to neutral. Strong move out of SMO yesterday confirmed by a strong push higher in price in equities. Interpreting the Chart: 0-10 is "Extreme Oversold" and is typically seen in strong 'Risk-Off' market conditions, and can be indicative [...]

Trading Block Update

2024-05-03T09:15:39-04:00May 3, 2024|

Trading Notes: With AAPL buying back $110B of its shares, coupled with a significant miss on the employment number, the market is rallying hard and fast this morning. That will more than likely take me out of my SDS trade. At this point here, depending on how the market digests [...]

Stock Market Oscillator Update

2024-05-02T21:41:06-04:00May 2, 2024|

Today's Reading for 5/2/24: 38.45 Current Reading: Tilting Bearish Additional Notes: New highs off of the April lows, and a higher-high on the chart. SMO putting in very choppy moves, but chart improving and nearing a neutral reading. Interpreting the Chart: 0-10 is "Extreme Oversold" and is typically seen in [...]

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