Quiet day for once, considering what we have been through for the past week and a half. Buyers were looking for the inevitable “dead-cat” bounce, while shorts were trying to figure out whether they should sit on the gains from yesterday and last week and hope for more, or whether to “know when to walk away” and cash out with their earnings. Tomorrow will likely provide some indication of such.
Here’s the Nasdaq and S&P charts…
Welcome to Swing Trading the Stock Market Podcast!
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Commit these three rules to memory and to your trading:
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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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