• Stocks still lacking conviction and direction for swing trading I have to say, this is not an easy market to trade, which is one reason why I continue to tread lightly these past couple of weeks. There’s no sense on putting up heavy positions only for the market to knock them down. But I continue

    By |Published On: October 31, 2012|1 min read|
  • Taking the swing-trade short in ESRX Often times when I’m searching for the day’s lazy trades, I end up making one or both of the trades as I write the post. That has happened once again today by getting short on Express Scripts (ESRX) at $61.51. The other pick is one I’ve tried for a

    By |Published On: October 31, 2012|1 min read|
  • Look for Low Risk Swing-Trading Opportunities Practically this entire week, I’ve been very hesitant to get long or short anything. I’m still holding Agrium (AGU) as a long trade, but it has yet to really do anything substantial. As it has always been for the past 2-3 years, shorting stocks has a short time-frame for

    By |Published On: October 25, 2012|1 min read|
  • Swing-Trading isn’t all that easy right now With us stuck in what seems to be a perpetual channel sideways, I figure this market is going to be difficult to trade for the foreseeable future. As a result, I’ll probably look to take gains faster, and probably increase my frequency of day-trades as a result.  This

    By |Published On: October 22, 2012|1 min read|
  •   This market is no doubt taking a turn down that it hasn’t seen the likes of which since 6/21. And what is more intriguing about this sell-off is that it happens right near the highs of recent market action. But like I talked about  yesterday, I was seeing resistance on the top side being

    By |Published On: October 19, 2012|1 min read|
  • Trying to squeeze a few more setups here into the close. I’m Long McDonalds at $94 as described below. I have 2 longs and 3 shorts to end the day. I’m tempted to add TTI as well, but figured I’d wait till tomorrow to see how the market opens.  My portfolio is a lot smaller

    By |Published On: October 16, 2012|1 min read|
  • My approach to today’s market is to look to remove some of my long positions from the portfolio before day’s end, as I’m a bit pessimistic on the extent of the bounce that we will get out of this market beyond this week. In fact it goes along perfectly with the market simply trying to

    By |Published On: October 15, 2012|1 min read|
  • This week, or since the Friday high-to-low sell-off, we’ve seen probably the most consistent wave of selling that we’ve seen this entire year. In fact, this week alone, we’ve pushed back below the 10,20, and 50-day moving average, as well as break the uptrend off of the 6/4 lows AND we are currently trading below

    By |Published On: October 12, 2012|1 min read|
  • It’s shaping up to be a quiet Friday for me. One thing I’m noticing is the rabid bearishness in regional banks today due to the disappointing bank earnings. What’s tough for this market today, is that for days now financials have really been the only bright spot in this market, and now it’s joining tech

    By |Published On: October 12, 2012|1 min read|
  • Halliburton (HAL) setting up nicely to the long side this morning. I took a long position in it at $34.16. Now the question is likely to be asked, why am I still adding long positions at this juncture in the market. For one, we haven’t broken down yet, and haven’t broken the 1430 SPX

    By |Published On: October 11, 2012|1 min read|