Swing Trading with Ryan Mallory
If you are looking for a trend on the daily or any clue as to the direction of this market, you won't find it by looking at the daily chart on the S&P 500 (SPX). In fact, you will have to drill down into the intradays, namely the hourly or [...]
I’ve put together a quick video talking about the current state of the stock market, key stocks and the major indices in general. I cover the following stocks: IBM, MCD, ADBE, NFLX, FB, AMZN, GOOGL, CMI, SINA […]
I guess it has come to this: that the market can only move up or down when Janet Yellen gives it permission to. Whether it is a speech, minutes, FOMC statement, or one of her minions on the prowl, the market refuses to acknowledge anything else. Here we are with [...]
As with any bearishness over the years, it has to be taken with a grain of salt. If the market drops hard, then a hard bounce is right around the corner, and if the market sells off slowly but surely, the gains that could have been made by shorting it, [...]
The market is in a funk right now. Friday’s employment number gave a lot of traders hope that the market would make its way quickly to 2200, but that has not been the case, and is now on the verge of giving back all of last week’s gains. There are [...]
After a brief period of excitement in the market, when it sold off 1% yesterday, the S&P 500 (SPX) is back to its boring ways from the past few weeks and now trading in a very narrow, intraday range that is leaving traders with little to talk about. I personally want to [...]
If you’ve been trading this market for the past 10 days as I have been doing, it has been one of the most boring markets ever without a holiday looming around the corner. Apparently investors are sneaking off to the Hamptons again for one last summer vacation before shipping their [...]
With the FOMC behind us, the market can breathe a sigh of relief that there wasn’t a surprise interest rate hike. But really the overall market reaction to the news was more “meh” than anything else. With that said the Weekly SharePlanner Reversal Indicator is now hovering at extremes. If [...]
Information received since the Federal Open Market Committee met in June indicates that the labor market strengthened and that economic activity has been expanding at a moderate rate. Job gains were strong in June following weak growth in May. On balance, payrolls and other labor market indicators point to some [...]
I know a lot of people believe that the current market rally is unsustainable, and at its current trajectory it probably is. But that doesn’t mean it can’t flatten out some through time and put together a more 45-degree-ish kind of rally that can sustain itself into the elections. Remember, [...]
There is a strong level of resistance forming overhead on the Russell (IWM). On the RUT it is at the 1212-13 level and on IWM it needs to push through the $120’s. On numerous occasions IWM has tested this resistance level and has quickly retracted in price – often times [...]
I keep writing about the VIX indicator of late because it is so essential to this market being able to continue its current rally. You have a monster level of support on the VIX at the 13 level and it goes all the way back to this time two years [...]
