Swing Trading with Ryan Mallory
Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Recent data suggest [...]
The bulls have had a great run since the May lows were established, rally 170+ points off of those lows. Much of the rally can be attributed to a few strong days that sent the market soaring higher, while much of that time was confined to sideways trading. [...]
Bulls are hitting an extreme, but that doesn’t mean it is the end of the road for the current rally. While the rally here in May has helped investors out, it may only have a few more weeks left. […]
Most of the sectors are in good shape right now.  This bodes well for the overall direction that the market has been on this month. Yes, there are some obstacles for it to overcome, in forms of strong price resistance overhead, but we are seeing the typical market resiliency that [...]
Last week’s update of the SharePlanner Reversal Indicator, I thought things might start getting bearish on the indicator. That didn’t happen. […]
The hottest sector in the stock market is no doubt Energy. And it may only get better from here! […]
Overall the week has been a good one for the market, and it’s much needed, following its flirtation last week of a break of the 200-day moving average (SPX). Honestly, I thought this week’s rally would have fixed a somewhat problematic trend developing in the SharePlanner Reversal Indicator, but it [...]
I’m not a huge fan of using technical analysis on indicators, particularly when the y-axis on the chart is a percentage basis capped at 100%. But this T2108 chart, I believe has some merit as it pertains to support and resistance. For those needing a refresher, the T2108 measures the [...]
There are a lot of positives and a lot of negatives in this market right now. Not all sectors are soaring as you might think. A lot of them are downright miserable. There are also a lot of failed patterns breakouts as you will see below. Those lead the way [...]
My reversal indicator is still providing me with a very strong bullish reading. As a result, I remain bullish on the market as a whole, but in a tepid fashion. I’m not going out and buying everything I set my eyes on, in fact, I am trying to stay away, [...]
Here's the latest from the state of our market. A possible base if forming, but right now there is nothing to really act on here. I cover SPY, 58.com (WUBA), Netflix (NFLX) and E*Trade (ETFC).
