My Swing Trading Approach Yesterday I found myself day-trading the market again. Not the ideal situation, but considering the after hour news that hit with Trump and tariffs on China, it turned out to be a good decision. Two trades yesterday, both winners, with AMZN yielding +1.4%. I am open to playing the market in
I was actually long momentarily this morning, but now I’m not. I have trust issues in this market. Who can blame me. I came in 100% cash, as I didn’t trade at all on Friday, and early on this morning, I added AMZN and V. The former I closed out for a quick 1.5%
My Swing Trading Approach The bulls were unable to hold any of the early morning profits yesterday, which ultimately was nothing more than a sell-fest immediately following the market open. The potential for a bounce here in the market here looms very large, and likely to see it this week at some point. Morale among
My Swing Trading Approach  This is a tough market, too oversold to short, but not enouch conviction for a sustained bounce. In fact, there hasn’t been a single day of back-to-back gains since September 20th. That’s incredible really. Despite the huge, negative earnings reaction out of AMZN yesterday, and the market’s weakness today, either
My Swing Trading Approach I booked profits in AMZN yesterday for a +2.2% profit, while adding one additional long setup. Still a light portfolio, and will continue to do the same into today. Indicators
You can still see where the bears really haven’t bee squeezed yet, despite Friday’s rally, and today’s attempt at one, though right now it is still trading flat on the day. Big leaders are struggling, and if this market is going to sustain a bounce and do it in a convincing fashion, it will need
SPX has shaved 50 points off the market today, and could see more, but this kind of extreme sell-off hasn’t been seen in quite sometime, and follows four days of selling before. Plenty of stocks are seeing prices that are 15-20% lower than they were earlier this month. However, I like to look for the
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