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
Monday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the SharePlanner Trading Block and start making some profits for yourself! Long ServiceNow (NOW)
The bulls are dropping the ball today, following a solidly bullish week, where SPX traded higher each day. The problems lie with big tech today, which are absolutely getting slaughtered – even Amazon (AMZN) had a moment, where it came within a few bucks of its 50-day moving average. Then you have Apple (AAPL)
Wednesday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the SharePlanner Trading Block and start making some profits for yourself! Long Apple (AAPL)
My weekly list of short setups are setting up quite nicely. And it has been a while since I’ve seen this many bearish stocks collectively trendling lower and confirming their trade setups.Â
I haven’t seen anything with today’s sell-off that would alarm me. Certainly the likes of Amazon (AMZN), Square (SQ), and Apple (AAPL) are insanely bullish, the overall chart of SPX daily, looks quite solid, bouncing off of the 10-day moving average today and pulling back on what looks like light volume.Â