How many shares to buy: It doesn’t matter I know we all want to have thousands upon thousands of shares of a particular stock in our portfolio. It makes us feel big time, like we have a major stake invested in the company. Bug deciding how many shares to buy in our swing trading will
You'd have to be living in a cave to not realize that Amazon (AMZN) has been part of a most impressive rally. But following a three day pullback, the Amazon share price today sits right on a key long-term support level. Check out the Amazon stock chart below and you'll see exactly what I am talking
Tesla Stock Analysis: The Technical Picture Tesla (TSLA) reported earnings last night and while it was received well initially, the Tesla stock price today is getting hammered as traders woke up to a totally different situation this morning. Tesla shares sold off by by the biggest amount that we have seen since the massive
The Swing-Trading Edge has offered unbelievable opportunities for traders, and I expect the same heading into December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription, you will get each and every trade that I
Technical Analysis: Two major milestones achieved yesterday, with the Dow Jones Industrial Average (DJIA) reaching 19,000 and S&P 500 (SPX) passing 2,200 for the first time. The market has continued along the lines of Thanksgiving being a reliable ‘bullish’ week for the market. The Wednesday before Thanksgiving has a history of being reliably and consistently bullish as well. Since
Technical Outlook: S&P 500 (SPX) dropped for a third consecutive day yesterday. If the market sells off today, it would mark the first time since June 15th that SPX sold off four straight days. On the volume side, SPDRs S&P 500 (SPY) saw a third straight day of rising volume and came in at average levels. GDP
Technical Outlook: Solid earnings reports from the big companies aren’t helping to lift the market at all from its current trading range. Today we’ll see if Amazon (AMZN) or Alphabet (GOOGL) can pull it off. The trading range over the last 11 trading sessions has been less than 1% – one of the
There is a lot that could go bad this week. Apple (AAPL) earnings are after the bell, then you have Amazon (AMZN) later in the week. Not to mention the slew of economic news from the Fed tomorrow at 2pm eastern when they release their FOMC Statement and then again with the GDP to
Technical Outlook: SPX pulled out of its 3-4 day holding pattern and broke out to new all-time highs yesterday. 5-day moving average continues to hold strong. Look for a break and close below the 5-day for signs of short-term weakness. Slight increase in volume yesterday, but still way below recent averages. The trade to