Weakness in the Financial Sector and How the Banks are Breaking Down
There is a lot of weakness in the financial sector right now. […]
Swing Trading Strategy Report #16
My Swing Trading Approach I booked some profits and cut my long exposure yesterday, while adding a short position and making my portfolio “neutral”. I’ll add more short positions today if the current pre-market weakness persists. […]
Big Banks Are Shattering Resistance
Watch these big banks! Namely: JP Morgan (JPM), Citigroup (C), Bank of America (BAC) and the notorious Goldman Sachs (GS). All of them are breaking out as I am typing this and they look like they could be solid runners for the entire week. Rarely do you find them or [...]
Inverse Head and Shoulders on the Big Banks: $C $BAC $GS $JPM
The big banks appear to be setting up for a bigger move here. I am already long in JP Morgan (JPM), but all four of these charts are posting solid reward/risk ratios with the potential to break higher any day now. Take a look at each chart, you’ll see that [...]
