Let’s drop this market 40 points why don’t we? How about 50? Hold my beer…let’s make it over 60 SPX points to the downside! That’s the kind of numbers the S&P 500 futures market was printing overnight – in fact it looked like it was going to be a [...]
The All-Time Highs for the first time since September 2018 Honestly, I feel like this market is stuck on the Chumbawamba, I Get Knocked Down song on loop. This market simply shrugs off everything in its path. You have to wonder at what point, if this market continues marching higher [...]
That is pretty much the only semi-reason to short this market right now. Yes it is a dull market (until today), but you never want to short a dull market. It’ll take you to the cleaners every time. Now today, the bears are getting squeezed into covering their positions [...]
The volume today is actually worse than any day last week. I thought we might see the buyers get interested or maybe the sellers – or somebody. But still the volume issues in this market continues to plague it and unable to mount a sizable rally or sell-off of any [...]
Easter and Good Friday this week provides us with only a four-day week for swing-trading. I love a good four-day week of trading. And with Good Friday the market gives us an extra day to enjoy the holiday weekend. It is especially needed after the slow start that April has [...]
The Market must have known it was the day I post my bearish swing-trading list. Because the endless bid has disappeared and the bears are using the low volume nature of the market today to drive prices lower. I haven’t gotten short on any of these positions, but they are [...]
It’s another low volume day with very little conviction in either direction. I got smacked around in Boeing (BA) today following its production reduction. So my week didn’t get off to the best of starts, but the loss was managed well, and should be easy to recover from. Earnings will [...]
The Massive Market sell-off from two weeks ago meant nothing. I’ll be honest, that threw me off, not the sell-off itself, but the fact the market paid little mind to it thereafter. It is already a mute point with stocks now contemplating a run back up to all-time highs. I’ve [...]
No April Fool’s joke, the shorts are feeling the squeeze today on a low volume rally. Big move today for the market, as the bulls hit their highest price since October 10th. For most of March, the S&P 500 found itself trapped in a low volume chop, and while the [...]
Apathetic price action in the stock market creating ideal swing-trading short setups. Bulls had everything going for them this morning to really squeeze the bears out of their positions. With a 1% rally right out of the gates, the bears weren’t too far away from being forced to cover their [...]
Friday’s market sell-off was the shot heard around the world. It took me out of my three long positions, but all three for gains at least. However, rally attempts off the lows on Friday and then again today, has…so far… all stalled out, and I have yet to add a [...]
I’m not liking how extremely low the volume has been in the stock market lately. Sure, the stock market is pushing its way higher, but it is doing it very haphazardly to say the least. Stocks have little conviction, and the best of trade setups are simply spinning their wheels. [...]
