When should you book profits in your trading and investing in the stock market? Seriously, aren't you tired of always watching your profits disappear every time there is a downturn, or you sell when you should be holding or holding when you should be selling? The problem is that you [...]
My Swing Trading Strategy Two new positions were added yesterday, while continuing to hold on to the existing trades. I’ll entertain adding another today, if yesterday’s momentum can be sustained. Indicators Volatility Index (VIX) – Dropped 1.1% down to 12.28, bouncing off the lows in the final hour of trading. I [...]
My Swing Trading Approach Stopped out of one position but added another on Friday. Holding respectable gains in two of my positions, but likely to stay put as the market remains on uncertain footing at recent highs. The market continues to have issues over the past week with fading morning [...]
Support holding strong, dip-buyers still flying in at any moment of weakness. Yesterday was a sound day for the bulls from a technical standpoint. For one, the S&P 500, by a large margin, saw a huge uptick in volume from the day before. Which is good, because I kind of [...]
What was that yesterday? Where was the volume? That had to be one of the least interesting trading days in my entire trading career. I mean, it was horrible, miserable – and outright boring. […]
All time highs without a worry in this world. It really is impressive how the market will rebound every time from even the smallest of sell-offs to hit new all-time highs, time and time again. There is a lot of risk out there – tons of it. Despite all the [...]
Out of the Darvas Box - just barely though Okay, so we have been here before. This almost-two month long box that the S&P 500 has been trading in has been broken for only the second time, yesterday. The last time it broke was on June 19th, and the following [...]
The Dow hits new highs, S&P 500 & Nasdaq not far behind The S&P has rallied 31 points off of the Tuesday’s lows when Don Jr.’s emails hit the wire. Yeah, it actually sparked a sell-off, but like all sell-offs, it was short lived. Instead, stocks are staring down the [...]
Stocks ready to bust a move despite yesterday’s freakout That was a fast, hard, sell-off that came out of nowhere yesterday and looked like it was going to really bring down the market in a big way, until the Senate announced that they were going to do their job and [...]
On Monday, it looked like the market was prime for a breakout in trading Since then it has only resulted in a head fake kind of maneuver. I'm glad to be back after a short summer vacation over the last week. But when it comes to trading, there isn't much [...]
The famous Darvas Box Breakout setup is back at it again. But trading Darvas’ box breakout doesn’t mean you ignore the downside risk either, because if the market breaks down and out of the box, it becomes just as legitimate of a trade setup as the breakout would be. [...]
Breakout of Consolidation a Must SPX had that opportunity on Friday to really close out the month strong and breakout of that consolidation pattern that is more evident on the intraday charts than it is on the daily chart. Instead the market gave traders a gap and crap the entire [...]
