Is the stock market going to crash, or do we just BTFD and Buy the dip once again? The stock market is in a bubble mode here where anyone and everyone is wanting a piece of the action and as a result the market just keeps rising. At some point [...]
"Buy The Dip" is one of the most popular expressions in the stock market today. It feels and seems like a fail safe strategy. In this podcast I discuss the problems with blindly adapting your trading strategy to this theory, and how it can ultimately comeback to destroy all of [...]
Today is really about the market holding on to yesterday’s Labor Day Sell-Off Yes, I realize the stock market was closed yesterday, but that doesn’t mean the futures were, which more often than not, will usually trade a half a day, at least, when the stock market is closed. Yesterday [...]
I was split between equal longs and equal shorts coming into today. However, I was wanting more downside, because that is where the easy money would be if this market could ever just give us a solid pullback.This consolidation over the past three weeks, and even more so, the constant [...]
Amazing how fast the market can turn things around isn’t it? I mean think about it, it was just Thursday afternoon where SPX started breaking down, bonds rallying through the roof and the fear was running deep from the previous days +80 point sell-off on SPX. Then, with out warning, [...]
Monday’s are for the sellers. Once again, for a third straight Monday, we are seeing the bears take control of the stock market and push it lower. Last Monday was horrific for most traders, and today is shaping up to not be as bad, but still pretty bad overall. [...]
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 [...]
My Swing Trading Approach I added a short position on Friday, it hasn’t done anything for me to this point, and with futures pointing higher, I’ll likely have to get out and get back on the long side. Right now it is pretty fluid, so the idea that the market [...]
Here is my analysis for how I buy the dip in the stock market as a swing trader, using a top-down market analysis.
My Swing Trading Approach I’m looking to see if this market can bounce today. I think there is a good chance for it to do so. If it does, I will buy the bounce by adding 1-2 new long positions to the portfolio. I don’t see the fear being there [...]
The sell-off looks really good at first, when it breaks the 5-day and 10-day moving averages. Then it takes out the 20-day moving average and it looks like this time is a bit different. […]
I barely remember the sell-off that ‘alledgedly’ happened yesterday. People say that there was one, but I can’t take their word for certain. The buy-the-dip crowd would never allow such a thing. Don’t believe me? Take a look at the charts below – nothing ever happened yesterday. S&P 500 (SPY) Dip [...]
