Buy The Dip

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 headlines, tweets, and reports about

My Swing Trading Strategy I booked profits yesterday afternoon in Shopify (SHOP) for a +9.1% profit. It was a trade that I had been riding since last Friday. I still have two other positions, but may be cautious about adding another long setup to the portfolio ahead of the Fed’s Jackson Hole meeting tomorrow morning.  Indicators Volatility

My Swing Trading Strategy I added one additional long position to the portfolio yesterday, while keeping the two positions that I came into the day with – both of which are showing sizable gains with solid rallies yesterday despite the market selling off. I am open to adding another long position today if the pre-market

My Swing Trading Strategy I wasn’t too aggressive yesterday, as the market simply gapped and flat-lined the entire day. That has been the norm for gaps in the market of late. Very rarely do you see a strong push higher throughout the day. As a result, I only added one position yesterday and held on

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, the market bottomed, and

My Swing Trading Strategy I added one long position to the portfolio on Friday. Didn’t want to be too aggressive in that area, simply because of the huge and unpredictable gaps in both directions over the last two weeks. Today, we are gapping even higher, and will look to find one or two trades that

My Swing Trading Strategy Alright, alright, alright. I closed out my position in SPXU, which again is a 3:1 inverse return of SPX, yesterday for a +3.5% profit. Not bad, but I thought I might come away with a little more than I did. Good thing I closed it though because the market is

My Swing Trading Strategy Yesterday was a wild open, with the market completely reversing the gains from the day prior, I sold my two long positions for small losses, right at the open and avoid taking on additional losses, and took on a position in SPXU which allowed me to recover those losses. The pre-market

My Swing Trading Strategy With yesterday’s pop at the open of the trading session, I was taken out of my position in SPXU for a +2.8% profit. Now the market is looking at reversing yesterday’s gains on the indices and I may be getting right back in to the short side, despite having added two

My Swing Trading Strategy No new positions for me yesterday. I considered shorting the Nasdaq some, but the volume simply wasn’t there in the selling, and I didn’t want to set my self up for a possible short squeeze right from the very start. I currently am shorting the market using a long position