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.Â
My Swing Trading Strategy I kept my positions the same heading into the weekend,and means I am still short on this market, and at the very least, the open,should be quite favorable today. I may consider adding more short exposure depending on the price action in the early going, and the overall breadth and volume
Happy Monday and -100 SPX handles to you! Holy cow, I know we opened up over forty points to the downside, but seriously, another 60 points lower is going to be a tough pill to swallow for a lot of investors. I’ll admit, I wish I still had my inverse ETF in SDS still, but
This week has not gotten off to the best of starts. After having closed out my three previous trades for profits, Shopify (SHOP) got the best of me, hitting my stop-loss in the very early going and leaving me with just one position in the portfolio. Technology stocks are getting killed today, and right now,
Last week’s selling could create some dip-buying opportunities this week. As is the case on every Monday, I have put together a list of long setups to watch for the week ahead. A number of them are providing some solid pullback opportunities worth watching – such as Advanced Micro Devices (AMD), Yeti (YETI) and Roku (ROKU). You
 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 real blood bath today.Â
A stock market correction today happens faster than ever. The stock market today can crash incredibly fast, and then put in a bounce in the form a v-shape that is much quicker than anything we have ever seen before. In this podcast, I address how stock market corrections have evolved over the years with electronic
A stock market correction today happens faster than ever. The stock market today can crash incredibly fast, and then put in a bounce in the form a v-shape that is much quicker than anything we have ever seen before. In this video, I address how stock market corrections have evolved over the years with electronic
My Swing Trading Approach I sold Schlumberger (SLB) yesterday for a +1.1% profit. I’ll be looking to add another 1-2 new positions to the portfolio today, on top of the one I added yesterday. Indicators Volatility Index (VIX) – Popped about 10% yesterday but by the time the close rolled around, most of the gains
My Swing Trading Approach I closed out two positions yesterday: Netflix (NFLX) for a +1.5% profit and Square (SQ) for a +1.1% profit. Nothing all that exciting, but I was looking to curb some risk as the afternoon trading session was on shaky ground. May end up getting back in them in the