Swing Trade Approach: Whoa! That was quite a day for the stock market. I was stopped out of a few positions right at the open. The big ones being Universal Display Corp (OLED) and Delta (DAL) for a -6.8% loss and -5.7% loss (Those loser trades don’t deserve being highlighted in bold, I hate those things, and you
Swing Trade Approach: Busy day on Friday. I covered one of my short positions, Nutrien (NTR) at 44.39 for a 6.7% profit. Nice gain for a short position that I have held since November 26th at $47.60. But I didn’t stop there. I sadly closed out one of the more impressive trades of the year Visa (V), which
Swing Trade Approach: I closed out Nuance Communications (NUAN) at $19.82 for a nice +11% profit. I held the stock since before Christmas when I got in at $17.87. Also, I covered my short position in Advanced Auto Parts (AAP) after some crazy call action on the options started to pile in this afternoon. If someone
Swing Trade Approach: I added one long position yesterday, not the best start to the trade, but I also took 1/3 of my position in HD off the table for a +5.2% profit. Still building that balance between long and short positions right now, and not looking to get overly extended to the long
My Swing Trading Strategy I made quick work of a day-trade in Square (SQ) yesterday for a +1.3% profit. Outside of that I sat on my hands, as the market is in very low reward/high risk territory when it is 1% below the all-time highs. Until we can push through that level, I’ll temper my expectations
My Swing Trading Strategy I added some short exposure yesterday. as SPY finds itself just barely in the gap after yesterday’s close and appears willing to give the gap fill a try from Friday. Not seeing myself being overly aggressive on the trading front, but could take advantage of some opportunities either long or
My Swing Trading Strategy I didn’t take any new trades on Friday, as it looked foolish to me to chase price ahead of the Trump/China trade negotiations. I am leaning more bearish heading into today and may look to get short again at some point today. Indicators Volatility Index (VIX) – A 13% drop on Friday,
My Swing Trading Strategy No new positions for me yesterday. Call me crazy, but I’m not going to load up on long positions when there is zero rhyme or reason behind these market gyrations. For Pete’s sake, the market is falling on whether or not the Chinese delegation ordered ham & cheese or just soup
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
My Swing Trading Strategy This has been by far the most difficult month of trading that I have ever seen. I mean, when you have a Twitter account that can bring ruin to the financial markets, it makes predictability a lot more difficult. The month of May started with a tweet fanning the flames of