The Stock Market is hitting new all-time highs every single day! But how long can this last? At some point there has to be a pullback, but when? Are we looking at another January 2018 where the market dropped hard and fast the following month or September 2018 where the [...]
Here's a look at a recent trade made that exhibited a bull flag pattern to the upside and how resistance was dealt with and managed for this breakout play. Trinity Industries $TRN in particular and railroad stocks in general can have their own mind, so you it is important to [...]
My Swing Trading Approach Profits were taken on Friday as a result of Saturday's G-20 uncertainty (yes, we could easily have opened up -40 points on SPX if there was an escalating of tensions). In particular, I took profits in NFLX of +6%. I'm open to adding long positions, but I [...]
My Swing Trading Approach I may add another position to the portfolio today, depending on whether the market can sustain its pre-market strength. I will look to also preserve profits by raising the stops on existing positions. Indicators […]
My Swing Trading Approach With the large gap down this morning, the market is in dangerous territory, and risks breaking Monday’s lows and eventually the February intraday lows. As a result, I will stay put in my trading, until the market has provided me with a more definite trading edge [...]
My Swing Trading Approach Today, I will look to add 1-2 new long positions, if the bulls can squeeze the bears and drive this market higher. Indicators […]
My Swing Trading Approach With the overnight sell-off, I will take a wait and see approach. I’ll remain patient and wait for a clear sign from the market that the selling will not extend itself lower, before considering any new long positions. Indicators […]
