Some sectors not looking as healthy as they once were In fact it is one of the first times in quite some time where I am seeing tons of divergences across the different sectors. You have utilities that are topping, and then healthcare that is crashing. Technology is surging, while Energy is simply creeping higher.
Resistance being tested in nearly every sector. Unless you are utilities, you have some resistance sitting just above your current price. Though overall, the market needs to break through it all at every level if it has any desire to keep this market rally going. The good thing is, that once it breaks, it should
Industrial sector continues to be one of the best sectors to trade in. That is namely because Boeing (BA)Â is soaring through the stratosphere and they are and remain the best stock in the industrial sector. The best time to be buying into it is on any test of the 10-day moving average as it has
Sectors showing a lot of weakness still, and only a few that are holding up.  The bulls can’t hold on to their gains at all, and each day is being met with a conviction to sell not matter how high the bulls run it up in the meantime. A lot of it is headline
A lot of improvement this week in the sectors, but can it last?  Considering the last sector update was on November 15th, things are much improved overall, but the market and related sectors as a whole are by no means out of the woods here. Stocks could certainly lose the current momentum next week
My Swing Trading Approach I closed my position in SPXU for a +5.9% profit and my short position in QQQ for a +2% profit. Not bad for a day where the Dow was down 600 points. I'm sitting in cash now and looking to deploy some of it today, should the market bounce hold. Indicators Volatility
My Swing Trading Approach I came into Friday with one long position, which was an ETF that acts as a short position on the S&P 500. I closed out SPXU at $33.55 for a +4% profit. I am now 100% cash entering today, and looking to play a potential bounce if the market will allow
Sectors bullish as a whole, but still with some notable laggards. Financials suck, I’ve played them sporadically throughout the year, and every time, the gains have meager. Energy I have been incredibly skeptical of, though I have played them with much more success, I have stood by on its current rally because the sector itself
It is time for me to do some technical analysis on the FANG stocks, whether they should be swing-traded right now, and further analysis on Apple and the market indices as a whole and where I project the market to go, going forward. Enjoy!
Thursday’s swing-trades: Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and start making some profits for yourself! Long iShares Nasdaq Biotechnology (IBB)