Information received since the Federal Open Market Committee met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Growth of household spending and business fixed investment slowed in the
My Swing Trading Strategy I booked profits in Adobe (ADBE) yesterday for a +5% profit. I didn’t add any new positions yesterday, but will look to add another trade today. Indicators Volatility Index (VIX) – Another test and rejection of the 5-day moving average. Interestingly enough though, the VIX is up four of the last five
Information received since the Federal Open Market Committee met in January indicates that the labor market remains strong but that growth of economic activity has slowed from its solid rate in the fourth quarter. Payroll employment was little changed in February, but job gains have been solid, on average, in recent months, and the unemployment
Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly,
My Swing Trading Approach I took small losses on my two trades from yesterday, as the market flushed the market down the toilet. Not looking to get short here, as the market is desperate for a dead cat bounce that is likely to come in the next few days. Indicators Volatility Index (VIX) - With all
Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly,
My Swing Trading Approach Following an epic rally in equities yesterday, I am going to stand back and watch the price action this morning, to see whether continuation is in the cards today. I sold NFLX yesterday in the morning for a +1.3% profit, but quickly jumped back in following Powell's positive comments and now
My Swing Trading Approach I took two swing-trades yesterday, and managed to hold them overnight, which has been a rarity of late. They are poised to gap higher with pre-market strength. I will look at adding another position today, but won't be overly aggressive in doing so.  Indicators Volatility Index (VIX) - While SPX finished higher,
Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Household spending has continued to grow strongly, while
Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have