Financials

Which sector provides the best opportunity for traders in 2023? In this video, I provide my technical analysis and opinion on each sector in the stock market and which ones are likely to do the best, while which ones are most likely to lag the over all market.

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 days,

My Swing Trading Strategy I added one additional trade to my portfolio yesterday, while tightening the stop on existing trades. I may add an additional trade today, but the market will have to be overwhelmingly bullish, and that doesn’t necessarily seem to be the case so far this morning.  Indicators Volatility Index (VIX) – A three

My Swing Trading Strategy I took profits in Applied Materials (AMAT) for a +2.8% profit on Friday, while also adding one additional position to the portfolio. There are a lot of earnings reports coming out this week, like last, so avoiding any potential hazards will be extremely important.  Indicators Volatility Index (VIX) – Down 4% and

My Swing Trading Strategy I sold Jacobs Engineering (JEC) for a +3% profit yesterday but also took a -1.5% loss in Ralph Lauren (RL). The reward/risk was textbook between the two of 2:1. I added one new swing-trade yesterday to my portfolio and won’t rule out another today. However, my confidence in that happening is low,

My Swing Trading Strategy I did not add any new positions yesterday as the market’s price action simply didn’t warrant it. Instead I raised my stops where I could. I will be open to adding another long position today, but won’t hold out hope for it, if the market decides to fade tech strength today. 

My Swing Trading Strategy Two new positions were added yesterday, while continuing to hold on to the existing trades. I’ll entertain adding another today, if yesterday’s momentum can be sustained.   Indicators Volatility Index (VIX) – Dropped 1.1% down to 12.28, bouncing off the lows in the final hour of trading. I don’t expect big moves to

My Swing Trading Strategy I added one new position yesterday, while taking a loss in Hewlett Packard (HPQ). The breadth was horrible, with NYSE declining issues leading the way by a 17:11 margin. It is never a good sign when the Nasdaq 100 makes new all-time highs, while the number of stocks making new 52-week

My Swing Trading Strategy Last week was an insanely boring week of trading for me. Only one trade overall – that is a rarity. I did close out some positions that weren’t doing much though, including Harris (HRS) for a +0.6% profit. Much of the slowness was due to holiday light volume and recent low volume

My Swing Trading Strategy No trades from me yesterday, and will look to increase stops and book gains in places where it makes sense today. Tomorrow the market is closed and I suspect today, barring any major market news or a bombshell in the Mueller report, that the volume will be low and price action