My Swing Trading Approach Right now, I will probably limit the number of positions in my portfolio and stay as close to neutral as I possibly can until the market makes its move. Then I will foll along.
My Swing Trading Approach We have the S&P 500 stuck in a 10-day trading range. I am keeping a neutral portfolio until it can determine a direction coming out of the range. At that point I’ll either get more bearish or more bullish, depending on the direction that the market takes.
My Swing Trading Approach I’ve become suspicious of the market rallying whenever has blow out earnings. It is easy to assume when Apple rises in a big way, that the rest fo the market will follow suit, and that will, no doubt, be true with the Nasdaq today, but there is a good chance
My Swing Trading Approach August tends to be a rather bearish month for the market. But then again, we’ve seen the bears blow every opportunity that comes their way. I’m sure seasonal opportunities won’t be seized upon either. I plan to cover my one short early on here if this market decides it wants to
My Swing Trading Approach I’m net long following Friday’s inability to sustain a sell-off to the downside. With the rally back, I flipped back to the long side. I would like to add a couple of more positions today, should the rally off of Friday’s lows continue.
Breaking the 50-day Moving average may change the feel of this market all together. The 50-day moving average has held strong for this market since last year's election. There has been a few breaches around the 50-day MA, so it hasn't been a clean hold every time, but in large part, despite the breaks that
Market Not as Skittish About International Conflict Of late, I have noticed that the ties between the political fanfare and the stock market is becoming less and less. Until late, anytime Trump tweeted about anything that had the slightest connection to the stock market, the stock and/or industry it was associated with, woudl have a
The Wall of Worry The market isn’t giving us those warm, wholesome feelings, but that is what climbing the wall of worry is all about. Everyone is paranoid, traders with a concept of risk, are looking over their should the whole time, wondering when is this thing going to end. Meanwhile, others can’t take it
Show some follow through Friday’s move was quite subtle but very strong as well. What started off as a day trading sideways like each of the days of the past eight trading sessions, changed its tune in the afternoon and broke out of the short-term price range and rallied to new all time highs by
The Fourth is Strong with this Market For a moment there, just a moment, it looked like the market was going to lose its marbles and actually experience a legitimate sell-off yesterday. But nope, it didn’t and now you have “May the Fourth” playing Jedi mind tricks on the Wall Street bears in the pre market