My Swing Trading Approach I held all my positions overnight, while adding one additional play to the portfolio. I will be raising my stops today, while also playing it cautious as today is the last day of the quarter. Indicators […]
My Swing Trading Approach I closed my swing-trades in JEC at $76.80 for a +3.8% profit and CRM at $158.60 for a +3.1% profit. I am open to adding another long position today should the market cooperate and allow for it. Yesterday’s sell-off creates some concern as to whether a [...]
This week’s edition, if you want to call it that, of the SharePlanner Reversal Indicator has some unexpected bearishness. Obviously, last week had its share of bearishness but I never thought it would be enough to to trigger a bearish reversal in the market. But considering that breadth has not [...]
The bulls should continue to push this market higher, despite the selling seen today. Sure the market is overheated and overbought, but it can stay that way for quite some time, before rationale minds start to take profits. […]
My Swing Trading Approach Should the early morning strength hold, I will look to add 1-2 new long setups to the portfolio this morning. Indicators […]
‘Da Bears are back in in charge. And just like that we are looking at another test of the 200-day moving average on the S&P 500 (SPX). On the Nasdaq 100 (NDX), you have a head and shoulders pattern forming, though not yet confirmed. […]
My Swing Trading Approach I added one new position, while subtracting another, Bank of America (BAC), for a 4.2% profit. I will look to add one additional position before the end of the day today, should the market hold up. Indicators […]
My Swing Trading Approach I am still playing this market cautiously. I will consider adding another long position to the portfolio, but won’t do it on anything less than ideal trading conditions. Right now the headline risk is notable, and prevents any significant long exposure in this market. Indicators [...]
My Swing Trading Approach Going to take a cautious approach with this market today, with the pre-market futs as weak as they are. Raise stops where I can, and even consider a short position if the market warrants it. Indicators […]
My Swing Trading Approach I am still taking a cautious approach with this market while it is stuck in consolidation. I added one new position yesterday, and may add another today, but will not be overly aggressive with my trading, until we can get some kind of breakout. Indicators [...]
If you have traded this market at all over the last two weeks - you know two things for certain: 1. The price action is unpredictable! and 2. Volatility is Crazy! If you survived or took minimal losses during this time, you are doing quite well relative to most everyone [...]
Stock Market has yet to see anyone even remotely try and buy the dip There isn’t insane volume sweeping the market today, like what we saw back in February, but the extent of this sell-off is quite extreme, especially for one day. There is plenty of news headlines hitting the [...]
