• My Swing Trading Approach We are stuck in a 13-day consolidation pattern. That sucks on many, many levels. But it’ll breakout one way or another. However, the market isn’t providing what I would necessarily call a clear-cut edge. As a result I have been booking profits where it makes sense. Right now, I am net

    By |Published On: August 7, 2017|3 min read|
  • 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. 

    By |Published On: August 4, 2017|3 min read|
  • Absolutely no gusto in this market at all The market tried to make new all-time highs today, but the level of interest by the bulls to push this market higher has been very lackluster today. And inherently that is the problem with getting long on this market, despite it being the only choice traders have

    By |Published On: July 17, 2017|1 min read|
  • I suspect that the holiday volume will persist into the week. Anytime you have a week where there are only 3.5 trading sessions in total, you can expect that much of Wall Street will take the week off and enjoy an extended vacation. 

    By |Published On: July 5, 2017|3 min read|
  • Futures are surprisingly making a move in the premarket Whether it holds will be a whole other question. Gap highers tend to be shakey business of late. Even Friday, where the market was solid all day long, chose to sell off in the final 10 minutes of trading and wipe out about 80% of the

    By |Published On: July 3, 2017|3 min read|
  • Stock market is on shaky ground That doesn't mean the market is simply going straight down from here - if it were only that easy. That's because, despite the sudden bearishness that has been prevalent throughout this week, there is still that pesky dip buying mentality of the stock market that won't let the 8

    By |Published On: June 30, 2017|3 min read|
  • Nasdaq selling off again, SPX flat The technology purge looks to resume again this morning, while most of the overnight gains have been lost by the large caps. This market is becoming a bit less predictable in the latter half of this month. yesterday's bounce looked reminiscent of the bounce following the May 17th sell-off,

    By |Published On: June 29, 2017|3 min read|
  • Buy Machines Continue to Bounce following One Day Sell-offs If the premarket is any sign of what looms for the market today, it will be yet another hard bounce following a one-day sell-off. 

    By |Published On: June 28, 2017|3 min read|
  • Stocks and Indices continue to trend sideways Outside the first trading day of the month, the market has absolutely gone nowhere. Stock trends in general have been totally sideways or in more technical terms, “consolidating”. 

    By |Published On: June 27, 2017|2 min read|
  • James Comey done talking, Dodd-Frank Repealed in House, and Bristish Snap Election Surprise Only the James Comey hearing seemed to matter to the talking heads today, but key Dodd Frank regulations being repealed by the House, and Theresa May possibly being ousted after surprise gains by the Labour party crippled her majority. Futures have been busy

    By |Published On: June 9, 2017|3 min read|