Stocks

Technical Analysis: Yesterday was peculiar in the price action that unfolded on the S&P 500 (SPX) where price greatly retracted at the close of the day and gave up most of the day’s gains. This is indicating to me that market strength is being used to book recent profits.  Should this happen again today, and more

The Swing-Trading Edge has offered unbelievable opportunities for traders, and I expect the same heading into December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription, you will get each and every trade that I

Technical Analysis: Price action yesterday on S&P 500 (SPX) broke below the previous day’s trading action for the first time since 11/4 when the market capped off a 9-day losing streak.  Also of note, for the first time since the Monday before the election, SPX dropped below, and closed below its 5-day moving average.  Russell 2000 (

The Swing-Trading Edge has offered unbelievable opportunities for traders, and I expect the same heading into December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription, you will get each and every trade that I

Technical Analysis: The S&P 500 (SPX) traded higher in each of the four trading sessions last week, and closed at new all-time highs at 2213.  With the election behind us, the market should start to turn its attention to the Federal Reserve and the eventual rate hike that will come on December 14th when the next FOMC

The Swing-Trading Edge has offered unbelievable opportunities for traders, and I expect the same heading into December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription, you will get each and every trade that

Technical Analysis: Two major milestones achieved yesterday, with the Dow Jones Industrial Average (DJIA) reaching 19,000 and S&P 500 (SPX) passing 2,200 for the first time.  The market has continued along the lines of Thanksgiving being a reliable ‘bullish’ week for the market. The Wednesday before Thanksgiving has a history of being reliably and consistently bullish as well.  Since

Technical Analysis: Strong rally on S&P 500 (SPX) yesterday to jump start what is historically a bullish week of trading.  As has been stated in previous trading plans, the 5-day moving average continues to remain intact for the market as well as being tested on a daily basis.  Volume on SPDRs S&P 500 (SPY) dropped yesterday from the

Technical Analysis: Inside day (candle body contained inside the previous trading day’s body) of trading yesterday on S&P 500 (SPX) yesterday, that kept the current uptrend intact.  The 5-day moving average held strong on Friday.  Volume on the SPDRs S&P 500 (SPY) increased for a second straight day, but still remained below recent averages. Enthusiasm on the

Technical Analysis: Strong move from the market yesterday, with the S&P 500 (SPX) rising another 0.5% and just six points away from new all-time highs.  Currently SPX is underway on the second leg of the bounce that began last week. If it is anything like the Brexit bounce it should still have more room to run