Equities are overbought and the Reversal Indicator Agrees We’ve seen for the past 10 years how a market can get overbought and stay overbought for a very long time, and for the past couple of weeks, the market has been extremely overbought, and there are signs that the buying is exasperated as indicated by the
My Swing Trading Approach I closed my sole short position at the market open yesterday and added two additional long positions. I’m open to adding another long position today, as long as the market holds up, and doesn’t attempt to give back yesterday’s gains. Indicators Volatility Index (VIX) – Small drop yesterday considering the overall market’s
Wednesday’s Swing-Trade Setups: Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the SharePlanner Trading Block and start making some profits for yourself! Long FLIR Systems (FLIR)
There’s not a lot stocks to swing-trade short out there… With that said, I haven’t taken a short position in any of these stocks listed below, and even though I had a short position coming into the day, that was quickly closed out at the open. The bulls made a big move today and that
My Swing Trading Approach By adding a long position yesterday to the portfolio, it balances out the short position that I am also carrying into the day from last week. I’ll look to aggressively add 1 to 2 new long positions in the early going.  Indicators Volatility Index (VIX) – A very dull session for the
Tuesday’s Swing-Trade Setups: Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the SharePlanner Trading Block and start making some profits for yourself! Long Spotify Technology (SPOT)
I’ve added one long position, simply because this market has no idea what it is trying to do here, and I don’t either, and instead of having just one short position, I also added an appealing long position in the SharePlanner Trading Block to give me some options to work with here.Â
My Swing Trading Approach I added a short position on Friday, it hasn’t done anything for me to this point, and with futures pointing higher, I’ll likely have to get out and get back on the long side. Right now it is pretty fluid, so the idea that the market could close the gap at
Monday’s Swing-Trade Setups: Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the SharePlanner Trading Block and start making some profits for yourself! Long Illinois Tool Works (ITW)
My Swing Trading Approach I closed my position in SPXU yesterday to avoid a late day rally in the market (SPXU trades inversely to the market) for a +2.4% profit. Yeah, I wouldn’t mind having it here at the open still, but I can always get back in it with the right risk/reward setup. I