The bulls are dropping the ball today, following a solidly bullish week, where SPX traded higher each day. The problems lie with big tech today, which are absolutely getting slaughtered – even Amazon (AMZN) had a moment, where it came within a few bucks of its 50-day moving average. Then you have Apple (AAPL)
My Swing Trading Approach I didn’t add any new long positions on Friday, as the market conditions and breadth was poor. I booked profits in Take-Two Interactive Software (TTWO) at $134.30 for a +2% profit. I am open to adding another position, but the bulls will need to show up in order for
Monday’s Swing-Trades: 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 Leidos Holdings (LDOS)
While we are in a relatively calm market right now, market conditions can change instantly and that is why I am talking about trading volatile markets in a relatively calm market condition. Because when things get bearish suddenly, you need to be prepared and know how you'll respond as a result.
My Swing Trading Approach Another position was added yesterday, with a solid spread across the market’s sectors (i.e. I’m not trading anything that’s in the financials or materials). Again, I will continue tightening the stop-loss on my existing positions, but adding anything new to the portfolio at this point, will require a lot of
Friday’s Swing-Trades: 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 Nvidia (NVDA)
My Swing Trading Approach I added one new additional trade to the portfolio yesterday while also raising the stops in my other positions. Still looking to be measured with any additional trades. I don’t want to be overexposed in this market. Indicators
Thursday’s Swing-Trades: 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 Invitae (NVTA)
Sectors as a whole remain bullish, despite recent market pullback. The two sectors that I like the least are the financials and the materials. Both of them look problematic, and the financials are showing more weakness today, despite already being oversold.Â
My Swing Trading Approach I booked profits in Adobe (ADBE) at $267.00 for a 2.9% profit yesterday, while also adding another tech stock to the portfolio. I am open to adding more positions today should the market continue on its current bounce of the last two days. Indicators