Shooting star candle stick pattern is the theme for today's video. As always, be sure to subscribe to my YouTube channel, so that you are notified anytime there is a new video! Â
There are a lot of positives and a lot of negatives in this market right now. Not all sectors are soaring as you might think. A lot of them are downright miserable. There are also a lot of failed patterns breakouts as you will see below. Those lead the way in terms of worst sectors
My Swing Trading Approach Some resistance lingering overhead that I note below, and providing issues for the overall stock market. I will consider adding another position to the portfolio today, but won’t allow myself to stretch too far out. I will look to protect profits on existing positions as my #1 priority. Indicators
Here's my video on swing-trading in the stock market, when price conditions are choppy and unpredictable. Be sure to subscribe to my YouTube channel to get notified whenever I post a new video!
Whether Trump plans to pull out of the Iran deal remains to be seen. Personally, I think he pulls out, but you have conflicting reports between CNN, who says he stays, and Bloomberg who says he leaves.Â
My Swing Trading Approach I added and subtracted from my portfolio yesterday. While, I would like to still be in an oil play going forward, I don’t want to be in one ahead of Trump’s Iran announcement. I’ll likely play it cautious ahead of the announcement at 2pm eastern. Indicators
Tuesday’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 Splash Zone and start making some profits for yourself! Long Texas Instruments (TXN)
Good start to the week. The bulls are certainly trying to run this market through the 50-day moving average. So far it is providing some resistance for the bulls, and that means we'll need to keep a close eye on things, to make sure we are ready to book gains, should another sell-off occurs again.Â
My Swing Trading Approach I’m taking as much from the market as it is willing to give. Meaning, I am not overly committing to the long side, but if there are opportunities to take advantage of, I am going to take them, while raising stops to protect existing profits. With recent market choppiness, I want
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 Splash Zone and start making some profits for yourself! Long Cisco (CSCO)