The bulls can make it happen here as April quickly comes to a close. Last week the bullish reversal signal came through for the market, and while, it hasn’t been a clean ride, some substantial improvement in the market’s technicals can be had here.Â
My Swing Trading Approach I have one long position coming into today. I covered my short position yesterday on SPY for a 3.1% profit. Looking to add additional long positions, as the market allows for, today. Indicators
This is a break from the usual nightly watch-list. I've put together a video about trading stocks, namely shorting stocks with the 200-day moving average in sight. Enjoy! Â
The charts on the Semiconductors simply look BAD! There is nothing redeeming about them here, and there are plenty of more earnings reports to come out on them still, including the big names like Advanced Micro Devices (AMD), Nvidia (NVDA) and Intel (INTC).Â
My Swing Trading Approach Flexibility over conviction. I want to play the market whichever direction it decides to take me. I don’t hold a strong conviction about this market either way, and as a result, I don’t want to have too much of my capital committed at once. Indicators
Wednesday’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! Short PayPal Holdings (PYPL)
‘Da Bears are back in in charge. And just like that we are looking at another test of the 200-day moving average on the S&P 500 (SPX). On the Nasdaq 100 (NDX), you have a head and shoulders pattern forming, though not yet confirmed.Â
My Swing Trading Approach Gap ups of late have been difficult to hold, but nonetheless, should it do so, I will look to cover my one short position, and add to my long positions. 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 Bank of America (BAC)
The last three day has been subtly brutish for the bulls. It is nothing like what we saw back in February and March, but nonetheless, SPX has dropped 55 points over the last three trading sessions. Like I said, not much comparatively speaking to what we saw the previous two months, but it is