Latest episode of my Swing Trading Podcast is up. You can check it out below, or download it on iTunes or Soundcloud. Your choice.
My Swing Trading Approach I booked some profits and cut my long exposure yesterday, while adding a short position and making my portfolio “neutral”. I’ll add more short positions today if the current pre-market weakness persists.
Today’s stock picks August has been a great month of trading so far. I’d encourage you to give it a try and make the rest of 2017 the best five months of your trading careers! Long Avery Dennison (AVY)
Obviously the bears had a fairly difficult time keeping the bulls down from last Thursday’s sell-off. In fact, pretty much all the losses the market incurred by that sell-off has been wiped away already.
My Swing Trading Approach Playing it cautious for now, as I am willing to get short again if this bounce dies out. Maintaining my long positions for now.
Today’s stock picks We are off to a good start of trading for August. I’d encourage you to give it a try and make the rest of 2017 the best five months of your trading careers! Long HollyFrontier (HFC)
My Swing Trading Approach Shorts look like the outcast yet again. The bounce yesterday and the pre-market one today, makes the long setups the only relevant trades to consider.
Today’s stock picks We are off to a good start of trading for August. I’d encourage you to give it a try and make the rest of 2017 the best five months of your trading careers! Long Atmetek (AME)
The bears had their chance, and as they always do they blew it. The S&P 500 has nearly wiped away all the losses on the month so far, and the bears are just getting squeezed all day long.
My Swing Trading Approach Futures are up. I like my short positions that I have, I don’t trust the bounce one bit, so I’ll likely move to neutralize my portfolio bias, with additional longs, if the bulls decide to run with this today.