Technical Analysis

My Swing Trading Strategy I attempted to play the bounce in the Nasdaq yesterday, but as the day were on, it became obvious that no such bounce was going to happen. I got out of the trade for a whopping $0.01/share profit. I won’t brag too much about it. I also was knocked out

My Swing Trading Strategy I day-traded TQQQ on Friday, but sold it before the close for a 4.4% profit. I added one additional position on the bounce on Friday, but will be focused on managing the risk and honoring stop-losses this morning on existing positions, with the huge gap lower this morning.  Indicators Volatility

My Swing Trading Strategy Another gap down this morning, which obviously doesn’t bode well for a market that has yet to finish in the green this week, and on track to have its work week so far of 2019. I played TQQQ for a day-trade yesterday and a +2.3% profit. On the flip side I

My Swing Trading Strategy Today is about managing risk. At this stage, the bulls simply can muster enough strength to bounce this market, so it looks to be more than your simple pullback that you buy the dip on. Not looking to add anything on this dip today, unless there is a convincing bounce

My Swing Trading Strategy I took profits in one position while getting stopped out of two others for losses. Not an ideal day of trading, but nonetheless, I did add one new position in the afternoon yesterday to play the end of day bounce. I may add another long position today, if the market can

My Swing Trading Strategy I added one new position yesterday on the market dip, early in the trading session. While the market is pointing towards another lower open, I’m hesitant to do so again, unless there is a very strong and convincing bounce.  Indicators Volatility Index (VIX) – VIX popped 20% yesterday, but saw readings at

My Swing Trading Strategy I’m not coming into today with a lot of long exposure. I have three positions to contend with and will raise the stops where possible. Today’s extreme gap down will make getting short without some kind of dead cat bounce first, a difficult proposition. May be a day to just

My Swing Trading Strategy I closed out Two trades yesterday, One for a profit and the other for a loss. yesterday’s whipsaw price action took created a little havoc for traders, however, I am coming into today with both long and short exposure, but don’t expect the short exposure to last long into the market

My Swing Trading Strategy I closed out two trades yesterday that essentially cancelled each other out (small loss/small profit). I added one new position to the portfolio. However, I am hesitant to add a new long position in the face of what we saw yesterday with the large wave of afternoon selling. If it that

Episode Overview The FOMC Statement that is released every six weeks by the Federal Reserve, represents one of the most volatile periods of the stock market on an intraday basis. Their decisions they make, carries a huge impact not only the day of the statement, but in anticipation of and in the days that follow.