My Swing Trading Approach Following an epic rally in equities yesterday, I am going to stand back and watch the price action this morning, to see whether continuation is in the cards today. I sold NFLX yesterday in the morning for a +1.3% profit, but quickly jumped back in following Powell's positive comments and now
My Swing Trading Approach I took two swing-trades yesterday, and managed to hold them overnight, which has been a rarity of late. They are poised to gap higher with pre-market strength. I will look at adding another position today, but won't be overly aggressive in doing so.  Indicators Volatility Index (VIX) - While SPX finished higher,
My Swing Trading Approach Yesterday I found myself day-trading the market again. Not the ideal situation, but considering the after hour news that hit with Trump and tariffs on China, it turned out to be a good decision. Two trades yesterday, both winners, with AMZN yielding +1.4%. I am open to playing the market in
My Swing Trading Approach I hate these gaps higher, as it carries a far greater amount of risk coming into the trading session, considering how many of them the market has faded over the past two months. Nonetheless, I'm 100% cash, and didn't participate in Friday's sell-off. I am looking to trade in either direction
My Swing Trading Approach Once again, yesterday was a day of day-trades for me. I faded the early market intraday bounce yesterday twice, First time, I was quickly stopped out for a small loss, and the second time I profited, allowing me to be profitable overall on the day, despite a market sell-off. Today, I
My Swing Trading Approach I took a day-trade in SPXU yesterday for a +4% profit, after I was knocked out of my two long positions at the open. Sitting in cash now, and would obviously like to still be in $SPXU, but I would simply be chasing it to get back in here. Also, with
Technicals are pretty much a disaster for all the sectors. Except for Staples and Utilities, which are actually on the up and up, but that is to be expected when the street is looking for safe havens for its capital. The bulls have suffered for five weeks strong, and it is showing on the charts
My Swing Trading Approach Put my stops in on my current trade setups, look for a washout in the market that allows for a possible bounce from there. Otherwise, I don’t plan to trade this market at all today, unless a bottom can be put in place first. The potential for a very nasty market
My Swing Trading Approach The bulls look to extend Tuesday’s rally, and I will attempt to add 1-2 quality trade setups as well as long as the early morning strength manages to hold. Indicators
My Swing Trading Approach I went from a neutral portfolio to adding two new long positions and closing out my short position yesterday. I’ll look to add another long position today, if the market is able to follow through to the upside yet again today. Indicators