My Swing Trading Strategy The last two trading sessions have seen the bulls slip in holding their intraday gains, so at this point, I am not willing to add more positions to the portfolio until the uptrend shows signs of wanting to resume moving higher.  Indicators Volatility Index (VIX) – Finished higher by a smidge yesterday,
My Swing Trading Strategy I have been away for the past week due to the passing of my mother. This will be my first day back at the helm, and ready to get after it. I am still holding two postions in the portfolio, that has benefited greatly from the market bounce last week and
My Swing Trading Strategy This has been by far the most difficult month of trading that I have ever seen. I mean, when you have a Twitter account that can bring ruin to the financial markets, it makes predictability a lot more difficult. The month of May started with a tweet fanning the flames of
My Swing Trading Strategy Expecting further downside in this market as the head and shoulders pattern on the daily chart confirmed. May see a bounce first, but overall, the volume increased yesterday and it suggests that more traders are becoming concerned and liquidating their positions. Indicators Volatility Index (VIX) – VIX only finished 2.3% higher, and
My Swing Trading Strategy I increased my long exposure yesterday by one position, however, the market wasn’t able to hold on to its early morning gains. The market could be setting up for a hard reversal higher following the morning gap down, which tends to be the more traditional bounce scenario. Indicators Volatility Index (VIX) –
My Swing Trading Strategy I tried to day-trade the bounce yesterday, but there was little juice in the market ahead of the three day weekend. I added one additional swing-trade that I held over the weekend, and will look to add 1-2 more today if this market can hold up for the bulls. Indicators Volatility
My Swing Trading Strategy I sold out of my two remaining swing-trades yesterday as their stops were taken out in the early going of trading. I’m 100% cash, but flexible with whatever direction I trade going forward. With all the selling we have seen so far this month, it wouldn’t surprise me to see us
My Swing Trading Strategy I sold Netflix (NFLX) for a +1.5% profit yesterday. I didn’t add any new positions today, and am willing to get short should the market show a willingness to sell off further this morning. Indicators Volatility Index (VIX) – Sold off for the seventh time in the last ten trading sessions.
My Swing Trading Strategy Two new long positions were added yesterday, and while I am open to adding more, the market will have to come off of its lows. I have been hesitant to add pure technology plays of late, especially those with connections with China, as they are in the crosshairs of Wall Street
My Swing Trading Strategy I came into yesterday with just one long position and I left with just one long position. I made no new trades. The market showed no willingness to commit to a direction and as a result, I stood to the side and let the market play itself out. Indicators Volatility Index