My Swing Trading Approach Profits were taken on Friday as a result of Saturday's G-20 uncertainty (yes, we could easily have opened up -40 points on SPX if there was an escalating of tensions). In particular, I took profits in NFLX of +6%. I'm open to adding long positions, but I think the market is a
My Swing Trading Approach I took profits in my trade in Visa (V) for a +2.4% profit yesterday, and added another swing-trade later in the day. Holding +7% in profits with Netflix (NFLX). I don't expect to add anything today ahead of the G20 Summit, but instead will look to add more swing-trades, if the
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
My Swing Trading Approach I'm coming into today with two long positions, following a 100% cash position at the start of Friday. I will look to add 1-2 new long positions today, if the bulls manage to reverse the morning's slight weakness and rally the market higher. Indicators Volatility Index (VIX) - VIX saw a dramatic
My Swing Trading Approach I closed out my two swing-trades that I had open in SQ and NFLX for +5.3% and +1.4% respectively. I am now back in cash. And will consider getting back long or flipping to the short side, depending on the market's action today. Indicators Volatility Index (VIX) - Yesterday's VIX candle suggested