My Swing Trading Approach I didn’t add any new positions to the portfolio yesterday, but did book profits in Netflix (NFLX) for a +2.2% profit. The market though continues to sell off in the afternoon rendering any morning strength meaningless, which is making it difficult for adding new positions to the portfolio. Until that
My Swing Trading Approach My concern in the current market is the willingness of any strength being faded in afternoon trading, particularly as it pertains to morning gaps higher. The plan here, is to continue increasing stops, but unwilling to over commit to adding too many positions too quickly. Less is better, until the bulls
My Swing Trading Approach Strong momentum right out of the gate today and the potential this week for a move back to all-time highs, will have me looking for 1-2 new long setups today.  Indicators
My Swing Trading Approach I held all my positions overnight, while adding one additional play to the portfolio. I will be raising my stops today, while also playing it cautious as today is the last day of the quarter. Indicators
My Swing Trading Approach I closed my swing-trades in JEC at $76.80 for a +3.8% profit and CRM at $158.60 for a +3.1% profit. I am open to adding another long position today should the market cooperate and allow for it. Yesterday’s sell-off creates some concern as to whether a rally can be sustained here.Â
My Swing Trading Approach With the FOMC later today, I will take a conservative approach to the trading day before us. If the market cooperates today, I won’t look to add more than one other long position. Indicators
My Swing Trading Approach I reduced my long exposure yesterday, after hitting my stops in two of my trades, and adding one new additional trade. With the market gapping higher, I plan to play it cautious today and see whether the bulls can hold the gap up this morning. Indicators
My Swing Trading Approach I am concerned the bulls are running out of steam here, and while, I can still be motivated to add more long positions to my portfolio, I will need to see the action in the broader market show the willingness to break through some overhead resistance. Indicators
My Swing Trading Approach The bulls managed to hold the breakout to all-time highs, and at this point there is little reason to be attempting a short on the stock market. I will look to add one more swing-trade position today. Indicators
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