Volatility Index (VIX)

My Swing Trading Approach I continue to book profits in trades along the way, where it makes sense. Yesterday, I closed out my trade in Twitter (TWTR) for a solid +4.7% profit following a candle and lack of breakout that was less than desirable. Nonetheless, I managed the profits and made a good trade out of it. I am

My Swing Trading Approach Coming in lighter than I was before with only 3 positions in the portfolio, after closing out Micron (MU) for a +7.8% profit and FedEx (FDX) for a +1.4% profit. I’ll be looking to add 1-2 new long positions today to the portfolio, assuming that market conditions will

My Swing Trading Approach I didn’t add any new trades to the portfolio yesterday, but may look to do so on the morning weakness we are seeing so far in the pre-market. I will also be increasing my stops-losses on my existing and profitable positions.  Indicators

My Swing Trading Approach While the last three days have been solid for the bulls, it is coming on fairly low volume overall. As a result, I may pause here and let the current positions do the work, while making sure that I don’t stack my portfolio with too many more positions, until the market

My Swing Trading Approach On Friday, I added one new position to the portfolio, which was in the tech sector. With my portfolio is mostly in cash (70%)  and 20% tech, any additional trades will be outside of the sector. I also will look to tighten my stops in my existing trades where feasible. Volume

My Swing Trading Approach I didn’t pull the trigger on any new trades yesterday, as I wanted to hold out until today to see whether the market would provide us with the necessary follow through to the upside. I also booked some profits yesterday in one of my trades, as price action faded into the

My Swing Trading Approach I have more positions today to the long side, then I did, coming into yesterday. I need to see that this market is serious about holding on to today’s gains, and following through to the upside tomorrow. As a result, I may hold off adding any new positions today, and at

My Swing Trading Approach It remains to be seen whether the bulls are going to manage a “buy the dip” reaction to the morning’s pre-market gap down. Should that happen, I’ll likely add to the long exposure already in the portfolio. Should it not, reconsidering the short side comes into view yet again.  Indicators

My Swing Trading Approach I am coming into today 100% cash, I closed my one short position yesterday for a profit. I am not totally sure where this market goes from here. We could see a bounce, but there is also little support underneath until 2801 on SPX is reached. I plan to watch

My Swing Trading Approach At least standby for the first 30 minutes of trading this morning before making any decision on market direction. Volume picked up on the selling to the downside on Friday with an above average volume reading. I will not be making a ton of moves today as I remain nimble and