• VIX at 10 Holds the Keys for the Bears

    One interesting note that I’d like to put out there on the VIX right now and that is the tendency for stocks to stay relatively bullish until the VIX drops below 10.

    By |Published On: September 14, 2017|1 min read|

  • Swing Trading Strategy Report #23

    My Swing Trading Approach Keeping a slightly bearish portfolio here as the bulls continue to show the inability to rally this market thorugh key resistance levels. Though I am ready to flip to the long side if necessary.   Indicators

    By |Published On: August 28, 2017|3 min read|

  • I Reduced My Long Exposure Some Yesterday

    Yesterday’s rally didn’t quite seem there was a great deal of conviction behind it. Perhaps with the Fed set to release its FOMC Statement today, we’ll get the market to provide us with a decent size move. Over the past four trading sessions, the market has been rather quiet. 

    By |Published On: July 26, 2017|3 min read|

  • The Pullback That Never Was

    3 days of selling of less than one point per day That is what SPX has averaged over the course of the last three days when it finished lower each day - less than one measily point. For the bears that has to be infuriating.  I don't blame them - I would be too, if

    By |Published On: July 25, 2017|3 min read|

  • Short-Term Support Held and Dip Buying Still in Effect

    Support holding strong, dip-buyers still flying in at any moment of weakness. Yesterday was a sound day for the bulls from a technical standpoint. For one, the S&P 500, by a large margin, saw a huge uptick in volume from the day before. Which is good, because I kind of thought the market was dying

    By |Published On: July 19, 2017|3 min read|

  • Stocks Ready to Breakout Again

    Stocks ready to bust a move despite yesterday’s freakout That was a fast, hard, sell-off that came out of nowhere yesterday and looked like it was going to really bring down the market in a big way, until the Senate announced that they were going to do their job and actually work and not take

    By |Published On: July 12, 2017|3 min read|

  • Declining Channel Remains Intact

    The rally took stocks right up to the 20-day moving average before selling off at the close For the past couple of weeks that 20-day moving average has been an absolute pest to the S&P 500 and traders as a whole. Today it kissed the MA and then sold off hard right thereafter into the

    By |Published On: July 11, 2017|3 min read|

  • Sell-off Negated For Now

    I would have loved to of seen a greater pullback in the market And maybe we still get it right here, but Friday’s bounce was highly problematic for the bears. Simply put, they had the market, as they have had time and time again, on the ropes, with a breakdown in key support. All that

    By |Published On: July 10, 2017|4 min read|

  • Can The Stock Market Do Something With Yesterday’s Breakdown?

    Yesterday's sell off provides bears with a new opportunity At the midpoint yesterday it looked as if the market was going to enjoy another one of its intraday "V" shaped bounces that we have become accustomed to. But just as it was about to rally back to green, the market went on a massive sell-off

    By |Published On: July 7, 2017|3 min read|

  • Patience to Find the Right Trade Setups

    It was just last Thursday when the S&P 500 was on the cusp of a breakdown.  Since then, it has been up, up, up. But only 13 points to show for the 3-day rally in the stock market. And each rally has been of mixed signals, with the Nasdaq down the first two days of

    By |Published On: July 6, 2017|3 min read|