My Swing Trading Approach Low volume market today and for the remainder of the week. I am not looking to add much to the portfolio this week. Indicators
My Swing Trading Approach Not looking to force anything during this last trading week of the year. Light volume will limit new opportunities. Indicators
My Swing Trading Approach My first priority will be to manage my current positions. I may add an additional long position to the portfolio if the market cooperates, but likely, I will simply stay put. Indicators
My Swing Trading Approach I’ll look to add another position to the portfolio today, should the market strength hold up, in the early going. I expect light volume from now until the end of the year. Indicators
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
What was that yesterday? Where was the volume? That had to be one of the least interesting trading days in my entire trading career. I mean, it was horrible, miserable – and outright boring.Â
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
I suspect that the holiday volume will persist into the week. Anytime you have a week where there are only 3.5 trading sessions in total, you can expect that much of Wall Street will take the week off and enjoy an extended vacation.Â
Technical Analysis: For the past eleven trading sessions, the S&P 500 (SPX) has traded in a sideways trading range. This isn’t unusual for this time of the year as the volume dries up and the big players on Wall Street head to the Hamptons and neglect the market. Tomorrow will formally start the Santa Rally, which is
Technical Analysis: Quiet day yesterday for the stock market as the S&P 500 (SPX) pulled back a meager 5 points. Volume on SPDRs S&P 500 (SPY) was dropped significantly from the previous day’s reading and was well below recent averages. You can expect even lighter volume today and tomorrow as more traders leave for the Christmas holiday. Price