Discretionary Sector (XLY)

Episode Overview What's the differences, advantages and disadvantages of swing trading vs day trading vs position trading, and what does it mean to be either of them? Also in this episode, Ryan explores one trader's questions about trading index funds only and provides the bigger questions that this person should be asking himself. 🎧 Listen

$XLY breakout of its base. Watch for the retest and gap fill off of support.

Episode Overview For working traders or those with a heavy family load, it can be difficult combing through hundreds if not thousands of stocks looking for that one quality swing trade setup. In this episode I talk about how one can trim down the stocks that they have to follow as well as trading off

Episode Overview Ryan Mallory answers a slew of questions about swing trading stocks, ETFs, and the ideal time to get short. 🎧 Listen Now: Available on: Apple Podcasts | Spotify | Amazon | YouTube Episode Highlights & Timestamps [0:56] Aggie’s Follow-Up QuestionsListener Aggie returns with a packed email full of swing trading questions, setting the stage for a wide-ranging discussion. [4:56] ETFs

Discretionary as a whole, looking very vulnerable on the daily and weekly charts. Close to breaking major support here. $XLY

AMC Entertainment (AMC) pulling back to its long-term trend-line. Bulls are in a do-or-die moment here for the stock, as a move below $10 becomes much more likely, if the trend-line fails to hold. Discretionary ETF (XLY) with a double top trying to confirm. Target (TGT) Textbook double top forming, but shorting it here, could

I don’t have any issues with any of the sectors right now except for Energy.  Energy is seriously the most unpredictable and untradeable sector right now. Nothing holds to the upside, and just when you think a stock is breaking out, it reverses course and breaks down on you. 

A lot of trend-lines breaks and topping patterns are forming The safe sectors is where big money is putting its capital. Utilities are practically on the brink of new all-time highs. I’d also like to add stocks supporting the military or have big dollars in the Pentagon defense budget are also holding up well and

The market is shedding its bullish act, and taking on a much more bearish tone.  Jerome Powell’s circus yesterday, coupled with Trump’s untimely Chinese tariffs tweets today, has instantly put this market into a tale-spin. Short -term support levels are being violated across the board, and traders are being whip-lashed all over the board. The

Very bullish look to the market. Maybe some pullbacks to existing trend-lines in order.  I can’t find much to say that is negative about this market. Trade War headlines have died down and the Fed (for reasons beyond any reason) are still wanting to lower rates even though the market is at all time highs.