My Swing Trading Strategy Busy day yesterday, I started the day out long and strong, and just following price action, managed to somehow end the day with just a short position remaining in the portfolio. I closed Tesla (TSLA) for a +4.6% profit, then I closed Alibaba (BABA) for a +2.1% profit, McDonald’s (MCD) for a +1% profit and a Day-Trade in Square
My Swing Trading Strategy I made quick work of a day-trade in Square (SQ) yesterday for a +1.3% profit. Outside of that I sat on my hands, as the market is in very low reward/high risk territory when it is 1% below the all-time highs. Until we can push through that level, I’ll temper my expectations
Light volume prevails on Wall Street during Rosh Hashanah While Rosh Hashanah ends tomorrow, you can expect the volume today and tomorrow to be rather light. I’ve closed out my sole short position and added a long position to the portfolio and plan on staying put from here on, until the rest of the day.
My Swing Trading Strategy I booked profits in Square (SQ) yesterday at $59.01 for a +2.6% profit. Not as much as I would have liked, but it simply could not push and stay above the resistance at $60. I added two additional new trades yesterday as well including a short position on SPX. Indicators Volatility
The market is off to a crazy start with oil and small caps leading the way. I’ve added one new position to the portfolio this morning and going to sit on my hands the rest of the day. I’ve got a long position in Alibaba (BABA) that I came into the week long with
Friday’s Swing-Trades: $MA $WYNN $SQ Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the SharePlanner Trading Block and start making some profits for yourself! Long: Mastercard (MA)
My Swing Trading Strategy Profits were booked in Regions Financial (RF) for a +3.1% profit. I also closed out Square (SQ) at just a shade above break even due to the earnings and market pressures. That became a mute point for the stock though. I added one position yesterday, and will look to add one more today too.Â
We are all familiar with traditional stock market cycles, but what about the market cycle within a bull market rally and what does that look like? More importantly what clues does the market provide within a bull market that can help us better understand when the rally is going to be coming to an end?