Trading Notebook: $VZ $CMG $ADT $JCI $TWLO
$VZ price level resistance pushing back on the bounce that started two weeks ago. Even if it pushes through that, there is strong declining resistance that has to be dealt [...]
Trading Notebook: $SPOT $HOOD $OKTA $WYNN
$SPOT pullback could see a bounce off of this major price level. $HOOD false breakout yesterday of the bull flag, giving it another shot today. $OKTA neckline of the inverse [...]
Trading Notebook: $XLC $XLV $MCD $TDOC
Strong potential with $META and $GOOGL earnings out of the way, for a pullback to the rising trend-line on $XLC. Ideally, I'd like to see $XLV spend a few more [...]
FOMC Statement & What What It Says
What they are saying: So, our economy's chugging along alright, we've got jobs and our banks are tough. But stuff's costing a bit more than we want. It might get [...]
Trading Notebook: $RTX $DHR $ILF $SPOT
$RTX post earnings reaction was extreme to the downside, but managed to hold a key support level from 2021 and bounce from there. $DHR attempting to breakout and push through [...]
Trading Notebook: $DWAC $AMC $FRSH $RIVN
As mentioned on Friday, $DWAC pumps are short-lived, and the same thing happened yet again as it has happened in the past. These pops in $AMC, like the one today, [...]
Trading Notebook: $ROKU $DWAC $DKNG $SNAP
$ROKU bull flag right around the breakout level. I prefer waiting until after earnings, before making a move this stock due to the heightened risk. $DWAC pumps have historically been [...]
Trading Notebook: $AMD $GD $UAL $CVNA $BP
$AMD double top may not be done with price confirming a bear flag breakdown. $GD reports earnings on 7/26 so not worth trading before then, but certainly a nice cup [...]
Trading Notebook: $NIO $SPOT $LMND
Nice bounce off of 3 nearby support levels so far for $NIO, but be mindful of $TSLA earnings today that could have a significant impact on the stock (for better [...]
Trading Notebook: $XLV $DXY $JETS $PRWM
I'm leery of these breakout attempts on $XLV, like the one seen today, as the last three have all resulted in head fakes. $DXY descending triangle confirmed to the downside. [...]
Trading Notebook: $MTCH $XLE $JETS $BABA $DIS
$MTCH broke out and through its declining trend-line. I'm watching whether it pulls back to the trend-line and declining support for a potential bounce. $XLE coming back to test the [...]
Swing Trading and Earnings Season: A Strategy for Consistent Profitability
With the arrival of every earnings season, the stock market reverberates with a heightened sense of volatility. Swing traders, who thrive on short-term trends and pricing fluctuations, often find themselves [...]