Stocks Watch to follow today include two longs and one short setup
Made it through the weekend without any market shaking news and so far the futures are pointing at a flat open for equities. Keep your portfolio light though, until the current price action resolves itself in one direction or the other. Still the atmosphere favors the bulls as the bears have yet to do anything meaningful with the recent slow down in price action.
Be careful out there with your swing trades.
Long FedEx Corp (FDX)
Long Trinity Industries (TRN)
Short J.B. Hunt Transport Services (JBHT)
Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
How to trade a stock split: in this podcast episode Ryan talks about the impact of what an announced forward stock split means for a stock that you are considering swing trading, or may already be trading. Also covered are the risks, and the strategy behind stock splits for investors and traders alike.
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.