Market is up strong so far today, though the entire day can be captured really in the first 15 minutes of trading.
It will be interesting to see what happens when traders get back from the lunch hour and whether they try to pop this market up into the close.
Ideally, I want to see us close above 1940, but preferably above the 2/1 highs of 1947. If that happens, the bulls have regained full control of the market. And if you are a bear at that point….what are you waiting for? Cover for Pete’s sake. Don’t try to be a hero.
Below is my watch-list. I’ve had to cut a lot of them simply because they have already been on a hard run for me already. But there are plenty of stocks left with solid risk reward setups, and if the market continues to improve, I’ll be adding more of them. Today alone, I’ve already added two new swing setups.
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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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