To describe this market, there is no chart, and no analysis that can do it better than this random Russian guy deciding to go down a metal slide.
The results speak for themselves and for the state of the current market:
Needless to say, even though the bears have owned this market (sort of) over the past three weeks (and now trying to make it a rare four), the journey has been nothing but smooth to the downside.
By the way, check out this gem of a short setup I found today. I shorted Alphabet, aka Google (GOOGL) at $728.63 in the SharePlanner Splash Zone and so did members, and now it is trading comfortably in the $719’s.
If it can clear $700, I think it is likely it will see $675 thereafter.
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. Support this podcast: https://podcasters.spotify.com/pod/show/swingtrading/support
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.
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