Swing Trading Watch-List: CLDX, EMN, CIE, BIDU, DNR

Another week of profits in the books and ready for the next. 

So far the market has been up six days and down six days. Futures are up nicely this evening which should translate well for the swing-trading portfolio which bagged profits of 5.2% in ALGN and 4.4% in CX among other trades. 

On the day-trading front, we added another $1,025 to the $25k portfolio to bring the month’s total to $1,863 or 7.45% in returns. 

The one thing about this market in 2014 that is for certain, is the uncertainty that it has given us. I scaled back my portfolio’s swing-trading exposure ahead of the 3-day weekend with the anticipation I’ll add more aggressively on Tuesday if the market will allow for it. 

Controlling risk is everything in trading, and the desire for gains at all costs is most traders undoing. But for me, when I manage the risk first, it takes care of the profits on the other end. 

If you’d like to get a better handle on this market’s risk and the risk you trade with, join me and Oscar and a slew of other traders and be a part of the SharePlanner Splash Zone. With it you will receive access to my chat room and receive my swing-trades and Oscar’s day-trades as well as real-time trade alerts in the form of text and email. Or if you prefer the hands-off approach you can, at no additional charge, automate my trading through Ditto Trade. Either way your portfolio will thank you for it. 

You can sign up to the SharePlanner Splash Zone by clicking here. 

Here’s tonight’s swing-trading setups:

Long Celldex Therapeutics (CLDX)

Long Eastman Chemical (EMN)

Long Cobalt International Energy (CIE)

Short Baidu (BIDU)

Short Denbury Resources (DNR)