Discretionary

My Swing Trading Approach I added one additional lon position yesterday and will likely hold off here before adding anything else to the portfolio.  Indicators Volatility Index (VIX) – A push into the close, kept the VIX near its highs of the day. Potential for another test of the 20-day moving average today, which has resulted

My Swing Trading Approach I booked profits in Alibaba (BABA) yesterday at $183.29 for a +7.8% profit, along with Advanced Micro Devices (AMD) at $24.98 for a +3.7% profit. I added one additional position yesterday, but overall reduced my overall long exposure.  Indicators Volatility Index (VIX) – A much bigger pop than what we have seen

My Swing Trading Approach I did not sell any of my positions ahead of the bell on Friday, and I added one more long as well. I may add one additional trade to the portfolio today. I do plan to further tighten my stops on existing trades as well.  Indicators Volatility Index (VIX) – VIX is

Technicals are pretty much a disaster for all the sectors. Except for Staples and Utilities, which are actually on the up and up, but that is to be expected when the street is looking for safe havens for its capital.  The bulls have suffered for five weeks strong, and it is showing on the charts

Market’s have rebounded well since the sell-off that led to a test of SPX 200-day moving average.  Following today’s CPI report in the pre-market, and the subsequent sell-off, I was ready for the market to begin its selling yet again, so I raised my stops to protect all profits. 

Beyond the technical analysis of the overall market, it is critically important to keep tabs on each sector, to know where the strength lies.  For instance, had you invested in utilities over the past two months, you would be down royally, on your trade, while the rest of the market rallied. The same could be

My Swing Trading Approach Not trusting the market here, unless it can show me it wants to play nice. I’ll add more positions to the long side, but the market needs to show it wants to bounce.  Indicators