Shorting Stocks

You’re Seeing SPX today, smash through the 2801 barrier representing the March highs, that previously acted as heavy resistance.  And you want to short the market now? 

My Swing Trading Approach Should the early morning strength hold, I will look to add 1-2 new long setups to the portfolio this morning.  Indicators

My Swing Trading Approach I will look to add 1-2 new swing-trades this morning, if the market shows it can hold its lows and bounce higher. Otherwise, I will play it cautious and look to book gains while raising my stops.  Indicators

I think the bulls are probably starting to stretch themselves a little too much here.  A lot of resistance on the charts, and the bears are close to confirming an inverse head and shoulders pattern, which means that neckline will offer quite a bit of resistance going forward. 

My Swing Trading Approach I continue to follow the sectors that are setting up the best right now. Earnings this week, so caution as it pertains to specific industries (banks) that are reporting soon has to be respected. I will continue to add more positions as long as the market plays nice.  Indicators

My Swing Trading Approach I added one additional swing-trade to the portfolio on Friday, and will look to do the same again, should the bullishness persist today.   Indicators

My Swing Trading Approach This has been a cautious week for me, especially due to the lack of continuity among the sectors on a day-to-day basis and the holiday right in the middle of the trading week. Once we get past the employment report this morning, and direction becomes better known, I may look to

The one sector that I have had little to no interest in buying over the large part of this year has been financials. Sure, from time to time I have dabbled in them – some successful, some not so. However, they have been one of the least traded sectors for me and that doesn’t look

My Swing Trading Approach I am taking a wait and see approach following Tuesday’s head fake. The market needs to build some credibility with me today that it can sustain its gains, before I go adding something new again. Tuesday’s price action didn’t make for ideal trading conditions, and instead of committing more capital, I

My Swing Trading Approach Holiday trading is upon us. I may look to add another position if the morning strength looks to hold. Less is still more in this market still, as price action is still unfavorable in the Dow, and range bound on SPX.  Indicators