SPDRs S&P 500 (SPY)

My Swing Trading Strategy I went for a day-trade yesterday, but the volume in the overall market deteriorated too quickly for me to make much of the trade. Got in, got out, and no new positions held overnight. Watching for the same again today, whether the bulls can break out to new highs and through

My Swing Trading Strategy No new trades, I have very little to desire to get heavily long while resistance lurks overhead. Most traders out there do not understand that, and simply assume that the resistance will be broken, and while it attempting to do just that, history has shown that feat to be much harder

My Swing Trading Strategy I’ve been sitting on my hands lately and a lot of the traders I talk to on the regular, are telling me the same thing. There aren’t a lot of trade opportunities out there and the market is lacking an incredible amount of conviction currently, which makes any aggressive approach to

My Swing Trading Strategy No new trades yesterday. Market was weak, and provided little-to-no trading opportunities. Considering how the market does with resistance overhead, I’ll consider adding a long position to the portfolio. Otherwise, if the market fades quickly following the opening bell, it may be reason to stay put, once again, and or add

My Swing Trading Strategy I made quick work of a day-trade in Square (SQ) yesterday for a +1.3% profit. Outside of that I sat on my hands, as the market is in very low reward/high risk territory when it is 1% below the all-time highs. Until we can push through that level, I’ll temper my expectations for

My Swing Trading Strategy I added some short exposure yesterday. as SPY finds itself just barely in the gap after yesterday’s close and appears willing to give the gap fill a try from Friday. Not seeing myself being overly aggressive on the trading front, but could take advantage of some opportunities either long or short 

My Swing Trading Strategy I didn’t take any new trades on Friday, as it looked foolish to me to chase price ahead of the Trump/China trade negotiations. I am leaning more bearish heading into today and may look to get short again at some point today.  Indicators Volatility Index (VIX) – A 13% drop on Friday,

My Swing Trading Strategy No new positions for me yesterday. Call me crazy, but I’m not going to load up on long positions when there is zero rhyme or reason behind these market gyrations. For Pete’s sake, the market is falling on whether or not the Chinese delegation ordered ham & cheese or just soup

With all that said, it won’t mean much if there if the news coming out of Washington and the China delegation is that a deal was made. Instead, price action will soar higher and nullify this pattern.  Heck, perhaps if the Chinese eats two cookies instead of one at lunch today, it will probably be

My Swing Trading Strategy No new trades for me yesterday. Held on to my one short position, and watched the market go completely berserk in overnight trading. You have an active administration (not trying to be political here) that is actively engaged in countering every negative news piece that hits the wires with a positive