Support

Support and Resistance is fundamental concepts to swing-trading. This week, I was asked by a listener if I could make a podcast about them and while it can be tough to do it without showing you charts, I think I did a pretty good job of explaining the concept so that it is friendly on

My Swing Trading Strategy Lowest volume day of the year yesterday and even less than what we saw on the half day of trading, the day after Thanksgiving. In fact, the market finished complete flat yesterday. In essence – that’s not something anyone can do much with. I’ll be looking to add 1-2 new positions

My Swing Trading Strategy I added two long positions yesterday, and will look to add one or two more if the bulls can sustain yesterday’s breakout.  Indicators Volatility Index (VIX) – Declines in five of the last six sessions, and now sits at 13.4 following yesterday’s 2.3% decline. Expect, in the near-term, a test of the

My Swing Trading Strategy New week, month and quarter. I’m 100% cash coming into the day and will look to get long with 1-2 new positions. Always the potential for an April fools market fade. Be aware.  Indicators Volatility Index (VIX) – a 5% decline on Friday, and has dropped four of the last five sessions.

My Swing Trading Strategy I’m coming into the day 100% cash, following another low volume day with little conviction. Fading the opening move is on the table as is getting long on it, depending on how the market internals line up with price action.  Indicators Volatility Index (VIX) – The indicator has given up nearly all

My Swing Trading Strategy I sold my position yesterday in SPXU for a +1.5%. Not as much as I would have liked from the trade, but I also found it hard to justify holding it another day without the market showing a strong propensity to want to go lower. I may jump back in, if

My Swing Trading Strategy I’m light on equities and heavy in cash. I don’t mind deploying some capital today, but I need to see more out of this market in terms of conviction. So far this week, the market appears unsure of where it wants to go.  Indicators Volatility Index (VIX) – Another large sell-off on

My Swing Trading Strategy No new trades for me yesterday, as I sat on my hands and let the market throw everyone else around. Today’s pre-market strength may lead to an opportunity to re-short this market, and I won’t be placing a lot of faith, in the ability of the bulls to sustain this bounce. 

My Swing Trading Strategy I recognized the abnormal amount of weakness early on Friday, and tightened up the stops, so that I walked away with profits on all of my long positions, which included +6.1% on PYPL and +1.3% on NVDA. I am willing to play this market in any direction today, but will be

My Swing Trading Strategy I didn’t increase my overall exposure in the market yesterday, as I sold my position in Boeing (BA) for a small loss, after it simply refused to bounce. This morning, I will watch overall market action to see if the bulls are able too bounce off the overnight lows. Regardless, I