My Swing Trading Strategy I added one new long position yesterday, but likely to be careful here with too much additional exposure as the market is stretched thing here at all-time highs and likely to see some consolidation at the very least before moving substantially higher again. Indicators Volatility Index (VIX) – Diverged with yesterday’s SPX
My Swing Trading Strategy I don’t have any new positions in my portfolio from Friday. Watching today to see how serious the bulls are about holding on to these new all-time highs. Considering 1-2 new long positions to the portfolio. Indicators Volatility Index (VIX) – VIX dropped 7.8% and likely to drop further, which is creating
My Swing Trading Strategy I added a long position yesterday in one of the commodities that’s breaking out. Looks to open up well. Watching for whether the bears can grab a foothold on this overbought market, in the wake of weak Amazon (AMZN) earnings, and if so, may look to add 1-2 new short positions
My Swing Trading Strategy I closed my only short position in Shake Shack (SHAK) yesterday for a +6.5% profit. Now I am 100% in cash, waiting to see whether the bulls can push price through resistance or whether it is going to fall apart again at the highs. Indicators Volatility Index (VIX) – End of day sell-off in
My Swing Trading Strategy I closed one short position out yesterday, following its stop-loss being hit, but added another that is off to a solid start following yesterday’s drop. I will look to add more short exposure should the market want to drop further today, and continue yesterday’s slide. However a break above key resistance
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