War

My Swing Trading Strategy I stayed in cash most of the day, until then end, when I added a short position to the portfolio. Yesterday’s rally was impressive, but technically, it is doing little to fix the charts that were so heavily damaged last week and again this past Monday. The gaps down/up/down/up/down have made

My Swing Trading Strategy I’m coming into today 100% in cash. Tried shorting the intraday bounce yesterday, but quickly realized that wasn’t going to work, while also booking profits in McDonalds (MCD) too.  To say the least, I am quite suspicious of this market bounce, and highly doubt that the worst is behind us at this

My Swing Trading Strategy It was my third straight day without creating a new position. Why is that? Because, I wasn’t going to short the market when it was already down 100 points, and certainly didn’t find enough reason to buy the market yesterday. I’ve managed to profit off of the recent market selling with

Volume has returned and the Trade War with China has made shorting stocks great again! Sure get excited about the dip buying today, but under the surface this market rally is anything but impressive. Breadth is okay, but with the walloping the market took yesterday, if this was a bottom for the market, we should

My Swing Trading Strategy I added one new trade to the portfolio on Friday, while closing out a losing position in the early going. All four positions that I have are poised to benefit from the pre-market strength and will look to add a new position today.  Indicators Volatility Index (VIX) – A 4.7% decline on

My Swing Trading Strategy This has been by far the most difficult month of trading that I have ever seen. I mean, when you have a Twitter account that can bring ruin to the financial markets, it makes predictability a lot more difficult. The month of May started with a tweet fanning the flames of

My Swing Trading Approach Less is more in this market, and I intend to do exactly that. I have one short position on this market, and will look to ride it today. I will add more short positions, if key price levels are violated.  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

My Swing Trading Approach Days like we have seen over the last three trading sessions, is the reason why you must use stop-losses in this market and to protect profits, and to be strategic about their placement. I’m not in a rush to buy the dip here. I would rather the market establish firm footing

My Swing Trading Approach I’ve held off adding new positions to the portfolio the last two days. My approach may be the same again here, as I simply show caution, move up my stops, and let the market play out. I may add a short position, depending on whether the bears can sustain the selling.