Posts Tagged ‘Swing Trading Blog’

Swing Trading Update – Price Action And Volume – 4.29.16

Saturday, April 30th, 2016

Swing Trading Blog Update – 4.29.16

Well it was definitely an interesting week to trade the markets this week!

The intraday price action was great, both on the long and short side, but it was a little different for the overnight traders.

After a pullback that started at the end of last week we watched the market move bit higher on Tuesday and Wednesday.

This move up got a lot of traders LONG again…but what a difference a day makes.

The sellers came out in force on Thursday and again on Friday.

This "breakdown" created a lower high in the $DIA and $SPY and both indicies then pushed lower towards their 50 day MA's.

Take a look at the video to see a review of the stocks and ETF's we were watching and trading this week.

ETF's mentioned in the video:

$DIA $SPY $RTH $XLE $OIL $SMH $XHB $XLV $GDX $SLV $XHB $XLF $SLV

Stocks mentioned:

$G $BA $CAT $ABX $SLW $M $ANF $PCAR 

Swing Trading Update – 2.5.16

Sunday, February 7th, 2016

Swing Trading Update For Market Close – February 5th, 2016

How was the trading in the market this week?

Well to sum it up…CHOPPY!

After a Monday/Tuesday selloff we saw buyers step back in a push the market higher both Wednesday and Thursday.

Friday we saw the market once again push lower bringing a nice signal to the S&P and the Dow.

The price action on Friday basically broke out of the sideways trading channel created on the first 4 days of the week.

Swing Trading DJIA

The sector ETF's were a mixed bag.

$XLK got smacked around again while $XLE and $OIH had a nice bounce from their lows.

The financials $XLF, Real Estate $IYR and the Homebuilders $XHB are hanging out or heading towards their recent lows.

Swing Trading ETF - $XLF

The other notable sectors of course are the Gold and Silver ETF's.

We mentioned to watch these last week week and $GDX $GOLD and $SLV all had big moves to the upside this week. 

Swing Trading ETF - $GDX

So what should we expect going into next week?

Well the markets have signaled their next move to the downside but…will we see follow through?

Only time will tell.

One the longer term charts we are trading down to areas of support (at least in the past) so we will see if these levels hold.

For we are looking to SHORT the weakest stocks and ETf's and buy strong stocks and ETF's that arent correlated to the overall market.

Look for follow through to the downside but be prepared for whatever the market decides to do from here.

Until next week…Good trading to YOU!

Swing Trading Blog – Strategies For 01.18.13

Sunday, January 20th, 2013

Swing Trading Blog – Strategies For January 18, 2013

In this video I walk you through our analysis of the overall market conditions for the past week. I show you the ETFs that we have been focusing on and some of the stocks that we traded this week.

We also discuss our trading strategy for next week and the indicators we are looking for to see where the market goes from here.

Swing Trading Blog – Week in Review 1/13/13

Sunday, January 13th, 2013

Swing Trading BLOG – Technical Analysis Video

In this video we take a look at the overall market conditions and some of the strongest ETFs that are leading the market higher.

We look at the $DIA as it starts to trade into an area of possible overhead resistance.

We see how the Financials ($XLF $IYF), Broker/Dealers ($IAI), Real Estate ($IYR), and Homebuilders ($XHB) are showing tremendous relative strength.

 

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