Posts Tagged ‘Swing Trading ETF’s’

Swing Trading Update 4.22.16

Sunday, April 24th, 2016

Swing Trading Update – April 22nd, 2016

Swing Trading Update - April 22nd, 2016After a 2 day stall to end the week last week the DJIA saw yet another move to the upside this week.

The S&P followed suit while the tech heavy NASDAQ did not.

With that being said there we of course some good swing trading opportunites in both stocks and ETF's.

Oil was the hot sector this week ($USO $OIH $XOP $XLE…)

Oil ETF's - Oil Sector ETF Charts

With the sector being in play there were some good trades in the stocks.

We dont need to look at all the charts ($XOM, $COP, $HAL, $APC, $APA, etc etc etc) since you basically could have traded anything in the sector.

The financial sector ($XLF) also put in a good week.

Swing Trading ETF - Financial ETF #XLF

$GS $AXP $JPM and others have all been hot and put in some pretty text book trade setups this week. 

Another rockstar sector this week was healthcare ($XLV)…

Swing Trading ETF's - Healthcare ETF $XLV

$UNH, $JNJ, $RMD made some nice moves in this secotor.

With the good comes the bad and some of the sectors did not play so nicely though this week.

The tech sector ($XLK) took a beating with a huge gap down on Friday.

Swing Trading ETF - $XLK

As to be expected the semis ($SMH) drifted lower as well.

Othe notable sectors were retail ($RTH), homebuilders ($XHB), utilities ($XLU) and consumer staples ($XLP).

Retail started off strong but fizzeled out towards the end of the week. 

A pullback to watch since it is still within the UP trend channel.

The homebuilders ($XHB) is an interesting one…

Swing Trading ETF's - $XHB Homebuilders

A 7 day sideways trading channel. Now this question is how do you trade it?

With $XLU and $XLP both sectors sold off from a nice lower high pattern and are now trading below their 50 day SMA's.

Sectors to watch if the overall market turns south?

Its a fun market to trade right now but as always have a game plan for whatever the market throws at you.

Until next week…good trading to YOU!

 

A Short Swing Trading Market For Stocks

Sunday, January 17th, 2016

Short swing trading stocks (and ETF's) was still the theme for this week.

After only a small bounce (or retrace) on Monday and Tuesday the markets continued the free fall to end the week.

Short Swing Trading Stocks and ETF's

While the overall market dropped there were certain sectors that bascially traded sideways.

The Oil ($OIH) and Enrgey ($XLE) ETF's only drifted slighty lower.

The ususal suspects $IYF $IYR $ XHB are the ones that really took a beating this week.

$XHB - Short Swing Trading ETF

Another interesting sector worth mentioning is the GOLD ($GOLD $GDX) sector

Last week we mentioned that the GOLD realted ETF's broke above thier 50 Day moving averages

As trading continued through the week it became obvious that the 50 day was NOT going to hold as the ETF's came crashing backing down.

$GDX - Short Swing Trading ETF's

For individual stocks it was a tricky game this week.

Wednesday offered a good day to look for SHORT trading setups and signals.

The problem was the number of "clean" setups. 

As we scanned for stocks and ETF's that wree setting up for short trades we werent coming up with much.

A ton of stocks were still headed lower but they were essentially CONTINUATION moves to the downside.

$APC offered a good example of this…

$APC - Short Trading Stock Strategies

An example of a good SHORT swing trading setup this week?

Well take a look a $DIS as it offered up a nice trade to the SHORT side.

 

$DIS - Short Swing Trading Strategies

As we move into trading next week we expect bascially the same thing we did last weekend.

A bunch of stocks and ETF's are extended to the downside and a another retrace is coming…it is just a matter of when and how much.

The last retrace (Monday and Tuesday) was minimal and then the next push down started.

If you werent ready you probably missed it.

As lawyas you need to be focused in a fast moving market like this one.

Anything COULD happen so be prepared for whatever the market throws at you.

Until next week…Good trading to YOU!

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.

 

Swing Trading BLOG – Week in Review – May 13, 2011

Sunday, May 15th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

$DIA

After last weeks SELL OFF the market put in a LOW VOLUME bounce to start the week.

Wednesday SELLERS stepped back into the market and pushed the market a bit lower.

The sideways trading that followed to end the week lets us know that a struggle is underway.

Oil and Energy ETF's continued their move down but the angle of the SHORT TERM DOWNTREND line is a bit steep.

$XLE

The Steel sector ETF ($SLX) continued to show it's relative weakness and pushed to a NEW LOW for the year this week.

It's no surprise that stocks like $X, $AKS and $STLD offered nice SHORT trade setups this week.

$SLX - Swing Trading ETF's

On the flip side this week was the Retail ETF ($RTH) which broker out to NEW HIGHS this week.

The move up was on INCREASING VOLUME but ended the week "stalling" at the high as volume dropped.

$RTH - Swing Trading ETF's

Next week should be interesting for sure.

The major market indices put in a LOWER HIGH so lets see if a LOWER LOW is in order.

If the previous SWING LOW holds and VOLUME comes back into the market on the BUY side then look for confirmation on a break of the previous SWING HIGH.

Until next week…Good Trading to YOU!

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