Posts Tagged ‘ETF Swing Trading’

Swing Trading Week in Review – March 4, 2011

Sunday, March 6th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

$DIA

After a BIG sell off on Tuesday the overall market rebounded a bit Wednesday and Thursday.

Friday the SELLERS came back out to play and drove the market lower once again.

 

It is definitely a "mixed bag" out there with several stocks and ETF's holding up while others are falling apart.

The Retail sector ($RTH) and Homebuilders ($XHB) are still showing weakness as they trade just below their 50 day SMA.

$RTH

Oil Services ($OIH), Energy  ($XLE) and especially the US Oil ETF ($USO) all remain strong.

$USO

As we wrote in last weeks BLOG post we are back into taking positions on both sides of the market.

This week we will approach our trading in the same "mode" as last.

Plenty of stocks are showing weakness and if there is follow through to the down side then these stocks will be the ones to SHORT.

If the market does somehow find some legs then we will turn to the stocks in the sectors that are holding up the best.

Until next week…Good trading to YOU!

 

 

Swing Trading Week in Review – February 25, 2011

Sunday, February 27th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

$DIA

Now things get interesting!

The overall market saw its first significant pullback in a mighty long time this week.

After pushing to NEW HIGHS for the year again on Monday the SELLERS came out of the woodwork on Tuesday and pushed the market lower.

The SELLING continued Wednesday and Thursday before finally letting up on Friday.

Some sectors (Oil Services and Energy) held up quite well this week while others (Retail, Homebuilders, Steel) fell below their 50 day SMA for the first time in several weeks.

$XLE - Swing Trading ETF $SLX

As we move into next week we are definitely looking at BOTH sides of the market for trading opportunities.

How the market follows through from here will be key.

We will have no problem having both LONG and SHORT positions until the market gives us a a clear cut direction.

When you are looking through your charts this weekend get back into the habit on having both LONGS and SHORTS on your Watch List.

And just a reminder… we have created a list of Inverse ETF's just in case the whole "shorting" thing doesn't work for you.

Next week should be interesting for sure!

Until then…Good Trading to YOU!

Swing Trading Week in Review – February 18, 2011

Sunday, February 20th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

DIA - Swing Trading

Up Up Up and away!

Yes the rally continues for yet another week!

The overall market and many sector ETF's moved higher this week leaving many shaking their heads in disbelief.

We moved back into LONG ONLY mode a few weeks back and the market has cooperated nicely.

One sectors price action towards the end of the week did stand out though.

Take a look at some of the Agriculture related stocks to see what we mean.

$MOS, $CF, $AGU and $POT all put in lower high as sellers stepped in on Friday pushing these stocks lower.

MOS - Swing Trading $CF - Swing Trading

The SELL OFF in these stocks happened during a very strong week in the market.

Not yet a sign to get bearish on this sector but something to watch as we move forward from here.

On the LONG side things are obviously much more clear.

The Energy sector got a lift this week and some of the stocks we mentioned a few weeks ago broke out nicely.

$BHI, $NBR and $MRO all turned in a nice week of gains.

$BHI - Swing Trading

As we move into next week we will stick with our "Bullish" attitude and stay away from the short side.

As short term traders we realize that things can change in an instant though.

We will continue to listen to what the market tell us and attempt to profit accordingly.

We hope you will do the same!

Until next week…Good Trading to YOU!

Swing Trading Week in Review – February 11, 2011

Sunday, February 13th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

DIA - Swing Trading

In last weeks BLOG post we told you that we were back in "LONG ONLY" mode and this week the market did NOT let us down.

The overall market and most of the sector ETF's rallied to NEW YEARLY HIGHS this week.

A bunch of stocks on our Watch List made nice moves this week.

The Semiconductors ($SMH) remained strong but most of the other sectors moved up nicely as well.

The Financials ($XLF) and the Real Estate ($IYR) ETF's broke out this week.

IYR - Swing Trading ETF

$TTWO and $ERTS are still holding up and $WFMI (mentioned last week) had a nice break away gap to the UP side on Thursday.

WFMI - Swing Trading

We could go on and on about the stocks that rallied last week but that would be of little use to you moving forward.

Instead we will let you know that some of the Energy stocks we mentioned last week are still poised to break out.

As the market continues to rally look for the stocks that are setting up nicely as we move into next week.

The "LONG ONLY" mode continues and we hope that you are taking advantage of this tremendous rally in the market!

Until next week…Good Trading to YOU!

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