Posts Tagged ‘OIL ETF’

Swing Trading Week in Review – April 1,2010

Friday, April 2nd, 2010

What a month March has been!

The DOW, S&P and NASDAQ all ended this holiday shortened week at the high for year.

DJIA

March has been a great month for Swing Traders if they were able to get on board this rally at some point during the month.

The markets basically traded sideways until the very end of the week when, on Thursday, the market popped up from the open and ended up rallying into to the close as well.

As far as individual sectors are concerned GOLD (GDX ETF), SILVER (SLV ETF), OIL (OIH ETF)and ENERGY (XLE ETF) all showed signs of life on Thursday after being some of the weakest sectors over the past few weeks.

A few of the strongest sectors, RETAIL (RTH ETF) and REAL ESTATE (IYR ETF), actually took a little break this week and pulled back a bit.

Stocks in these "Hot" sectors may offer Swing Traders another opportunity to get LONG in the near future.

Keep them on your radar and look for Swing Trade set ups that offer the lowest risk and highest reward.

As always…be prepared for ANYTHING!

Until next week…Good trading to YOU!

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