Posts Tagged ‘Swing Trading Strategies’

Swing Trading Week in Review – April 8, 2011

Sunday, April 10th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

$DIA
 

Swing traders watched as the market moved to NEW HIGHS again this week but the move lacked the follow through that we were hoping for.

The week started out on a positive but was quickly followed by a three consolidation pattern to end the week.

The market is still strong of course so there were several ETF's and individual stocks making some nice moves.

With Oil being a very active sector it is no surprise that the US Oil ETF ($USO) turned in a great week.

$USO

Another sector on the move this week was the Retail sector ($RTH)…

$RTH

This sector has rebounded nicely and is trading back near its 3 month high.

This BLOG post would be complete without mentioning that both the GOLD and SILVER ETF's ($GDX $GLD $SLV) are definitely "in play"!

$GLD $SLV

All the sectors listed above (and a few others) are on our radar as we move into trading next week.

The Technology sector ($XLK $SMH) seems to be lagging a bit as this market remains strong.

For now we are sticking mostly to the LONG side as the market continues to trade near its highs.

We will keep an eye on the SHORT side just in case thing take a turn for the worst.

Be prepared for anything…and until next week…Good Trading to YOU!

Swing Trading Week in Review – March 18, 2011

Sunday, March 20th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

$DIA

And DOWN we go!!!

After several weeks of showing signs of weakness the overall market has finally pushed lower.

Last weeks sell off brought the market down to short term oversold levels by mid week so the bounce we saw on Thursday and Friday came as no surprise.

With the overall market taking a hit this week it was interesting to note how some sectors and stocks were actually holding up despite the selling.

The Oil ($USO $OIH) and Energy ($XLE) sectors are still trading above their 50 day SMA's.

$OIH

These sectors are still relatively strong but if the market selling continues it could bring these sectors right along with it.

Technology ($XLK) took a hit this week and the Semiconductors ($SMH) continued to push lower after a slight "stall".

$XLK

One sector on our radar is the Agriculture sector ($DBA $MOO).

 

After a hard SELL OFF this sector has retraced back to just under the 50 day SMA.

$DBA

Watch to see how this ETF and the stocks in this sector follow through as they may just be setting up some nice SHORT trades.

We have a TON of stocks on our Watch List as we move into next week.

Until then…Good Trading to YOU!

 

 

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!

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