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Here is a list of potential swingtrades for the week. Lot of momentum stocks once they pullback offer great opportunities for swings as they have corrected and those dips offer a chance for the trend to refresh if buyers come in at areas of demand. These also are good types of plays for those with jobs that cant monitor
For those of you who follow Ichimoku clouds, SPY is struggling to push through… take a look at the chart below. The basics idea to get out of this is that SPY has tested the cloud (resistance) 4 times this month. If history holds true, the market should reverse down tomorrow. Of course, there is no guarantee, but one thing
Hello, team. It’s Monday night and as you all know, the market took another hard kick in the backside. We’re truly experiencing a kick-em-while-he’s-down market right now. I’ve been completely on the sidelines over the last few weeks – mainly because of other obligations restricting my trading time, but it has been fun to watch as a spectator. All of
As we wait for markets to open tomorrow, it looks pretty clear that we’ll have a strong gap up on news that we’re close to a debt ceiling agreement. At the time of this post, the futures are up over 1% and Asian markets are responding positively. That’s good news if you were small positioned long over the weekend. I
Hello, Bulls. So, I’ve been away for about a week now and everything is really the same as it was – it’s a great day trading environment and swinging is anything but. Now that we’re only a few days away from the deadline on the debt ceiling decision, it puts us in an interesting place as a swing trader. If
Hey, team. I’ll be back in the Swing Corner tomorrow evening… look for new updates and trade ideas for Wednesday!
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