Swing trading and day trading are the best style of trading for making large returns in just days or weeks. They do come with more risk and difficulty than long term investing and the traditional buy-and-hold. But the reward of executing these two styles of momentum trading correctly can exponentially grow a trading account. In …
Read moreSwing Trading vs Day Trading: Pros and Cons Of Each
Things have slowed down a bit this week with earnings season starting to come to a close. Still some reports coming out, but the bulk of the juicy ones have announced already. The good news is that the overall market volatility has increased the past few weeks, and continued into this week. Leveraged ETF’s like …
An exhaustion gap is a critical concept to understand when trading stocks at the market open. A gap refers to a stock that opens above or below its prior closing price. An exhaustion gap is different from most gap ups or gap downs in that it quickly reverses from the direction the stocked gapped in. …
Read moreExhaustion Gap Definition: One of the Most Powerful Reversal Setups
Inside day Friday and SPY 50 MA solid resistance. Needs to get over 50 MA for bounce follow through. Watch list names, AMD, CRWD,ADPT gave some nice trading even on red market day. So keep focusing on specific names and earning plays. ***I will be taking a vacation. Next blog will be in 2 weeks. …
Another week that defies the “slow summer trading” stereotype. Many great earnings plays, explosive biotech catalyst, and even small-cap runners! Here is a recap of some of the day trades I took this week. The good, the bad, and the ugly! $CRWD, $ALLK, $SOXL Papercut, $OSTK Scratch $CRWD On Monday, the overall market had just …
Big rally day in the market after lows were defended on Wednesday. SPY filled the gap and 50 MA remount . Big move in last 2 days and resistance coming up around 295 level. Pretty much every chart has the same look tonight. Big bounce from the lows. They could consolidate or grind higher. Not …