Swing traders who manage their risk properly fear little, because they know they are masters of minimizing losses. Losses are no big deal, unless the stock you are holding gaps down against you. Dealing with the gap down is what separates the pros from the amateurs. You must keep your cool and analyze what’s going …
Read moreHow to trade when a stock you are holding gaps down
MBLY is our swing trade stock of the week. The stock is showing excellent price and volume action as it nears recent highs. A breakout over this range at $48.50 puts the all time highs at $60 in play. All the stock needs is a catalyst, and it reports earnings post market today (May 11th). …
Apple is everybody’s stock of the week for good reason. As Apple goes, so does the Nasdaq, and the market in general. It is nearing all time highs. It has made a nice run from the original $120 breakout level. Did I mention that it also reports earnings after the market close today? We entered …
This week’s swing trade stock is Netflix. NFLX broke out on earnings Thursday and is now in play as an earnings breakout setup. Watch the video for setup and entry analysis. https://youtu.be/00HnoIRYe_Q Come check out our FREE TRIAL for our Part Time Traders service. This service is great for those that work and cant monitor the computer …
This week’s swing trade stock is Electronics Arts Inc. EA was a first quarter earnings breakout play, and is now pulling back to the 50 dma. This stock has been a great buy on dips, and has that earnings catalyst to keep it trending higher. I will likely enter on pullback and rather than exit …
In this video I review today’s trade exits ($TWTR +1700, BRZU +1900, LNKD -700) and quickly review the first quarter results. https://youtu.be/RWNCr0LdaWs Come check out our FREE TRIAL for our Part Time Traders service. This service is great for those that work and cant monitor the computer all day. We have indepth nightly reports on the gameplan …