Strategic Swing Trader

Closing Numbers for 05/13/2011

2011-05-13T18:16:00.000-04:00

Closing Numbers for 11/05/2010

2010-11-07T17:50:00.002-05:00

Nice Week!

Closing Numbers for 11/01/2010

2010-11-01T19:15:00.002-04:00

XLB Looking Toppy

2010-10-25T21:04:00.000-04:00

Momentum is diverging here, watch your longs.

Closing Numbers for 10/25/2010

2010-10-25T20:37:00.002-04:00

Closing Numbers for 10/22/2010

2010-10-24T23:09:00.000-04:00

Looking Good.

This Weeks StockTwits 50

2010-10-23T14:51:00.000-04:00

Stocktwits 50, October 23 StockTwits 50

Closing Numbers for 10/19/2010

2010-10-19T18:42:00.002-04:00

Closing Numbers for 10/14/2010

2010-10-14T17:10:00.000-04:00

Closing Numbers for 10/13/2010

2010-10-13T23:46:00.000-04:00

Closing Numbers for 10/11/2010

2010-10-11T18:38:00.000-04:00

Closing Numbers for 10/08/2010

2010-10-08T22:09:00.000-04:00

Closing Numbers for 10/07/2010

2010-10-07T22:09:00.002-04:00

Closing Numbers for 10/06/2010

2010-10-06T22:41:00.000-04:00

Closing Numbers for 10/05/2010

2010-10-05T23:28:00.000-04:00

Closing Numbers for 10/04/2010

2010-10-04T19:39:00.000-04:00

Weekly and Monthly Numbers will update tomorrow.

Pick of the Week-ORLY

2010-09-18T21:52:00.000-04:00

Nice breakout this week, looks to want higher. Could take a nibble here with a tight stop below the 5SMA.

Closing Numbers for 8/25/2010

2010-08-25T16:26:00.002-04:00

The Gift

2010-08-23T19:11:00.000-04:00

Take any rally here for what it is.... a gift, and short it.

Interesting Play on XLF

2010-08-23T18:57:00.001-04:00

Interesting Play here on XLF, Wait for a close above 13.90 and ride it up to 14.85 or so. If it can't get there, which I don't think it will, short it.

S&P Short Term Outlook

2010-08-23T17:28:00.000-04:00

Any pops to the 50 DMA should be good opportunities to short.

Closing Numbers for 8/23/2010

2010-08-23T17:15:00.000-04:00

Look Out Below

2010-08-21T17:29:00.000-04:00

No lower low yet, but the last 2 weeks of price action have not boded to well for the bulls. Looks like we could retest 1040, unless buyers step in, which seems unlikely if you look at the bond markets, the dollar, and gold. In my opinion not a great time to be swing trading, but plenty of opportunity on an intra-day basis.

Got Gold?

2010-05-29T17:34:00.003-04:00

As sovereign debt woes continue to weigh on the market, keep gold on your radar. If volume picks up next week I would take a nibble at the GLD. Once up over 120 I would add a little more, if it breaks 112.25 in high volume, I plan on loading the boat.

May 2010 Review

2010-05-29T17:09:00.002-04:00

Unless you happen to be a dollar or gold investor, this was a pretty rough month to be swing trading. In fact in hindsight, of course, it would have been a good month to go on vacation. I started off the month with a few losers, but kept the losses to a minimum by utilizing good risk management. I have been mostly day trading the last 3 weeks, which I am not very good at, but did manage to finish the month in the green.