Swing Trading, Day Trading & Technical Analysis (now at EminiMind.com)

Happy Holidays!

I leave you this week with a monthly chart of the VIX. Notice how we broke out of the wedge and now have pullback to retest it. Once the new year resumes we will be looking for a bounce off this level which would induce selling in the broader market. If we can break lower on the VIX then the markets should continue higher. Stay tuned for new things to come in 2012! Grab the RSS Feed to have the…

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Swing Trading Watch List – Dec 20, 2011

Not much on the watch list for tomorrow. One thing to keep in mind (especially during slower times of the year) we are looking to maximize our returns on the trades we take, not necessarily increase our win rate, by taking more trades for smaller profits. Proceed with caution… Stocks to Watch on 12/20: Longs: SO Shorts: CRL, DV, SLH   Grab the RSS Feed to have the daily watch list delivered via email.

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Swing Trading Watch List – Dec 19, 2011

Looking Bearish, Watch for Fake Out It looks to me like a little bear flag forming on the daily chart of the S&P500, however when you take a step back and look at the context of the large wedge that we have forming a small sell-off could be followed by a sharp rally. Stocks to Watch on 12/19: Longs: VSAT, DG Shorts: GAS, LEA   Grab the RSS Feed to have the daily watch list delivered via email.

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Swing Trading Watch List – Dec 15, 2011

Relative Strength and Relative Weakness Now is great time to flush out your watch list and highlight the stocks that are holding up relative to the market. Any stock that is moving sideways or up in the past  few days would be coined “relative strength.” At the same token, make a note of the stocks that are down more than the broader market and look to short them on a bounce. Entering on a new short on a bounce would…

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Swing Trading Watch List – Dec 8, 2011

All signs point in favor to the bulls. Draw your line in the sand and hang on. We’ll look to enter over the high of yesterday’s candle with a stop under the low. BUT remember, anything can happen. A bull rally along with a massive gap down tomorrow are two possible scenarios. We’ll be ready for either. Stocks to Watch on 12/8: Longs: AVA, BCE, CLB, DPZ, HUM, LKQX, MA, OZRK, PETM, PGN, PNW, SBUX, SWX, TGI, VPHM Shorts: FSLR…

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