Stock Market Analysis and Trades

I am not currently considering taking long swing trades. This week (and last week) there is no stock watchlist. But I am monitoring market conditions. If they continue to improve, then I will start scanning again and taking swing trades....

I am no longer taking long trades currently and actually cut some positions back on Tuesday. This is mainly due to quality setups lacking follow-through once they break out. Additionally, the major indexes are not confirming each other. The NYSE...

The stock indexes are attempting to breakout to new highs. The Nasdaq 100 had done so, the S&P 500 is consolidating just above prior highs, and the NYSE Compose and Russell 2000 indexes are just below prior highs. So we...

Choppy price action continues in most of the major indexes. Therefore, I am taking a very cautious approach with my trading until I get more confirmation that this choppy period is over. That would come from a breakout higher in...

The Market Health indicators I track are in good shape (discussed below). Therefore, I am still focusing on deploying capital with two strategies right now: Contraction Patterns and  Trend Channels. While conditions look good for taking trades, with the indexes chopping sideways...

The Market Health indicators I track are in good shape (discussed below). Therefore, I am willing to deploy my capital assuming there are enough valid opportunities. I am focusing on two strategies right now: Contraction Patterns and  Trend Channels. My Market Health indicators are...

In the weekend newsletter, I noted that I was only keeping a little bit of my account in cash because the market health indicators have improved. That is still the case. I am willing to deploy my capital assuming there...

Not much has changed since last week. I am still taking long trades using Contraction Patterns and  Trend Channels, but I am also keeping about half of my account in cash since market conditions are still pretty choppy out there....