Swing Trading and momentum investing stock pick newsletter and swing trading service.
Good evening StockBandits!
The highly-anticipated jobs report on Friday delivered some fireworks with a huge spike higher in the futures an hour ahead of the opening bell, but the knee-jerk reaction was the high of the day for the futures. [Read more…]
Good evening StockBandits!
The highs of the day were set in the opening half hour for each of the indexes today, and from there stocks simply churned. [Read more…]
Good evening StockBandits!
The DJIA finally quit tiptoeing around the topic of making new all-time highs today and went ahead and did it. [Read more…]
Good evening StockBandits!
The indexes kicked off the new week by spending much of the day underwater, but only slightly. [Read more…]
Good evening StockBandits!
Following the break of uptrend lines the previous week, stocks churned last week as traders mulled over whether or not to commit more capital or raise cash. [Read more…]
Good evening StockBandits!
The market seems particularly adept at climbing the proverbial “wall of worry” and that’s exactly what it’s been doing ahead of Friday’s sequester. [Read more…]
Good evening StockBandits!
The market stopped the bleeding today after an early bounce attempt was met with selling to take 3 of the big 4 indexes to new pullback lows. From there, a modest early afternoon lift left the indexes in the green for the remainder of the session. [Read more…]
Good evening StockBandits!
Last night I highlighted uptrend lines which were broken last week. I mentioned that pretty early this week we were likely to see whether Friday’s light-volume bounce was going to result in a kiss goodbye of the those trendlines from below before additional selling, or whether they’d be reclaimed. [Read more…]
Good evening StockBandits!
The previous 4-day trading week we had in January offered plenty of movement, and last week’s holiday-shortened week was no different. [Read more…]
Good evening StockBandits!
The market pulled back today without an attempt to rally at all as early weakness only accelerated the selling on news that the Fed may consider altering its QE program. It was a change of pace to see cash get raised in what has been a very steady climb. I’m not yet writing the obituary on this rally, but today looked to be a change of character worth noting. [Read more…]
