New trend higher starting?

2022-07-20 / Bruce Marshall

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In this video, we look at today’s continuation of the wild swings. We are once again having intraday swings in the SPX of 50 – 100 points in both directions as we go higher and higher. This makes for a tough trade, but if we watch our levels, we can get a better feel for the market. I don’t think the market is going to get any easier to trade anytime soon, but we can make money trading it if we are careful. How do we trade this and how to manage risk in this environment?

Bruce Marshall

Bruce began his career working for a Wall Street firm on a bond desk after the Crash of ’87. He spent several years trading bonds until he switched to the equity side which developed his love of trading equities and options early on. He traded IPO’s, secondaries, and preferred’s. In the early days, he actually had to hand write “tickets” to buy and sell securities.