Relative Outperformers and Swing Candidates
What are the list of potential trades for trend following, swing entries? I share my list and how I find the relative outperformers in this update.
What are the list of potential trades for trend following, swing entries? I share my list and how I find the relative outperformers in this update.
Patience… as the market digests everything from Yellen, Inauguration, Seasonal tendencies and more. I think it will be well rewarded with corrections and I’ll discuss which markets in this update.
SHOP is a royal setup on the daily, but we are far from the original setup zone. So, we use a 30 minute pullback zone for an area of risk.
The markets are sitting on a ledge and could go either way. When that happens I try and find stocks that are indifferent to the indexes.
Today we saw the markets flush a bit after the announcement of the stimulus plan, classic buy the run up, sell the news. The markets maintained structure, but where will leadership come from next? Let’s review.
Today’s pullbacks was not a panic but rather the culmination of some all-time high open interest on options expiration Friday and some seasonal tendencies potentially at work.
The trends really didn’t flinch in today’s move lower, which still has not broken the 21 period EMA. I’ll explain where the swing buy zones are sitting and the current structure of the indices.