Here is today’s swing-trading watch-list:
Long Lyondell Basell Industries (LYB)

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I wanted to let everyone know well in advance that I’ll be heading off on a European trip for about ten days a week from now. From July 29 to August 9, I’ll be on the European continent in a pattern something along these lines:
I’m mentioning this for three reasons:
And, of course, I’ll be sure to post a few interesting photos during my travels. For now, however, I remain firmly ensconced in Palo Alto.
Although the daily magical levitation continues across the equity markets (in spite of the world going to hell in a handbasket), I’d like to meekly point out that the mid-cap index is playing with fire. Take note of recent action, and in particular pay attention to that red support trendline.