Here’s today’s swing-trading watch-list:
Long Best Buy (BBY)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Swing Trading Watch-List: NKE, MU, ATVI, RFMD, WYNN
Swing Trading Watch-List: LVS, BWA, C, CENX, SPWR
Short Setups If This Is The End Of The Dead Cat Bounce
The bears have been ripped to shreds since last Wednesday’s bottom and have been no where to be found since then. However, despite the huge bounce, there hasn’t been any significant repairs to the charts and the V-Shape bounce lingers an overdone dead cat bounce.
With that said, I don’t recommend getting heavily short here. If you want a starter position to counter some of the existing longs you have, then so be it, that’s not a bad idea. But slowly dip your toes in the water here if your desire is to get short.
As for me, I actually wouldn’t mind seeing another downturn emerge here. The trade setups are amazing to the short side as you will see from the short setups below. (more…)
