As recently discussed in my March 26 blog post, banks, mutual funds, hedge funds, and other institutional funds have been rotating out of the NASDAQ and into the S&P 500 and Dow Jones in recent weeks. Although this has been leading to moderately bullish price action in select blue-chip stocks such as $IBM, more explosive, […]
With leading stocks getting punched in the face over the past week (especially the past two days), there isn’t much to get excited about on the long side of the stock market right now, despite oversold market conditions. During each market pullback in 2013, money rotated out of extended stocks and into those breaking out […]
At the close of trading on March 21, our rule-based market timing model shifted from “neutral” to “sell” mode, after previously slipping from “buy” to “neutral” mode on March 12. When the timing system first enters into a new “sell” mode, it primarily acts as a “no nonsense,” objective way to keep us out of […]
If you’re like most stock traders, you have a personal preference towards trading in a particular time frame, such as daytrading, swing trading, or position trading (click here for a clear comparison of these styles). However, do you know you can substantially increase your trading profits by combining trades of two different time frames…within the same […]
If you are a regular reader of this blog, you know I continually work hard to provide you with quality, educational articles and videos regarding my stock and ETF trading strategy. In other words, I value your time and don’t waste it with purely promotional posts. But please excuse me this time around, for I […]
The ipath Coffee ETN ($JO) is an interesting exchange-traded product that provides investors with unleveraged exposure in the futures contracts on coffee. Last month, we bought and sold $JO in our Wagner Daily newsletter for a solid gain of 19% over just a 6-day holding period. In this educational blog post, I walk you step-by-step through the […]
With our market timing model remaining in “buy” mode, our current focus primarily remains on leading individual stocks. Tesla ($TSLA), for example, is now showing an unrealized gain of 68% since our December 31 buy entry in The Wagner Daily newsletter. SolarCity ($SCTY) is similarly up 56% since our December 19 buy entry. However, despite […]
Because my strategy is focused on trend trading the momentum of leading stocks, I generally avoid the short side of the market whenever my market timing model is on a buy signal (as it presently is). However, this is not always the case with ETFs (exchange traded funds). Since ETFs come in many flavors of asset classes, […]
After a 23-hour flight from USA back to Southeast Asia, I finally returned home from the Traders Expo New York. I really had fun sharing key elements of my swing trading strategy in my February 17 workshop, followed by the February 18 panel of experts I participated in. My first workshop, How To Find The […]
On December 19, we bought SolarCity ($SCTY), one of the top stocks on our watchlist, then added to the position as the stock surged higher. Two weeks after our second buy entry, we locked in a solid gain of 25.8% by selling partial share size into strength of a powerful rally. Now, we still remain long […]
