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 […]
On January 30, I said the stock market was about to trigger a new “sell” signal, and also suggested the NASDAQ may fall to the 4,000 level in the near-term. Three trading days later, the NASDAQ plunged 2.6% and indeed kissed its next key area of support near the 4,000 level (closed the day at […]
On January 27, I said it was not yet time to sell stocks, but the technical situation has deteriorated quite rapidly since then. Yesterday (an FOMC day), stocks saw heavy volume selling action that produced another “distribution day” (a decline on increasing volume) in both the S&P 500 and NASDAQ Composite. In a healthy market, […]
All the main stock market indexes plunged at least 2% on heavy volume on January 24, but how much did that really affect the “big picture” of the overall market trend? Trend and momentum swing traders (like me) surely gave back a chunk of unrealized gains on their winning positions (and stopped out of a […]
In the formative years of my trading career (late ’90s), I frequently found myself scratching my head over an interesting problem. Despite analyzing the hell out of stock chart patterns, ensuring the technicals looked quite favorable before buying, I still found my trades completely going in the wrong direction way too often. Thanks to the […]
