Let’s clear up any confusion On Monday, August 26, we “officially” launched the MTG Stock Screener, our online stock screening software for stock exchanges of the USA, Canada, UK, and India, each with preset technical stock scans for swing traders. Since then, we’ve been receiving very positive feedback from subscribers, and we are truly pleased […]
We have mentioned several times recently that the NASDAQ has been the lone holdout in the broad market, in terms of it being the only index holding above its 50-day moving average. Even with yesterday’s (August 27) sharp losses, the index is still above this important level of support (but now within 1% of it). […]
Since I just made two new blog posts yesterday, I am a bit hesitant to post another today because I don’t want to overwhelm readers. However, this swing trade alert is timely and actionable, so I wanted to make sure you knew about it ASAP. As you may recall from my August 18 blog post […]
In an uptrending market, the two main types of technical setups we buy for swing trading leading individual stocks are Breakouts and Pullbacks. Over the past four weeks, Internet giant Amazon.com ($AMZN) has been in pullback mode and may soon provide a low-risk buy entry with a positive reward-risk ratio. Because $AMZN has retraced just […]
One week ago, in this blog post, we pointed out the bullish trend reversal pattern of iShares Silver Trust ($SLV) and said we were stalking the ETF for potential buy entry. Specifically, we said, “$SLV has convincingly broken out above resistance of a downtrend line (dotted black line) that had been in place throughout all […]
Until last week, our market timing model was in “buy” mode for many months. As such, we have only been focused on swing trading stocks and ETFs on the long side of the market. However, now that our timing system has shifted to “neutral” mode, our trading rules allow us to selectively initiate new short […]
With the market in substantial pullback mode, the number of leading stocks showing relative strength and still presenting low-risk swing trade buy entries has dwindled. However, there are a few lone holdouts, each of which could quickly jump back to new highs if the market suddenly recovers (as it has been prone to do many times […]
One of the main reasons we trade both individual stocks and ETFs in this swing trading newsletter is that trading the right combination of the two equity types increases our odds of being able to outperform the stock market at any given time, regardless of the dominant market trend. In strongly uptrending markets, we primarily […]
On July 11, we bought Workday, Inc. ($WDAY) at $66.16. Now, less than a month later, the stock is trading above the $74 level (an unrealized share price gain of approx. 12% as of August 9). In this educational trading strategy video, we clearly show you how we used short-term trend lines to help us […]
After completing our weekend stock scanning research, Himax Technologies ($HIMX) has entered our radar screen as a potential swing trade buy entry in the coming days. This small-cap tech company, which manufactures the liquid-crystal on silicon chips that power the displays of Google Glass, is presently forming the “handle” portion of a cup and handle chart pattern. As explained in […]
