Shortly after the market opened on February 1, we sent an Intraday Trade Alert to subscribers of The Wagner Daily, notifying them of our swing trade buy entry into Direxion Shares Semiconductor 3x Bull ETF ($SOXL) after the opening gap higher and slight pullback. Later that afternoon, this blog post explained our buy entry at […]
Wall Street was smiling last Friday, as stocks ripped higher and the Nasdaq Composite claimed an 11 year high. All five major indices posted impressive gains, with the small-cap Russell 2000 leading the march higher, to a 2.2% gain. Both the Nasdaq and S&P MidCap 400 indices tacked on 1.6% while S&P 500 surged 1.5%. […]
Stocks traded mixed on Thursday as trade waned. For the eleventh consecutive day, both the S&P 500 and the DJIA have consolidated in a tight range, as the Nasdaq, Russell 2000 and the S&P MidCap 400 have set fresh highs. The market has thus far, been reluctant to pull back. Both the small-cap Russell 2000 […]
Relatively flat day in the main stock market indexes today, but unimpressive action in leading stocks. Could just be a bit of sector rotation. Volume tracking lighter, which is positive. For now, simply managing individual positions appropriately. Just make sure you don’t get caught being a LTPC.
Here is today’s video analysis of a few stocks setting up for swing trade entry ($CBM, $VFC, $VRSK, $SCSS):
Equities surged on Wednesday on mixed trade. All five major indices posted solid gains. The advance was led by the small-cap Russell 2000 and the S&P MidCap 400. The small-cap index tacked on 2.1% while the S&P MidCap 400 climbed by 1.9%. Although the DJIA and S&P 500 posted reasonable gains of 0.7% and 0.9% […]
After consolidating in a sideways range for five days, the Nasdaq Composite broke out to a fresh six-month high yesterday. Leading stocks outperformed the broad market as well, enabling the swing trading stock and ETF picks of our premium newsletters to surge higher. But now, recent price action in the broad market has been perfect for […]
Coming into today, we had a buy trigger in the Wagner Daily newsletter on SOXL just above the January 31st high (Our buy signal was based off the bullish reversal candle of January 30th). However, SOXL gapped to open above our trigger. When stocks gap beyond our trigger, we wait to see if it can rally […]