Have you seen our live shows? Join us for “The Trend” each market morning at 9:00AM EST, and “Beyond the Bell” at the close. See what’s trending in the markets and find out what our traders are watching each day! Check them out on the “Insights” tab.
As swing traders, we look for value. As the talking heads wring their hands on TV, we sit back and hunt for stocks that have room to move in either direction. As the markets had one their strongest down days since the COVID crash, we calmly looked for areas of support, either in the markets themselves or individual names. This puts us in position to have possible trades regardless of the market’s direction going forward. If we base and bounce, we can look for stocks doing the same. If we continue lower, we look for fresh support breaks. Either way we remain methodical and as emotionless as possible.