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#1 Rich C

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Posted 20 July 2017 - 01:57 PM

I'm starting this topic to post status on my swing trades primarily, so I don't pollute other topics, but anyone is invited to post their observations.  These swing trade ideas should be of a couple of weeks to couple of months time horizon.  

 

I look for opportunities in about 30 quality dividend paying growth companies, like Microsoft, and when I want to go in heavily I buy SPY, the market.

 

Today I began to lighten up, especially on the individual names I bought in tech land a few weeks ago in the tech selloff.  I also sold a few ETF's like FTEC, but still have my largest position in SPY.

 

MSFT could go higher, but it is getting overbought so the risk is also rising.

 

 


Edited by Rich C, 20 July 2017 - 02:00 PM.

Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#2 Rich C

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Posted 24 July 2017 - 01:42 PM

I started selling last Thur. and sold more on Friday, I'm pretty light now.  The S&P was near the top of the channel in has been in for the last few months and that is providing resistance.  When MSFT went down on excellent earnings, that bothered me, didn't feel right.  If I'm wrong, I'm prepared to buy back in, slowly.  So far, the market is just off a little.  In the poll, I'll be partially long, and neutral.


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#3 diogenes227

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Posted 24 July 2017 - 06:37 PM

I'm starting this topic to post status on my swing trades primarily, so I don't pollute other topics, but anyone is invited to post their observations.  These swing trade ideas should be of a couple of weeks to couple of months time horizon.  

 

I look for opportunities in about 30 quality dividend paying growth companies, like Microsoft, and when I want to go in heavily I buy SPY, the market.

 

Today I began to lighten up, especially on the individual names I bought in tech land a few weeks ago in the tech selloff.  I also sold a few ETF's like FTEC, but still have my largest position in SPY.

 

MSFT could go higher, but it is getting overbought so the risk is also rising.

 

 

 

By my count this swing is 46 trading days old, was kind of ragged and hard to read in the middle, but the NYSI has been rising and there is no high below a high on the NYMO so it's likely there is more upside to come.  Still, a lot of big names (see below) are getting long in the tooth. 

 

This is one of those times when one wants to stay at the dance but dance near the door...and nearer to the door every day.

 

(TSLA was the wall flower but asked to dance today - in other words, when the laggards start to run...).

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx.

I spent half my money on gambling, alcohol and wild women. The other half I wasted, W.C. Fields.

#4 Rich C

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Posted 31 August 2017 - 04:54 PM

Hi folks!  I've been preoccupied the last couple of weeks with Hurricane Harvey and my eye has not been on the market.  I sold out in late July, but I started buying back in about two weeks ago, slowly, bought more daily this week.  The small caps had corrected more than SPY, so I bought IWM, working ok.  The politicians show up next week, that's not usually good with a debt ceiling debate on tap.  McConnell said he had it in the bag, Trump said he'd shut the govt. down without 2 billion to start the wall.  I suspect we'll get money to help TX out, no wall, and Trump will accept the defeat and say TX was more important (it is).  But, we'll see.

 

I'll watch carefully what they say about tax reform, could spur the market to the upside, but I think it will not get done this year, unless all we get is a tax cut.  

 

I came out fine from Harvey.  I'm on the far west side, behind the Addicks reservoir but beyond its maximum fill level, in a neighborhood started 45 years ago.  They must have picked the high ground.  I've been in Houston 30 years, never saw flooding like this. 


Edited by Rich C, 31 August 2017 - 04:58 PM.

Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#5 Rich C

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Posted 12 September 2017 - 07:24 PM

I've been invested and riding this swing trade.  I started buying in mid-August and have continued to add, mostly in stocks now, SPY, IWM, some XLK, some OEUR.  Trumps deal with the dems took govt. shutdown off the table for 90 days, eliminating one bullet.  N Korea hyrdogen bomb test scared the market and me.  All approaching overbought.  I'll let it run for now, but starting to think about lightening up....


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#6 Rich C

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Posted 14 September 2017 - 01:41 PM

I lightened up considerable today.  Seems like a lot of good news surprises are out.  I don't know what will drive the market higher until earnings season.  Chart looks like top forming and RSI is approaching overbought.  If I got my way, we'd go down a bit ahead of earnings season, then up into year end.  The market never seems to do what I want it to!


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#7 Rich C

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Posted 28 September 2017 - 09:47 PM

The pause was brief, looks like the market wants to go up some more.  I started buying, mostly XLF today.


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#8 Rich C

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Posted 09 October 2017 - 06:38 PM

I sold some last week (XLF), sold more today.  I still have some XLK, AAPL, MSFT.  Got out of oils, its moving back down; seems like there is too much production.  In the daily poll, I'm partially long, but that part has gotten much smaller.  I'm neutral, but leaning bearish in the short term, won't take much to push me that way.  I don't have any shorts, but looking at VXX.


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#9 Rich C

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Posted 19 October 2017 - 07:11 PM

I sold my last big holdings today, while I have a few stocks that I bought as long term holds waiting on a turnaround, on a percentage basis you can say I'm flat now.  No shorts.


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#10 Rich C

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Posted 25 October 2017 - 11:38 AM

Still flat on holdings since final sale 10/19.  Bought some VXX today, not much, I don't really like VXX as an instrument but it serves a certain purpose.  Tomorrow is my last trading day for a 12 days vacation.  I'll watch the market at night, try not to make a move, but will if the opportunity is too good.  Going to N Carolina around Ashville, do some day hiking.


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.