Page menu

Thursday, September 17, 2026

Best Swing Trading in 20 Years

How good was yesterday's swing trading? 15% in one day - kind of good - thanks in part to the abolition of the old day trading rules. I think it's taken a couple months to get used to day trading like a HFT hedge fund, after years of paying as much as $7 per trade, and then being forced to sit on your hands...- waiting for cash trades to settle. 😅

Reviewing The Tape 

  • Stocks rallied into the FOMC  
  • No sooner than Warsh started talking the VIX spiked to nearly 18.95, and stocks sold off - precisely at the red line I provided, yesterday morning. 👇
  • Nasdaq rallied back to close about unchanged. 


Here's Where The Real Money Was Made: 

  • Gold miners - the trade I called out in yesterday's update was immediately dumped. 
  • I subsequently bought the dip, and sold $GDXU for a second time (+4% off the lows).
  • 5 different sectors traded - I must have made 30 trades in all, guesstimating    
  • Buy The Dip Sell The Rip continues to work - investing in the major indices not so much. 


Apple & NVIDIA, both closed higher - bet you didn't know that! Lost in the shuffle. 


This morning it was announced that the new Apple CEO is attending the Trump Xi meeting - insider trading - explains the Apple rebound. 

I've been monitoring Apple closely, and I've called out the trade, several times.   


Time Is Money And The Golden Age Of Swing Trading Has Just Begun 

I'm not going to suggest that the average retail investor should roll their 401k into a Roth, so you can swing trade the hell out of it (like I do) - because most people lack the proper instinct, discipline, and the tools, which are necessary - in order to cut though the noise and trade the casino side of the market. 

The short list of stocks and sectors that should have been faded, when the talking heads were trying to sell you a healthy broadening out - narratives - is long, and time is short. Short list: $TRAN, Industrials - including names like $CAT, $DE, $CMI, Healthcare, several others still unwinding. 

 If you took yesterday's advice to chart sectors, then you're already seeing past smoke and mirrors. 

If you haven't had a chance to even get started - and that's understandable after yesterday's volatile session -  here's a glimpse of what you're missing. 

$NYP - Healthcare Index - currently testing 2024 levels. The annotations are self explanatory. I suspect this is a canary in the coal mine - the sector that finally bankrupts an entire nation. 


    


Last week I offered access to the best (bullish) stock - setup - I've seen in months , and nobody took me up on my offer.  The stock has since been upgraded, and is on track for another break out.


 The actual stock is now officially pulling out of the harbor. Boat missed, I'm afraid!    ðŸš¢





No comments:

Post a Comment