The Daily Swing Trade

Expect Opposing Gaps

twocents@thestreet.com (Alan Farley) — Tue, 09 Mar 2010 22:21 GMT

Anticipate other trapping behavior as support-resistance boundaries become better organized.

Looking for Signs of Selling Pressure

twocents@thestreet.com (Alan Farley) — Mon, 08 Mar 2010 22:09 GMT

It was typical price behavior after a trend day, especially with many stocks and indices nearing January resistance levels.

Surprising Rally Catalysts

twocents@thestreet.com (Alan Farley) — Fri, 05 Mar 2010 22:21 GMT

Managed expectations and supportive technicals were the real catalysts for the rally, not improvement in the economic landscape.

Waiting on Labor Report

twocents@thestreet.com (Alan Farley) — Thu, 04 Mar 2010 22:13 GMT

I suspect that a labor report close to expectations might yield a positive day.

March Expectations

twocents@thestreet.com (Alan Farley) — Wed, 03 Mar 2010 22:16 GMT

We'll see if the market gets a "free pass," in expectations of more reliable results in March.

Watching the Action

twocents@thestreet.com (Alan Farley) — Tue, 02 Mar 2010 22:14 GMT

Tomorrow's ADP reading could spring buyers to step in on a downdraft. I'll be watching the price action closely.

New Month Window Dressing Rally

twocents@thestreet.com (Alan Farley) — Mon, 01 Mar 2010 22:16 GMT

The day after the first day of the new month has a mildly negative bias because buying pressure gets "used up" in the mark-up activity.

Marching to the Same Old Tune

twocents@thestreet.com (Alan Farley) — Fri, 26 Feb 2010 22:28 GMT

The market song remains the same as we head into March. Positive price action tells us that bulls are alive and well.

Tilted Volatility

twocents@thestreet.com (Alan Farley) — Thu, 25 Feb 2010 22:26 GMT

Considerable bear power has been used up, which might be sufficient to trigger an updraft that tests last week's highs.

Small-Cap Strength

twocents@thestreet.com (Alan Farley) — Wed, 24 Feb 2010 22:17 GMT

Ignoring Tuesday's selloff, small-cap stocks broke out today showing their relative strength.

Possible Correction

twocents@thestreet.com (Alan Farley) — Tue, 23 Feb 2010 22:22 GMT

Several factors suggest the lows will not hold and we'll spiral downward in the next leg of a major correction.

A Substantial Break is Coming

twocents@thestreet.com (Alan Farley) — Mon, 22 Feb 2010 22:20 GMT

A break in either direction should bring momentum into the market, triggering buy or sell signals.

Seesaw Session

twocents@thestreet.com (Alan Farley) — Fri, 19 Feb 2010 22:26 GMT

Today's session was classic options expiration week behavior, keeping bulls and bears off balance and on the defensive.

Small-Caps Will Direct Market

twocents@thestreet.com (Alan Farley) — Thu, 18 Feb 2010 22:10 GMT

Some analysts believe that big tech can lead the broad market higher, but direction could be led by small-caps.

Buyers, Re-Enter Positions

twocents@thestreet.com (Alan Farley) — Wed, 17 Feb 2010 22:31 GMT

The bullish divergence encouraged more buying pressure, supported by a sharp bounce in the U.S. dollar-euro currency pair.

Testing, Testing, Testing

twocents@thestreet.com (Alan Farley) — Thu, 11 Feb 2010 22:54 GMT

Unusual short squeeze timing woke market players from their slumber and tagged key price levels.

Fading Momentum

twocents@thestreet.com (Alan Farley) — Wed, 10 Feb 2010 21:53 GMT

Several factors including an east coast blizzard and Bernanke's comments made for a quiet market today.

Delivering All Smoke and No Fire

twocents@thestreet.com (Alan Farley) — Tue, 09 Feb 2010 21:59 GMT

A buying spike lifted the market to new highs, but a follow-up report triggered a selloff back down to opening levels.

Evolving Correction

twocents@thestreet.com (Alan Farley) — Mon, 08 Feb 2010 22:38 GMT

Other than Friday's bull hammers, nothing on the charts points to final lows in this evolving correction.

A Final Hour Squeeze

twocents@thestreet.com (Alan Farley) — Fri, 05 Feb 2010 21:59 GMT

The market erupted "out of nowhere," lifting prices and printing long-legged bull hammer reversals on many stocks and indices.