My Swing Trading Approach
I am not opposed to adding more trades to the portfolio today, but the market needs to be favorable for it to happen. We could see a pullback, and I don’t want to buy ahead of that, even if it is likely to be just temporary.
Industries to Watch Today
Technology struggles and looks to continue the struggle today, due mainly to weakness in semiconductors. Energy remains the market’s best sector right now. Industrials continues to build strength in recent days. Financials have yet to go anywhere, and continues to struggle. Defensive and Utilities were the weakest, which is what you want in a market trending higher.
My Market Sentiment S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance