frankz

Swing trading is a strategy that looks to take advantage of the movement of stocks in the short-term. Many, if not all, stocks move in small bursts that may last 1-10 days, the returns that you might achieve within the bursts have to do a lot with the current market environment.  Swing traders look to take advantage of that by shooting for smaller gains, cutting losses quicker, and repeating this over and over again. Consistent smaller profits can compound into excellent annual returns. By smaller gains, I mean 5-15% within the burst. One of the best ways to look for [...]

New Highs are entirely relative to your timeframe and how much heat you are willing to take immediately after. It ain't always sunshine and rainbows when something hits "BLUE SKY TERRITORY." Take a look at the Semiconductor ETF chart below ($SMH), and you can see that new highs in the sector have led to short-term pain instead of an all-clear signal that all is well. Click to ENLARGE and read the notes. You can see a similar pattern in the Nasdaq 100 and the S&P500. Sometimes it is best to curb your new high enthusiasm. Whether or not this most [...]

The Market started this week somewhat strong, on Monday, the indices we up +.50% or more across the board. The only issue was that breadth was weak, a lot weaker than it should've been for a +.50% day. We ended the day with 150 stocks down -4% or more vs. 78 that closed up +4% or more; these are not the type of numbers you want to see when the market is up +.50%.   On Tuesday, we started on a positive note, but that quickly changed when the Manufacturing numbers came out at 10:00 am; they were weak, according [...]

Not one person on financial twitter did not know that last week historically has been the weakest week for last 30 years. From @QuantifiableEdges; "As I have shown many times in the past, there isn’t a more reliable time of the year to have a selloff than this upcoming week. I have often referred to is as “The Weakest Week.” Since 1960 the week following the 3rd Friday in September has produced the most bearish results of any week". For the week the S&P 500 lost -1.0%, the Nasdaq shed -2.2%, and the Russell 2000 was down -2.4%, there's no [...]

You Can Find Stocks Before They Breakout Here; https://stocktwits.com/r/ZorTrades_Beta/ and here https://frankzorrilla.com/work-with-me/

Market At Highs But 535 Names Are Down 3-days or more, does it matter? Here's a short video with some thoughts and trade-ideas.   You Can Find Stocks Before They Breakout Here; https://stocktwits.com/r/ZorTrades_Beta/ and here https://frankzorrilla.com/work-with-me/

$XBI $XLE $IWM Software Names You Can Find Stocks Before They Breakout Here; https://stocktwits.com/r/ZorTrades_Beta/ and here https://frankzorrilla.com/work-with-me/  

$AVLR $SE $AMZN $RPD $MTCH     You Can Find Stocks Before They Breakout Here; https://stocktwits.com/r/ZorTrades_Beta/ and here https://frankzorrilla.com/work-with-me/

Currently, there are 17 stocks in Investors Business Daily's Near Pivot scan. IBD defines near pivot as a stock that is forming a base with an intraday high 0% to 5% below their pivot price. I like to track this list because I believe that a lot of the names are actionable before they reach their "pivot" level. $NGVT is one that I believe is actionable for a swing trade if it can get thru today's high of 110.66 with a sell stop at 109.70. On the MarketSmith Chart below you can see what the company does, you can see [...]

Here are a few charts of interest for your review; most of these stocks are or were in downtrends and are now trying to base and turn the corner. Notice how the moving averages were acting as resistance as the price was below and now with price finally above them they are curling higher. The moving averages are the 10-day, 20-day, 50-day, 63-day, and the 200-day. $BG $APC $CRZO $PLCE $DGX $HZNP $EC $GSKY   This Is A Reliable Pattern To Add To Your Arsenal You Can Find Stocks Before They Breakout Here; https://stocktwits.com/r/ZorTrades_Beta/ and here https://frankzorrilla.com/work-with-me/