Swing Income

Swing Trader. Sharing thoughts, ideas, and education. All tweets for educational purposes only.

[Swing Income @SwingIncome]

Retest of $SPY $480 seems inevitable. Above $506 area is choppy. Looking for a reversal somewhere between $506-$509 to lead us lower.

Too much uncertainty around right now for the pull back to be over.

Will be interesting to see what happens with $TSLA today.

[Scott Redler @RedDogT3]

$spx post close

[Oliver Kell @OliverKell_]

Just an if...but if this correction played out similar to July-November....wouldn't shock me if we got a relief bounce but mindset is chop tape for 4-6 weeks. I'm being patient. If had a strong start to the year this type of market is what we need to set the stage again.

[Swing Income @SwingIncome]

Macro Monday: Week 34

Weekly Highlights
- Jackson Hole Symposium
- Anticipated Earnings
- Rates & Yields
- Fear & Greed Index
- Sectors Relative Performance
- Looking Ahead

[Swing Income @SwingIncome]

@Investingcom

[Swing Income @SwingIncome]

Looking Ahead:

- Next Fed Meeting: September 19
to 20. Market is currently pricing in about 80% chance of a pause in rate hikes.

- Federal Student Loan Forbearance ending. Interest is expected to begin accruing as of September 1.

[Swing Income @SwingIncome]

Macro Monday: Week 34

Weekly Highlights
- Jackson Hole Symposium
- Anticipated Earnings
- Rates & Yields
- Fear & Greed Index
- Sectors Relative Performance
- Looking Ahead

[Swing Income @SwingIncome]

Sectors Relative Performance:

- All sectors down over the week and most down for the month, except energy.
- Not much relative strength here on the monthly.
- Tech outperformed all others on the weekly, will Tech continue to lead us higher if we bounce?

[Swing Income @SwingIncome]

Finally moving below the $444 area on $SPY. Wouldn’t be surprised if we chop on the $440-444 range for a while before reversing.

[Swing Income @SwingIncome]

Chopped around again all yesterday. Close was not strong. I still think we test the range between 440-444 on $SPY before another leg up.

Still proceeding with caution.

[Swing Income @SwingIncome]

@money_cruncher 👏🏻 👏🏻 👏🏻

Compounding sure is great when it works in your favor.

[Swing Income @SwingIncome]

@PursuingFreed0m 🎯 🎯 🎯

It’s absolutely essential to do your own due diligence when it comes to investing.

[Swing Income @SwingIncome]

@Investingcom Stocks will go up and down.

[Swing Income @SwingIncome]

Will be interesting to see what happens early this week. Do we see more pain or can we catch a bounce? Do we continue to chop around?
$SPY $QQQ $IWM

[Swing Income @SwingIncome]

Quick pre-market outlook:

Futures slightly green after being slightly red last night.

$TSLA down over 2%
$NVDA $AAPL $MSFT $AMD $META
All slightly green

$AMC down over 30%

[Swing Income @SwingIncome]

Quick pre-market outlook:

Futures slightly green after being slightly red last night.

$TSLA down over 2%
$NVDA $AAPL $MSFT $AMD $META
All slightly green

$AMC down over 30%

[Swing Income @SwingIncome]

@CmgVenture Yikes 😳