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Day Trading or Swing Trading strategies based on the first trading day of the year

The January Effect For Day Trading & Swing Trading

The phrase “January Effect” has come to describe many different beliefs about how January can create some unique market insight. These beliefs range from tax loss selling in December creates buying opportunities for traders willing to hold into the first week of January, to the belief that the outcome of the year can be predicted [...]

Trading Up On Volume Into The Close

Trading Up On Volume Into The Close

In the last half hour of last week the markets rallied to close at their high of the day and basically the high of the week. When the market rallies into the close it’s a good idea to see which stocks not only moved up, but also traded on greater than average volume. Stocks trading [...]

Big Consolidation Breakouts

Big Consolidation Breakouts

Here’s a pattern I like to use for finding profitable trading conditions for day trading and swing trading. It’s great pattern because it has both long-term and short-term potential. I’ll scan for these patterns even when the major indexes don’t have it specifically, but the QQQ is a perfect example right now so today is [...]

Compression For Day Trading & Swing Trading

Compression For Day Trading & Swing Trading

After a stock consolidates it will very often have a nice breakout trade. This is just nature of markets. They go through phase of expansion and contraction. So identifying stocks that have consolidated, or are compressed in a range is a great way to identify breakout trades for day trading or swing trading. This is [...]

Finding Set Ups From Stocks Trading On Volume In Last Hour

Yesterday stocks had a huge rally in the last 45 minutes trading on volume that was well over average for that time of day. As a result there were many high volume stocks, but not all have great patterns. In this video, I'll discuss why you may be interested in this pattern of high volume [...]

Finding Stocks To Trade In The SMH

Finding Stocks To Trade In The SMH

Several posts ago I pointed out the SMH (the Semiconductor ETF) was breaking some key upside resistance, and worth keeping an eye on as a measure of potential strength in the Q’s as well as trades in the group. You can find that post here: http://marketgauge.com/?p=4270 The markets have since rallied, and in the case [...]

SMH's Trading on Volume, and Back To Lead?

SMH's Trading on Volume, and Back To Lead?

Look who returned to run up the market! And smack it in the last half hour? The semiconductors, a good indicators of tech, and represented by the ETF, SMH, completed a divergence pattern today, and set a little fire under the Q’s. The semi’s have a way of helping or hurting the overall market and [...]

Scanning for trading ideas? Start here.

I start using HotScans every day in the same simple way - the default Big Volume scan. Whether you are swing trading or day trading, you should look at it any time and all they time to see what is moving. All you have to do is hit the link I've circled in the screen [...]