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EXTRAordinary Swing Trading Results in a messed up market + $AMZN, $AAPL, + $MSFT report this week

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Wow! The heaviest earnings week is here!
Check out the earnings calendar below...
We are in full swing earnings season and it is great having some market flow back. We were able to capture some great moves again this week,

This week the market may be a litter more tricky, we have FOMC rate decision on Wednesday and the last day of the month is Friday, which means calibration.

End of month trading is different from other trading days because several classes of market participants would join the game during this time.

Long side only funds often make adjustments to their portfolios during the last three to five trading days of a month.

Long term investors also review the performance of their portfolios around the same period to decide if adjustments are necessary.

There are also the month end option players who actively seeking for trading opportunities.

As significant number of longer term players enter the stock market, the normal dynamics among the active traders and market makers will be temporarily disrupted.

It is predictable that patterns emerge from this regular event. The important thing is to be aware of the patterns and take advantage of them in your trading.

What did you trade last week?

I called 7 swing trades:

CAT, MSFT, GOOG, AAPL, DD, XOM and WMT

  • 6 trades have hit target 1 and 2
  • 1 trade on it's way to target 1

Looking forward to my new picks this week!


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