Technical Stock Market Forecasts for Swing Traders
Monday, June 30, 2014
Well we're basically on vacation this week but I thought it was important to update some performance stats since this is the end of the month, the quarter, and the half all rolled into one.
Month right wrong no call conditional batting Dow average points January 5 10 6 0 0.333 64 February 5 2 2 1 0.750 107 March 12 3 6 0 0.800 431 April 9 3 5 0 0.750 482 May 6 7 6 0 0.462 -67
June 8 9 3 2 0.526 158
With June and the first half of the year now closed, here are my cumulative 2014 YTD trading results so far, compared to the Dow, my benchmark. I continue to include the results of my traditional IRA too. Trading IRA Dow
Jan. 0.50% -5.30%
Feb. 3.94% -1.94%
Mar. 6.01% 6.14% -0.72%
Apr. 8.22% 8.46% 0.02% May 9.20% 9.96% 0.85% June 11.71% 12.42% 1.50%
June wasn't a bad month for me, especially compared to the broader markets. My equivalent
annual run rate increased a bit, and we're still handily outperforming the Dow. So I guess so far, so good.
Michele is a swing trader, a night owl, and a student of Japanese candlestick charts. She retired from a large tech company at the age of 50 and has now been trading US stocks and occasionally the e-minis on a full-time basis as an independent trader since 2004.
The Night Owl Trader publishes every trading day late at night (or very early in the morning) around 1 or 2 AM, with occasional bonus commentary and analysis thrown in on weekends.
The Night Owl is independent, ad-free, and made freely available to all. Contact me at nightowltrader (at) gmail.com.
BB - Bollinger Bands COT - Commitment of Traders Report DCB - Dead Cat Bounce MA - Moving Average RTC - Regression Trend Channel YTD - Year To Date
(My lawyer made me do it) This blog is not trading or investment advice, account management or direction. All trades listed here are presented only as examples of the author's personal trading style. Investing entails significant risk and trading entails even greater risks. Act accordingly.