No plays today
Sunday we went 0-2 on our MLB plays losing Detroit 9-2 and losing Seattle 6-5 in extra innings.
Today a bit early for plays but here are the Weightings:
963 CLE – D Salazar 2
964 TOR – D Price
965 TB – C Archer
966 BAL – W Chen 3.5
967 NYY – I Nova
968 BOS – E Rodriguez 1
951 MIA – C Narveson 1
952 ATL – M Foltynewicz
953 PHI – J Eickhoff 2
954 NYM – B Colon
955 CIN – M Lorenzen 2
956 CHC – K Hendricks
969 SEA – V Nuno 0
970 HOU – D Keuchel 0
957 WAS – G Gonzalez 2+
958 STL – J Lackey
959 ARI – R Ray
960 COL – C Bettis 1
971 LAA – H Santiago 0
972 OAK – F Doubront 0
973 TEX – C Lewis
974 SD – T Ross 1
961 SF – J Peavy 1
962 LAD – B Anderson
The markets opened down over 1% this morning but have recover some but still off 1/2% . After last weeks rebound the question now is does the market roll over and test the lows or continue its rally up to the next support level and then the 200 day MA. Its anyones guess. Although Today I did put on a swing long as financials were positive today despite the down day so far. Usually if financials are leading a big move down during the day is not likely. So right now I am leaning toward a continuation to the upside of anywhere from 20 to 40 pts. But its certainly not with conviction. But I now have on 1 swing trade long and am not likely right now to increase that very much. This volatility is not very good for swing trading as you tend to get whipsawed on these moves.
I am not only looking at trades that I feel offer the best risk reward at the moment and ones that I can easily turn into a day trade if circumstances change. For instance if financials tanked!
I did get quite a few questions regarding my post on bankroll requirements and swing trading. This week is going to be a busy week for me so will not have a lot of time to spend. Trying to get things caught up before I leave for Ca on thursday.
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