#MarketTiming — Focus on what it is you want to trade…and take the signals

THE SIMPLE STRATEGY:

In swing trading the buy and sell signals must be clear and simple...and undeniable.

The NYMO and NYSI, both derived from the McClellan Oscillator, are to my mind the best measures of stock market mass psychology, measuring the swings from fear to greed and back again, and the best indicators of market direction.

As market-timing signals, they are as clear and simple as it gets.

If the NYMO (the short term NYSE breadth indicator) turns up, buy, and when it turns down, sell. If the NYSI (the longer term NYSE breadth indicator) is up, buy, and hold until it reverses (or whenever you’re tired of making money).

7/19/2022 — END OF THE DAY…

The key to the swing trade, once the market signal triggers, up or down, is to focus, focus, focus on what the individual trader wants to trade — stocks, options, futures, whatever…

I talk mostly about FNGU, FNGD and UVXY here on Medium because those ETFs are leveraged and they are my favorites but, in the past, it’s been TQQQ (mostly), and sometimes a leveraged sector like the semiconductor fund,SOXL (it was once said “if there is no demand for semiconductors, the world has stopped”).

But let’s think individual stocks for the focus here because some stocks are high flyers, and with the market at their backs even higher flyers.