The market opened strong and stayed strong all day long due to more weakness in the dollar. The Dow, which was showing a flag pattern, broke higher with increased volume.
With the weakening dollar, metalswere up, which was good for ANV, one of the stocks in my watchlist today.
I had some other triggers today as well, including…
VTR gapped up above my buy point, and I took it for a swing trade. This is a real estate/healthcare stock, and to my eyes, real estate seems to me strengthening.
I’m mostly swing trading this market using small position sizes and being very methodical about my stops. I had to say goodbye to MA for a loss today, but other stocks are holding up and look as if they may make another push higher, such as:
Good luck and good trading!
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