Swing Trading the Stock Market After Interest Rate Changes

Stock Trading Scans

Stock Trading Scans

The stock market hates indecision, we see "melted candlesticks" (small body) on the daily and weekly charts with little hope of easy trades.

Yesterday the FOMC cut interest rates and day traders saw violent moves in both directions. Today I'm looking for a trend day. Actually 2 trend days.

Now that the decision is past us, it's time for the big money to start positioning for the end of 2019. So I'm game planning for consistency to the day and weekly order flow.

For day traders that means holding to the close and avoiding the wiggles and jiggles, and trying to perfectly time entries and exits.

For swing traders it means picking a side and being patient. Let the market make you money.

Stock futures are trading lower, here is a scan of a few stocks with bearish order flow. Note the scan includes a "relative volume of 1," this means it traded at or near it's average volume yesterday.

The Impact of Interest Rate Changes by the Federal Reserve

When interest rates increase, there are real-world effects on the ways that consumers and businesses can access credit to make necessary purchases and plan their finances.

This article explores how consumers will pay more for the capital required to make purchases and why businesses will face higher costs tied to expanding their operations and funding payrolls when the Federal Reserve increases the target rate.

However, the preceding entities are not the only ones that suffer due to higher costs, as this article explains.

investopedia.com/impact-fed-interest-rate-hike

Are Roku Investors Overreacting to Comcast’s Free Streaming TV Box?

Shares of Roku just lost more than a tenth of their value on news about a streaming player you’ve probably never heard of — and are unlikely to ever use.

Comcast (NASDAQ:CMCSA) is getting serious about streaming TV. One day after the company announced its new Peacock streaming service, Comcast said it is making its Xfinity Flex streaming TV device free to its internet-only customers.

Shares of streaming TV platform specialist Roku (NASDAQ:ROKU) tumbled on the news. But did investors overreact?

fool.com/roku-investors-overreacting

We are in an earnings recession, and it is expected to get worse

The S&P 500 is officially in an earnings recession for the first time in three years, and the trend is expected to get worse in the third quarter.

Earnings recessions are typically categorized as two straight quarters of falling earnings.

marketwatch.com/sp-500-earnings-recession

Random Interesting Article:

US Navy Admits Leaked ‘UFO Tapes’ Are Real And Should Never Have Been Released

Pete Renzulli
 

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