This active swing trading class discussed the importance of staying nimble in this type of market. In the case of last week's trade example, we were able to close it profitably at max gain and had we hesitated instead, we would have been stopped out within a couple days. We also spent time dissecting the recent trades from Berkshire Hathaway's 13F. Lastly we analyzed three new swing trade ideas.
In today's class, we looked at the bullish move to see how substantive it is and analyzed specific indicators that are confirming the move and others that are suggesting it may be a "paper bull." We talked about past instances similar to the current run and looked at the similarities and their implications.
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