**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Trade Ideas to see the rest of this letter.**
“Never risk what you have and need for what you don’t have and don’t need.” Warren Buffett
Very nice action from stocks today as many put in a swing low, which is good for a quick swing trade.
We’re still in the dog days of summer but there are some swing trades available.
I think I’ll take the rest of the week off and head off to Quebec on the motorcycle so, I’ll have something out next Tuesday.
May as well hit the road with market choppy and quiet.
More downside is likely over the next couple of months but during that time we should be able to grab some swing trades.
That said, enjoying the short summer is a priority for me right now.
I’m outta here!