“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.

(Click on image to enlarge)

SPY is bouncing well now and should move up to the 147 area to put a lower high in place over the next day or two.

More downside is likely over the next couple of months but during that time we should be able to grab some swing trades.