My Swing Trading Stocks to Watch Tomorrow 2.18.2020 $GM $SPCE

Swing Trading Stocks to Watch

Swing trading refers to the practice of trying to profit from market swings of a minimum of one day and as long as several weeks. In contrast to swing traders, day traders usually are in and out of the market in one day and trend traders often hold positions for several months. So, in terms of length of holding a trade, swing traders are in-between day traders and trend traders.

Each type of trading has its advantages and disadvantages. The appeal of swing trading is that it provides plenty of opportunities to trade; the dollar risk per trade is lower than with trend trading because of closer stops; it provides greater profit opportunity per trade than day trading; quick rewards provide emotional satisfaction. The downside of swing trading is that you must work hard all the time to manage trades; you are quite likely to miss major moves where huge profits can be made; frequent trading results in higher commission costs.

A good argument can be made that beginning traders would be well-served to start with swing trading as it allows enough trading action to gain experience; losses can be kept to acceptable levels with proper stop loss techniques; and it provides a good perspective to learn about both the short-term and long-term movements of markets.

My Swing Trading Stocks to Watch for 2.18.2020 $GM

$GM I am looking GM as a swing trade for tomorrow.  Entry Pre-Market or Market open based off being alerted as a Bearish Swing Trade on the TT Blackbox 2.14.2020

General Motors says it’s pulling out of Australia, New Zealand, and Thailand as part of a strategy to exit markets that don’t produce adequate returns on investments. The company said in a statement Sunday that it will wind down sales, engineering and design operations for its historic Holden brand in Australia and New Zealand in 2021. It also plans to sell its Rayong factory in Thailand to China’s Great Wall Motors and withdraw the Chevrolet brand from Thailand by the end of this year.

CEO Mary Barra says the company wants to focus on markets where it can drive strong returns. She says GM GM, -1.50%   will support its employees and customers in the transition. The company said it will scale back operations in all three countries to selling niche specialty vehicles. It also will make the same move in Japan, Russia, and Europe, where “we don’t have significant scale.”

General Motors Company designs, builds and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, and cars to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments.

In addition, it offers safety and security services for retail and fleet customers, including automatic crash response, emergency services, crisis assist, stolen vehicle assistance, roadside assistance, and turn-by-turn navigation, as well as connected services comprising mobile applications for owners to remotely control their vehicles and electric vehicle owners to locate charging stations, on-demand vehicle diagnostics, smart driver, marketplace in-vehicle commerce, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity. Further, the company provides automotive financing services. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.

$SPCE I am looking to play the continued Bullish Momentum on SPCE.  Everyone loves the hope & dreams of these guys, and why not bank on the continued Northern movement.

Virgin Galactic Holdings, Inc., an aerospace company, develops human spaceflight for private individuals and researchers. The company is based in Las Cruces, New Mexico.