Video: https://youtu.be/uzwYU1Zj_tgMentorship Vid: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipPublic webinar recording: https://www.youtube.com/watch?v=rXg967Pz3dcStrong price action today as SPY remounted the 50ma and IWM continuation to lead the market. This, along with the strength of breakouts, banks earnings and the T2108 indicator lead us to believe this move has legs. I added UWT as another oil play. While I feel comfortable with 4 positions I may add tomorrow. The initial reaction to NFLX earnings is poor, but not a big gap down. This could setup a "value" long entry (see video).Earnings List: GS, BAC, SGMSStops for FB and NVDA are moved up to entry level.Relative strength areas include Brazil, India, software and small caps. Beaten down areas like semis, retail, housing, biotech and energy are also starting to show strong bounce potential.Key long leveraged ETFs include TQQQ, TNA, LABU, ERX, SOXL, FASFocus List Longs (besides ETFs): ROKU, CLF, X, NFLX, AMZN, ETSY, SHAK, WWE, TEAM, AYX, MDB, TWLO, SQ, CYBR, HUYA, BABA, FCX, ISRG, LULU, TRIPPotential short plays: SQQQ, TZA, FAZ, LABDCurrent Positions: Added UWT. Holding FCX, NVDA, FB.Today's video:
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Wayhttps://blog.bullsonwallstreet.com/23-laws-part-time-swing-trading-market-speculator-way/How To Use Swing Dashboard: https://blog.blog.blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/29 Essential Trading Posts: https://blog.blog.blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
