https://youtu.be/zBslyspbT6cMentorship Vid: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipPublic webinar recording: https://www.youtube.com/watch?v=rXg967Pz3dcThe market is up early reacting to strong earnings from AAPL. A few more of these strong earnings reactions from bellwether stocks should get the market to break out of the current consolidation range. We continue to watch the 50 ma moving average support. I fit holds we remain slightly bullish, but a breakdown would continue bear market trend and we would look to establish index shorts (TZA, SPXS, SQQQ).Oil and Brazil are showing relative strength today..Earnings Breakout List: GS, BAC, SGMS, EBAY, XLNX, LRCX, SLM, STM, SGMS, BBBY, BA, AAPLRelative 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): QLYS, MDB, TEAM, CYBR, PAYC, FCX, CLF, CGC, UA, SPOT, DBX, LULU, HUYA, ROKU, WYNN, IQ, NFLX, TME, IRBT, RIG, DO, SQ, DBXPotential short plays: SQQQ, TZA, SPXS, FAZ, LABDCurrent Positions: Still holding BBY, FAS and UWT.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)]]>
