https://youtu.be/TPFQ5u_jcDU*New* Mentorship Vids: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipThere was some skittishness this morning after China made bold trade war statements that had futures down around 1% premarket, but SPY has reversed the morning unease and is sitting at break even two hours after the open. The fact that the market has held up well in response to trade war turmoil is a good sign. Good enough for me to allow for 2-3 positions, however I will not get very aggressive yet, considering the potential for a news related shake up. I will key on relative strength stocks from software, select tech and homebuilders, along with strong post earnings setups. I added UWT as oil puts in a potential "cup and handle" continuation pattern setup and took profits in software stock TWLO. I am still holding MDB, which is already at 2:1 RR.Relative strength: ROKU, FSLR, TEAM, WK, BOOM, AAXN, LMT, FB, TWTR, VEEV, SFLY, MDB, LULU, SHOP, OKTA, COUP, WDAY, AMZN, UWT, NAIL, DISKey long leveraged ETFs (if reversal): TQQQ, TNA, LABU, ERX, SOXL, FAS, BRZU, NAIL, YINNPotential short plays: SQQQ, TZA, SPXS, FAZ, LABD, SOXSCurrent Positions: Took profits in TWLO. Added MDB off trend continuation setup yesterday.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)]]>
