https://youtu.be/ce0yCcg7aq4Mentorship Vids: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipThe market is in "test mode" as it is holding just under the major 200ma in both SPY and QQQ. Now we wait to see if this level breaks or pulls back. I decided to take profits this morning in BBBY to lighten up my overall risk (see today's Report and Monday mentorship session for more in depth analysis on risk). I have moved my stop up on FAS to $57 and UWT to $12.50. Take a look at oil's chart and how it reacted to today's weekly oil inventory report (see video for more).Earnings Breakout List: GS, BAC, SGMS, EBAY, XLNX, LRCX, SLM, STM, SGMS, BBBY, BA, AAPL, BABA, ANTM, RCL, MA, RACE, FB, WYNN, PAYCRelative 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): AAPL, GS, BA, AMD, FB, TME, IRBT, SOXL, YINN, ERX, RIG, DO, FCX, BRZU, TWLO, SQ, ROKU, WYNN, TEAM, WDAY, BABA, PAYC, LULUPotential short plays: SQQQ, TZA, SPXS, FAZ, LABDCurrent Positions: Took profits in BBBY. Still holding FB, RACE, 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)]]>
