https://youtu.be/7UQxiSKq42gMentorship Vid: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipPublic webinar recording: https://www.youtube.com/watch?v=rXg967Pz3dcThe market put in a constructive day as it closed green and continues to consolidate the huge January post bear bounce. At this point we are still in that downtrend, but another up move would negate the bear and turn us back to bullish. Semiconductors lead the market, as many of the semi stocks reported strong earnings today. However, after hours Intel reported poor earning which could way on the market and sector in the morning. We'll keep an eye out on this sector over the coming days (see video for more analysis of Intel impact on market).I added financials ETF FAS today as it consolidates gains after many banks reported strong earnings to start the season. It offers a great 3:1 RR as well. Oil continues to consolidate gains.Strong areas include Brazil, homebuilders, select retail and biotech. For tomorrow, I am watching NFLX, TME, IQ, LABU and SOXL.Earnings Breakout List: GS, BAC, SGMS, EBAY, XLNX, LRCX, SLM, STM, SGMS, BBBYRelative 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, TMEPotential short plays: SQQQ, TZA, SPXS, FAZ, LABDCurrent Positions: Took profits NVDA. Still holding 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)]]>
