https://youtu.be/MmIAL18U_UETODAY! Mentorship Session: https://attendee.gotowebinar.com/register/5593607473146722561Mentorship Vids: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipBest case scenario after a bullish week last week is a move towards and break of the 200 MA in all indexes. Worst case scenario is a breakdown of the 50 ma. I continue my slightly bullish bias as long as we remain above the 50 ma support. If that level does break down, I would flip and start shorting index ETFs.I am in 5 positions and mitigating risk by moving stops up in NFLX, FAS and UWT, which are all above entry levels.Earnings season continues to impress, which is another underlying positive for this market. I added RACE as an earnings breakout setup this morning as it broke out over moving average resistance and looks to make a run at all-time highs (the added benefit is owning Ferrari!).Strong sectors include pot, financials, biotech, semis, homebuilders, software, tech, Brazil and China.Earnings Breakout List: GS, BAC, SGMS, EBAY, XLNX, LRCX, SLM, STM, SGMS, BBBY, BA, AAPL, BABA, ANTM, RCL, MA, RACE, FB, WYNNKey long leveraged ETFs include TQQQ, TNA, LABU, ERX, SOXL, FASFocus List Longs (besides ETFs): AAPL, FB, AMZN, BA, EBAY, DECK, XLNX, NVDA, TEAM, AYX, CYBR, WDAY, FEYE, PANW, TWLO, WBAI, BABA, GWPH, CRON, TLRY, CGCPotential short plays: SQQQ, TZA, SPXS, FAZ, LABDCurrent Positions: Added RACE off earnings breakout setup. Still holding NFLX, 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)]]>