https://youtu.be/1DLymDliMy8Mentorship Vids: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipThe market is pulling back today as it tests resistance. This is expected and why we've managed risk by taking some profits and moving stops up in current positions (see video). The pullback is par for the course and we like that SPY is holding the 9ema and small caps are holding up nicely. I am not looking to add positions even though there are some decent setups. I am watching PAYC, TME, CGC, IRBT, CMG, SNAP, EA and yesterday's focus list stocks closely today.Took profits in FAS as the market pulls back.Earnings Breakout List: GS, BAC, SGMS, EBAY, XLNX, LRCX, SLM, STM, SGMS, BBBY, BA, AAPL, BABA, ANTM, RCL, MA, RACE, FB, WYNN, PAYC, SNAP, CMG, IRBTRelative 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 FAS. Added DECK earnings breakout setup. Still holding FB, RACE, FAS and UWT. Stops moved up on all but FB.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)]]>
