https://youtu.be/vzA02ofZkdI*New Session Up* Mentorship Vids: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipSPY gapped down this morning, and is now below the key 200 day moving average. All of the other indexes and most sectors are following suit by what's being blamed on economic concerns across Asia. This could be a momentarily blip, or the start of a deeper correction with potential resumption of the bear market. We shall see. It's best right now to remain patient heading into the weekend and let the market give us close. I have the inverse ETFs ready, but am not likely to establish shorts since the market has already been down 5 days in a row. I would only likely go long if we get a quick snap back today with price getting back up over the 200 ma.Patience and trade management is required now and I will only go long if the market puts in a strong reversal. Keep inverse ETFs ready in case it's time to short.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, IRBT, CYBR, YETI, ETSY, TTD, ROKU, MNSTKey long leveraged ETFs include TQQQ, TNA, LABU, ERX, SOXL, FAS, BRZU, NAIL, YINNFocus List Longs (besides ETFs): NFLX, FB, BABA, NVDA, X, FCX, CLF, SGMS, FLWS, CYBR, TUP, TWLO, FSLR, HUYA, WYNN, BZH, KBH, TOL, SNAP, PAYC, ULTA, SGMS, DECK, TWLO,ORLYPotential short plays: SQQQ, TZA, SPXS, FAZ, LABDCurrent Positions: Stopped out UWT. No positions.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)]]>
