Video: https://youtu.be/wkp9JNTXnxwNew Mentorship Session on Tuesday morning: https://attendee.gotowebinar.com/register/5764009784598366467Mentorship Vids: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipPublic webinar recording: https://www.youtube.com/watch?v=rXg967Pz3dcMonday was a day of bounce continuation that has put the indexes in overbought territory short term. I would not be surprised to see some consolidation or pullback at this level. It would be healthy to see some light consideration before another move higher. While I am long this bounce, I still am ready for failure and resumption of downtrend with bearish index ETFs.I added NVDA yesterday and have adjusted the stop to 9 points which is under the 9ema. I took profits in BRZU (see video on thoughts on potentially micro-managing this trade).I have added TWLO, SQ, CYBR and HUYA to the longs focus list.Relative 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): ROKU, CLF, X, NFLX, AMZN, ETSY, SHAK, WWE, TEAM, AYX, MDB, TWLO, SQ, CYBR, HUYAPotential short plays: SQQQ, TZA, FAZ, LABD, DWT, NVDACurrent Positions: Took profits in BRZU. Added NVDa. Holding UWT, WYNN, SPXL. SPXL stop moved up to 33.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)
