Video: https://youtu.be/KgXBnIh4xBUMentorship Recording: https://blog.bullsonwallstreet.com/swingmentorshipOctober starts continuing the trend that has us moving to market neutral from slightly bullish. While at first glance, things look decent as SPY closed above the 9ema and QQQ closed green, the ugly move in broad based index IWM is concerning and continues what we've been seeing for some time now. Another poor signal is the fact that all indexes started the day strong and closed off highs.There were pockets of strength today. Oil and energy broke out, which helps the ERX position, and semis, and select stocks ignored the market moves. I am watching TSLA, NVDA, KSS, and SOXL for potential entries, although it's likely I will not add anything unless the market outlooks changes.Thus, we head into the month and week market neutral and will adjust our overall strategy as the market reveals itself. I currently am content with three positions but will add or subtract as the market and stocks dictate.Focus List: AMZN, AAPL, TSLA, SHAK, IRBT, X, FCX, UA, ULTA, ISRG, WYNN, ATTU, CYBR, SFIX, SONOIPO LIST: ROKU, HUYA, SPOT, IQ, SHOP, DBX, APRN, BILI, NTNX, BRUB, AAXN, OKTA, SNAPCurrent Positions: Still holding ERX, NFLX, BIDU.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.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.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)
