Video: https://youtu.be/x_Yi4Q1A-Hw*New* Mentorship Session Recording (2018 Stats): https://blog.bullsonwallstreet.com/swingmentorshipAfter early morning weakness that looked like a continuation of the big pullback, the market recovered intraday and put in nice "tail" candles that could signal a bounce. However, be careful. We did not get a slam dunk signal. There wasn't a super strong close nor was there a ton of volume pouring into the market.That being said, I did take a speculative bounce position in the Nasdaq, entering leveraged ETF TQQQ (see video for analysis of why I entered this instead of the better candle in SPY). This trade is balanced by the BIDU short position. The idea here is even with a 50% win rate on these, market volatility will lead to a big win and small loss.Stocks and sectors of note include EWZ/BRZU, RIG, DO, ERX, HUYA, IQ, BILI, SPOT, FAANG STOCKS, TSLA, HABTAt this point we are market neutral and will trade cautiously, building relative strength and weakness lists. Sectors in play include energy, oil, Brazil, retail, software, tech, financials, and commodities.Relative Strength list (potential longs): ERX, RIG, DO, CHEF, HUYA, WWE, CYBR, SHAK, CLFRelative Weakness list (potential long or shorts): BABA, SQQQ, SFIX, TSLA, ILMN, NVDA, YELP, ULTA, LULU, WYNNIPO LIST: ROKU, HUYA, SPOT, IQ, SHOP, DBX, APRN, BILI, NTNX, BRUB, AAXN, OKTA, SNAPCurrent Positions: Added TQQQ. Still holding short BIDU and long UWTToday'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)
