Market Speculator Part-Time | Swing Trade Report

Paul
Singh
December 22, 2014
How to trade stocksbows-opengraphTrading-Watch-List

Quick Summary:

Indexes consolidated gains on Friday. Expectation is late December run up seasonality trade. New focus list for the week, and separate biotech list. Another watch list for former leading momo stocks that are rolling over.

Video

http://youtu.be/7kSZtblS9EwNote: I highly recommend that you watch the video if you can, rather than just read the notes. I talk about strategies, entries and exits more in depth in the video. I try to make them short and to the point with little non-essential information.

Indexes and Game Plan

On Friday the indexes consolidated the big bounce. The seasonality trade, late December run up is still in play after the expected mid-December decline.

QQQ 12-21

The game plan is to play seasonality by entering one or two stocks from he focus list during consolidation. Remember, I might not take a position because I already have 3 positions. Keep an eye on the focus list and I will point out good entries in the intra-day updates.

Today's Trades

Current positions: UCO, CYBR and Z.CYBR remounted the 20 dma and is a point or so above entry. Z bounces slightly. UCO was up 11 percent on Friday.

Positions 12-21-14

Sector Watch

All sectors showed strength look solid. Biotech, retail and semis are all at or near highs and emerging markets bounced off lows.

RETL,USO,XLE,EDC,IBB,INDL,BRZU, XLF, NUGT .

Focus List

Focus list (see video for setup and entries): VA,CYBR,BABA,ZEN,SIG,COUP,LDOS,MNST,CMG,VTAE,ULTABiotech specific (strong sector, see video): RGLS,SGMO,ESPR,ATRA,TGTC,KITEStocks to watch, former leaders rolling over as short setups, but could remount moving averages and regain trends (see video:AMZN,NFLX,BIDU,TSLA,AAPL,YELP,YY,P,TWTR

Breakouts

The breakout list is healthy and consolidating, though BWLD and MSG broke out.

With earnings season coming to an end, we continue to watch the attractive earnings breakouts we collected. The good ones are forming ranges and some will become the next momentum players.

TTWO, CALD, COUP ACHC,RFMD,ACCO,AMED,X,TQNT,AN,TRNX,MSG,RCPT,VDSI,BCOR,CATM,BWLD

Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter

(twitter.com/PaulJSingh)

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