Today's video: https://screencast-o-matic.com/watch/cYeYFry1GyGroup mentorship bear market session: https://youtu.be/iIKrDefZ7UUThe market continues to hold the 2018 lows without much traction as more Corona related news come out related to lockdowns, aid and stimulus packages.Rubber band bounces are coming into 9ema resistance levels for most stocks. Now we watch to see if we get a dead cat bounce setup or remounts of the 9emas for longs. I took profits in ZM as it neared target range, and still holding NFLX (stop 220) and SPXL (stop 17.50). NFLX is green as SPY is down 2%.The market is at historic oversold levels. Caution must be used.The watchlist from today's mentorship session:
- Usual suspects: FAANG, NVDA, MSFT, SPY, QQQ, IWM, XLF, SMH
- Beaten down: USO, XLE, UAL, BA, WYNN, MGM, RCL, KSS, DIS, TSLA, TOL, SIG, BBBY, CAKE, UBER
- Corona plays: ZM, CLX, GILD, TDOC, NFLX, WMT, TGT, AMZN, BABA, COST, DLTR, KR, REGN, CTXS, WORK, PTON, EA, MSFT, CPB, HRL, GRUB, RAD
ETF LIST: SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBBKey long leveraged ETFs (if reversal): TQQQ, TNA, LABU, ERX, SOXL, FAS, BRZU, NAIL, YINNHow to use new site*: https://youtu.be/DwVI21S9cb8Current Positions: Took profits in ZM. Added NFLX and still holding SPXLhttps://screencast-o-matic.com/watch/cYeYFry1Gy
