Today's video: https://screencast-o-matic.com/watch/cYetFDy9qhGroup mentorship bear market session MUST WATCH: https://youtu.be/iIKrDefZ7UUAfter a nice 4 day bounce off extreme lows, the market is taking a bit of a breather today. While normally a 2% down move is cause for concern, in today's volatile environment it's not that bad, especially since price action is holding the 9ema on both SPY and QQQ. Oil continues to get crushed. I am not looking to add today. Updated stop ranges: TSLA 475, UAL 31.50, APRN 8, MGM 11.25.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: Still holding MGM, APRN, TSLA and UAL.https://screencast-o-matic.com/watch/cYetFDy9qh
