Video: https://screencast-o-matic.com/watch/cYfeD447PcGroup mentorship bear market session MUST WATCH: https://youtu.be/iIKrDefZ7UUAll three indexes are still under 9ema putting in potential "dead cat bounces". IWM is showing relative weakness down over 3% which is good for the TZA position. Housing is weak. Oil is bouncing toward yesterday's high with a very tight candle. USO still in play. Potential dead cat short plays include: WYNN, ULTA, BYND, FB, UBER, SBUX, DIS, ROKU, LULU.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, DOCU, TDOC, ODFL, UHS, JCON, REGN
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: Added short KBH and TZA. Stopped out TSLA and SPXL. Still holding APRN and X.https://screencast-o-matic.com/watch/cYfeD447Pc