Video: https://screencast-o-matic.com/watch/cYfQDsa4tzFriday Group Mentorship Sign Up: https://attendee.gotowebinar.com/register/2847031834301084683Group mentorship bear market session MUST WATCH: https://youtu.be/iIKrDefZ7UUThe market continues it's bounce off lows as we head into a three day weekend. While it has been a constructive week, it's the laggards that have been leading, while big tech leaders are falling behind. This is usually the sign of a bear market bounce that is destined to fail. However, it doesn't not mean we can not trade the powerful bounce while it's developing. See today's video for a comparison chart of SPY versus big tech.Our focus list remains the same as yesterday with the beaten down stocks continuing to bounce. Oil didn't show much of a reaction to the OPEC news, while gold climbs with the market.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: Still holding SPXL, APRN and X.https://screencast-o-matic.com/watch/cYfQDsa4tz
