Video: https://screencast-o-matic.com/watch/cYfDFKzTnAThe market is pulling back today, but it's a healthy pullback off extended conditions above the 9ema. It's also encouraging that underlying market breadth is good (see video). I took profits in TDOC today as it popped on a surprise pre-earnings announcement, and exited X at break even. Yesterday added AAPL on remount. Today added two new positions: BABA off remount like AAPL and retail stock LULU as a bottoming play.The watchlist from 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: Took profits in TDOC. Exit X at breakeven. Added BABA and LULU. Still holding MGM, APRN and AAPL.Vid link: https://screencast-o-matic.com/watch/cYfDFKzTnA