Video: https://screencast-o-matic.com/watch/cYftFmA8UmThe market opens the week breaking out of the tight range it developed last week. Not only is it breaking out on it's way to the 200ma, market breadth is strong. Equal weighted ETF RSP, small caps and T2108 are all showing positive divergence (see video). Beaten down and "stimulus" stocks are strong today, along with retail, financials and homebuilder ETFs. Pot stocks are also strong. I will look to add a couple of positions today. Stocks in play include: NAIL, FAS, KSS, BZH, CGC, UA, URBN, M.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: Stopped out SPXS. Added ZM short Friday. Still holding ERX, NVDA, SPXS, MGM, APRN.https://screencast-o-matic.com/watch/cYftFmA8Um
