Video: https://screencast-o-matic.com/watch/cYhFqFkw6PBig breakout today as SPY heads closer to the 200ma. A breakout over that level and we are back in uptrend. QQQ's are strong but lagging IWM and SPY. SMH leading tech while hot sector software lagging. Today is all about the beaten down areas like airlines, industrial metals, leisure and energy. Stocks in play include LEN, NAIL, TOL, NBL, MRO, HAL, ERX, CCL, MAR, H. Extended stocks for possible runner shorts on setup: MRNA, PTON, OKTA, ZTO, DKNG, WIX. Took profits in LULU and exited VXX. Still holding USO which is up big and CGC. Added beaten downs CCL and NAIL.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, IBBHow to use new site*: https://youtu.be/DwVI21S9cb8Current Positions: Took profits in LULU. Stopped out VXX. Added CCL and NAIL. Still holding USO and CGC.https://screencast-o-matic.com/watch/cYhFqFkw6P
