Video: https://screencast-o-matic.com/watch/cYhObzpIFPThe market starts the shortened post holiday week with a bang as SPY is up 2% and IWM is up almost 4% on evidence that the economy is opening up. Beaten down areas are showing relative strength and breaking out of ranges while tech and oil are lagging. SPY is over the key 200 day moving average, which we have decided puts the market back on uptrend. Current positions are strong. I will look to add 1-2 positions today.Beaten down continuation list: KSS, M, ZUMZ, PLCE, DKS, ULTA, UA, TLRY, CRON, ACB, CGC, RTX, AIR, MGM, WYNN, UAL, X, CAKE.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 CGC. Still holding EAT, NAIL, CCL, USO.https://screencast-o-matic.com/watch/cYhObzpIFP
