Video: https://screencast-o-matic.com/watch/cY1lDwCZyWThe market is putting in a reflex bounce after yesterday's big drop, but is not taking out any key levels. Until it shows more strength I am content with our current balanced approach of the 3 longs with 2 of them having stops at break even and the one bearish play SQQQ (see video for strategy). LULU is putting in a short setup off earnings, as is TSLA on a failed high breakout. ADBE is gapping up on earnings. Relative strength stocks include ZM, TTD, AMZN, AAPL, MSFT, DOC, REGN, OKTA. The "beaten downs" are bouncing, but not taking out key levels: MGM, WYNN, LUV, BA, CCL, RCL, BBBY, NAIL.Beaten down continuation list: DIS, MGM, WYNN, BBBY, CLF, X, EXPR, BOOM, LYFT, WYNN, SGMS, RL, SHAK, FSLR, ULTABig tech: FB, AMZN, GOOGL, TSLA, DIS, TWTR, SPOTOther: SBUX, ILMN, NAIL, ERX, FAS, SOXL, ZM, DOCU, TDOC, REGN, CGCExtended List: CAKE, BA, RH, WGO, YETI, LULUETF 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: Added SQQQ. Still holding BYND, NFLX and UA.https://screencast-o-matic.com/watch/cY1lDwCZyW
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
June 12, 2020

