Market Speculator Part-Time | Swing Trade Report

Video: https://screencast-o-matic.com/watch/cYi2oO5R9VLet's put things into context. Yesterday's nasty intraday reversal is not significant in the intermediate term pattern forming in the market. At least yet. A pullback is expected and healthy. High flying momentum stocks often pullback hard over a short period of time as profits are taken and a bit of fear sets in. So no big prediction to be made right now. Note that VXX and gold are not popping big, which are positives. However, T2108 is showing a negative divergence, which indicates a narrowing market. Today all three indexes are defending key levels, with SPY and IWM showing relative strength and Nasdaq momos showing weakness after big runs. These stocks are in play for both longs and shorts. Beaten down areas are showing strength today. It's best to play it safe right now and wait for market signals, especially with plenty of opportunity in EARNINGS SEASON over the next few weeks. An interesting fact: The size of the intraday reversal in the QQQ yesterday while at highs has not been seen since the 2000 bubble top. The market is different now, but it's something to think about. Big tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFTIPOs: KC, NKLA, INO, GAN, RVLV, LMND, DKNGRS Extended (potenial longs and shorts): PTON, TSLA, ZS, SQ, SPOT, SHOP, WIX, TTD, ETSY, TAL, COUP, ZM, DOCU, FSLY, LVGO, BABAChina List: TME, YINN, HUYA, SINA, BABA, BIDUBD: UAL, RCL, CAKE, MGM, WYNN, MAR, H, EAT, SHAKETF LIST: SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBB, CLOU, SKYYCurrent Positions: Still holding FB, LULU, UAhttps://screencast-o-matic.com/watch/cYi2oO5R9V