Video: https://screencast-o-matic.com/watch/cYioDAEVdLThe big news today is the positive phase 1 trial of Moderna's vaccine study. The has the biggest impact on IWM since the opening of the economy most impacts beaten down areas like airlines, retail, resorts, casinos and restaurants. All of these areas are strong today and breaking out. High flying tech is pulling back slightly but most are holding yesterday's hammer candles. Stock in play include RCL, CCL, UAL, SAVE, LUV, MGM, WYNN, CAKE, CRON, CGC and TNA. Note that the study is still early and there is a lot of work to be done. The market will likely move on from initial euphoria and realize the vaccine isn't close to here yet. Already there's been a bit of an intraday pullback.Beaten downs ETFs to follow: JETS, PEJ, BJK, XRT, XHB, MJ, XAR, DBB.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: Added ZM. Still holding FB, LULU, UAhttps://screencast-o-matic.com/watch/cYioDAEVdL
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
July 15, 2020

