Video: https://screencast-o-matic.com/watch/cYiYFpEDt4We start the new week off with a major shift in what's popping and what's dropping. Last week tech was pulling back after extended runs, while the "beaten downs" came to the forefront. Today' it looks like the momo consolidations are over in cloud/software and other tech areas with textbook trend pullback/remounts emerging. This obviously benefits our ZM and SPOT positions, along with LULU which is moving like a tech stock especially after the purchase of mirror. Notice that even within tech there is a line between what is just trending and what is showing strong momentum. Semis and communications are trending, while the cloud and online retail stocks are making big momentum moves. Stocks in play include FSLY, SQ, DOCU, MDB, SHOP, SQ, WIX, AYX, TTD, DDOG, COUP, TDOC, ETSY, OKTA, AMZN, GOOG, TSLA, GAN, DKND, REGN, TQQQ.Beaten downs ETFs to follow: JETS, PEJ, BJK, XRT, XHB, MJ, XAR, DBB.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 SPOT, ZM, FB, LULU, UAhttps://screencast-o-matic.com/watch/cYiYFpEDt4
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
July 20, 2020

