Quick Summary:
SPY up slightly within range. Focus list remains the same, though we are adding earnings breakouts as we enter earnings season. Still holding SPXU, DHI, DIG, RGLS
Video
http://youtu.be/G-qCZLmy7HoI highly recommend that you watch the video, rather than just read the notes. I talk about strategies, entries and exits more in depth in the video, yet short enough that they are only 5-10 minutes long.
Indexes and Game Plan
The indexes closed up slightly within their ranges. Sectors were mixed, with IBB continuing to take the lead. We will continue to focus on the strong sectors for long setups, and only look for shorts if the market makes another leg down. We are in the midst of earnings season and will start to build an earnings breakout watchlist, as we did last season.
Trades
I am still holding my entire SPY short (SPXU long) and long RGLS, DHI and DIG
Focus List
Focus list (see video for setup and entries):KITE,CEMP,OC.,LOCO,VA,MNST,BLUE,CMG,PIR,AMBA,RH,TTWO,BWLD,HABT,AGIONew Earnings Breakouts:DAL and SMCI. I also mentioned SWHC and GFIG, which we will watch, but they are not earnings related breakouts.
Sector Watch
Sectors of interest include Biotech, Home builders, Retail, Gold Miners and Energy. This week we are also adding emerging markets (Brazil, India, Russia). See video for analysis.
We will also watch the financials sector later in the week for a short setup if we get a bounce.
Breakouts
Whis is the earnings breakout list from 2014 4th quarter. We continue to monitor.
TTWO, CALD, COUP ACHC,RFMD,ACCO,AMED,X,TQNT,AN,TRNX,MSG,RCPT,VDSI,BCOR,CATM,BWLD
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter
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