Video: https://screencast-o-matic.com/watch/cYjiqXGIPiSome indecision today as the indexes head into areas of supply while the big whigs work out the Relief package. Tech is getting hit hard at extended levels while IWM shows relative strength. Gold is finally putting in the potential reversal candle that we've been waiting for. Inverse ETF DLL can be used (long the ETF to go bearish), but liquidity is light on these gold inverses. Caution should be used heading into the weekend with so much indecision, so I lightened up by taking profits in NAIL and TNA, and got stopped out of WCLD. Software has been getting hit hard and we'll see how they handle the next support levels. Stocks in play include FSLR, STMP, ROKU, SEDG, Z, PENN, MGM, CAKE, SGMS, UAL, EAT, DIS, ZM, MUSA, MOS, MOD, FSLY, TWLO. In today's Report we discuss some interesting overall earnings numbers and how we interpret them.We continue to develop our earnings lists (see mentorhship session).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: Took profits in NAIL and TNA. Stopped out WCLD. TWTR, NFLX, GOOGL.https://screencast-o-matic.com/watch/cYjiqXGIPi
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
August 7, 2020

