Video: https://screencast-o-matic.com/watch/cYjOq6mgq7Some amazing movers today and some sleepers. Tech, specifically big media and software, is on fire, while most of the rest of the market sleeps. Gold/Silver and select retail are also strong. The "beaten downs" are lagging, but no breakdowns in patterns. NFLX popping big and we used it to take profits. The rest of FAANG is also green, lead by an impressive move by Facebook. The NFLX trade is a good example of "set it and forget it", don't get caught up in intraday movements while it's ranging after entry. Today might be a good day to enter a stock that isn't doing much but has a good pattern, like BOOM or SIG. If looking to enter software, look for something that is not too extended. Stocks in play include ROKU, COUP, KC, OKTA, DOCU, ZM, DT, DKS, TWLO, SHOP, SPOT, MDB, SGMS, FCX, BBBY, ULTA, SBUX, SHAK, SIG, BOOM.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 NFLX. Still holding MGM, DIS,NAIL.https://screencast-o-matic.com/watch/cYjOq6mgq7
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
August 26, 2020

