https://screencast-o-matic.com/watch/cYQubYdGATrWe are off to a strong start to the week with the market continuing off last week's strong finish. SPY is nearing the 50ma and QQQ remounted the same level. Best case scenario is if the week ends with SPY and QQQ over the key 50ma moving averages. There are good setups in both relative strength/tech and the beaten downs. There are so many good setups that while there are still concerns with the overall market, I'm inclined to get a little more aggressive and may add 1-2 positions today. We could even consider speculative shots in hot stocks like SNOW, FROG, SPCE, WKHS and DKNG. Other stocks in play include AAPL, FB, AMZN, CRM, NAIL, TOL, WHR, LOW, HD, LEN, SIG, BKE, UA, CLF, FCX, PENN, MGM, SHAK, SBUX, SNAP, ROKU, VEEV, WDAY, PYPL, GRUB, SHOP, WKHS, DKNG, PINS, TSLA.Relative strength list: ROKU, PTON, ZM, DOCU, OKTA, WORK, GRUB, EA, SNAP, TWLO, COUP, CRWD, IDXX, TSLA, AAPL, WHR, TOL, CHGG, W, SFIX, NTESBeaten 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 (potential 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 NVDA, AMD, CRWD, SQ.https://screencast-o-matic.com/watch/cYQubYdGAT
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
September 28, 2020

