Market Speculator Part-Time | Swing Trade Report

Paul
Singh
October 26, 2020
How to trade stocksbows-opengraphTrading-Watch-List

https://screencast-o-matic.com/watch/cY6Oq1sDSWToday is all about the virus surge, lack of a stimulus and indecision due to a huge earnings week and the upcoming election next Tuesday. I expect a lot of volatility until then, and not the good volatility. While we love volatility, this is the uncertain directionless type that is tough to game, thus gives us little edge. It's a good time to be cautious. We'll get aggressive once more earnings are in and the election is over. If stops in FAS and JETs hold, I will continue to hold, but keep in mind when you are close to a stop in a volatile market, there is a risk of gapping below that level the next day. So if you are not comfortable, it is wise to get out now, without worrying about the result if they pop tomorrow. It's never a bad thing to protect yourself. Relative strength stocks include DNKN, ABMD, DXCM, ZM, VIVO. The "beaten downs" are getting hit the hardest today.What's leading to uncertainty: 1. Corona 2. Election 3. Big tech earnings 4. Pattern Breakdowns 5. Stimulus.Beaten downs ETFs to follow: JETS, PEJ, BJK, XRT, XHB, MJ, XAR, DBB.Big tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFTChina List: TME, YINN, HUYA, SINA, BABA, BIDUETF 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: Stopped out GRWG. Still holding FAS and JETS.https://screencast-o-matic.com/watch/cY6Oq1sDSW

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