https://screencast-o-matic.com/watch/cYXZF2LEBQSPY and IWM make big moves to all-time highs while QQQ is green but showing relative weakness. The market is choosing to focus on the future vaccine potential and opening up of the economy rather than current covid and lockdown news. This is a good lesson that we should always follow the price action. We never know if the market is going to over-react to current or future news. The "beaten downs" are leading with every one of them on my list from airlines, casinos, hotels, leisure, restaurants, mj, metals and defense green. Work from home and some software are lagging. I have moved stopped for JBLU to 15.10 as it hits initial target. UBER is moved up to 47. TDOC is at entry level. Our energy position ERX is popping today. Stocks in play include UPS, SGMS, PENN, SHAK, MGM, DKNG, NKLA, PUMP, PLTR, FROG, BYND, GOOGL, TWTR, CGC, TLRY. All beaten downs are on watch but many are extended right now.Beaten downs ETFs to follow: JETS, PEJ, BJK, XRT, XHB, MJ, XAR, DBB. Beaten downs stocks: UAL, LUV, SAVE, JBLU, WYNN, PENN, LVS, MGM, SHAK, EAT, CAKE, HLT, MAR, CGC, RCL, CCL, BBBY, SHAK, KSS, MBig tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFT, AMD, CRMChina 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: Still holding WKHS, UBER, JBLU, TQQQ and TDOC.https://screencast-o-matic.com/watch/cYXZF2LEBQ
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
November 24, 2020

