Market Speculator Part-Time | Swing Trade Report

Paul
Singh
January 4, 2021
How to trade stocksbows-opengraphTrading-Watch-List

https://screencast-o-matic.com/watch/crVfqPPQ992021 is off to an ominous start with the indexes all down over 1.5% and putting in bearish engulfing candles. This pattern is significant in extended markets, which we are experiencing, and often leads to pullback, rangebound action or even a topping pattern. Also keep in mind January and pre-earnings seasonality which supports the idea that we'll start the year with a pullback or rangebound action (see video). Gold, Silver, VIX, industrial metals and pot stocks are strong today. We'll watch momo areas as they pullback to deep support levels. Stocks on watch include: CGC, TLRY, GBTC, UGLD, FCX, X, FSLR, SBUX, M, KSS, ULTA, EXPE, UAL, LUV, SHAK, CMG, MGM, WYNN, UAL, LUV, EXPE, ZM, ROKU, TEAM, OKTA, NET, SNAP, SHOP, PINS, ETSY, PTON, ZM, ABNB, DASH, PYPL, SQ, GS.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, CMG, HLT, MAR, CGC, RCL, CCL, BBBY, SHAK, KSS, M, WOR, X, CLF, FCXBig tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFT, AMD, CRMETF 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 JMIA, CRM. Still holding DIS, AMZN, ERX, UBER.https://screencast-o-matic.com/watch/crVfqPPQ99

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