https://screencast-o-matic.com/watch/crV1YvPY9aBeaten downs are breaking out, lead by energy, department stores, solars and pot stocks. Market breadth is strong despite the weakness in tech/software. IWM is breaking out to highs while equal weight ETF RSP is near triple SPY's gains. The "beaten downs" theme for 2021 is in play. That being said, remember that there will be back and forth and mini-rotations. We all know tech and software lead in 2020, but it was not in a straight line. A few software stocks are making hard pullbacks to support levels. Watch for tests. Current positions CGC, ERX, OXY and DIS are popping. AMZN is near stop, which I am loosening. Stocks in play include all of the beaten downs list plus SQ, COUP, PYPL, INTU, NET, OKTA, RUN, GTWG, BEEN, FCEL, SFIX, ABNB, DASH. 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, FCX, SIG, CMG, DKS, LULUBig 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: Added CGC and OXY. Still holding DIS, AMZN, ERX, UBER.https://screencast-o-matic.com/watch/crV1YvPY9a
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 6, 2021

