https://screencast-o-matic.com/watch/crVjYBPwvpAfter a shaky start to the new year the market ignored extreme political unrest midweek and closed the week back on an uptrend, breaking highs with a broad based rally. Even areas that looked like were baring the brunt of rotation into the beaten downs, like software and electric are back on uptrends. I added MDB as software looks back on trend. There are some speculative stocks getting very extended that we'll watch for potential runner shorts next week. This weekend I'll really focus on the overbought list. Stocks in play include DASH, ABNB, SNOW, AVYA, NET, OKTA, COUP, CRWD, LMND, SHOP, SPOT, SHAK, M.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 MDB. Exited UVXY. Still holding CGC, OKTA, DIS, AMZN, ERX, UBER.https://screencast-o-matic.com/watch/crVjYBPwvp
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 8, 2021

