https://screencast-o-matic.com/watch/crVXFfPpGtThe market is off to a slow start with all three indexes opening down over 1% as uncertainty sets in with the impeachment article, Covid/vaccine issues and banks reporting this week. While this sounds bearish, we have learned that in this market, this often setups up "climbing the wall of worry" bullish runs. This is why we do not over-react, even if the market does. The beaten downs, pot, semis and select momos are leading. Software is still testing support and putting in continuation patterns. Big tech is mixed. Current positions handled the initial dip well, which bodes well for the future. Stocks on watch include: BBBY, KSS, M, LUV, UAL, PYPL, SQ, FCX, X, SNAP, ROKU, ZM, ZS, CRWD, SHOP, COUP, OKTA, NET, DDOG, BEEM, BLNK, GOGO, TLRY, NIO, DKNG, YETI, ETSY, MRNA, PLUG, FCEL, LMND, GRWG, SOLO, DASH, SNOW, YALA, RIOT.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/crVXFfPpGt
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 11, 2021

