Market Speculator Part-Time | Swing Trade Report

Paul
Singh
February 24, 2021
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https://screencast-o-matic.com/watch/crnZqpWFkqAnother volatile day with hammer continuations in SPY, IWM and QQQ, but not without some intraday volatility. While SPY and IWM's bounces have been "clearer", QQQ tested yesterday's open (which chopped many of us out of QLD) before bouncing. The "beaten downs" continue to show relative strength. I took profits in UAL for a 4.5R gain as airlines are getting extended, while getting stopped out of QLD. QLD leads to an interesting discussion on stop placement which we will discuss in Friday's Group Mentorship session. Stocks in play include GME, AMC, RIOT, ABNB, SMG, F, GTLS, FCX, X, OXY, SHAK, EAT, ULTA, RL, LYFT, SBUX, NFLX, GOOGL, MSFT, TWTR, MDB, WIX, COUP, SHOP, ADBE, TEALM, SNAP, SHOP, SQ.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: Took profits in UAL. Stopped out QLD. Still holding DKS, ROKU, UBER.https://screencast-o-matic.com/watch/crnZqpWFkq

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