https://screencast-o-matic.com/watch/crebqxVcL1m The intitial reaction to Fed Speak is positive, as Powell indicates they are concerned about inflation but will not raise rates or change policy in the near future. The market is popping after dropping in the morning. Tech is particularly strong as the QQQ remounts the key 50ma to attempt to get back on intermediate term uptrend. Remember it often take a few days for things to shake out and trends to develop post fed, but so far the initial reaction is a good sign. We'll continue to monitor for a few days. If I did not have 6 positions, I would add a few today. Lots of good setups. But I am positioned for a uptrend if it happens. Stocks in play include TSLA, FB, AMZN, NFLX, TWTR, DIS, CLF, X, FCX, BA, SAVE, JBLU, SHAK, ULTA, JMIA, DKNG, WYNN, MGM, PENN, CCL, ABNB, QS, ROKU, SNAP, DOMO, TWLO, WISH, OPEN, RIOT, XPEV, BLNK, BEEM, PLUG.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: Still holding AAPL, UAL, SCCO, TLRY, SPXL and PTON.https://screencast-o-matic.com/watch/crebqxVcL1m
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
March 17, 2021

