Market Speculator Part-Time| Swing Trade Report

https://screencast-o-matic.com/watch/crh6qrVf2TT The theme of last week continues as we see a big flush in tech stocks as the Qs take a big dip back to the 50 day moving average, while housing, financials, energy and industrials continue to show relative strength. This puts us in a wait and see approach in establishing new trades to start the week, since relative strength areas are extended and relative weakness areas need to show strength at support levels. The plan is caution as we look out for pullbacks in RS stocks and potential bounce plays in beaten down stocks as they test support levels. Aggressive traders could consider shorting areas like electric and other momentum areas breaking down (see video). Stocks in play (both Relative strength and weakness) include: ZM, PTON, TDOC, ROKU, HOG, FSLR, NIO, SOLO, POLA, FCEL, PLUG, BEEM, JMIA, SONO, DKNG, BYND, CHWY, faang stocks, TSLA, TWTR, XHB, LGIH, DHI, TOL, LEN, LOW, FAS, GS, MS, ZION, LUV, DAL, UAL, SKX, FCX, XLF, SCCO, X. Re-open 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 MMM near target level. Stopped out MSFT. Still holding ERX. https://screencast-o-matic.com/watch/crh6qrVf2TT