https://screencast-o-matic.com/watch/cr1eqvVhyTb This may sound illogical but good jobs numbers actually spooked the market this morning. The reason is more jobs sparks more inflation concerns. Inflation concerns lead to concerns about the fed raising interest rates. In other words, nothings new in that since the pandemic low back in March 2020, market manipulators keep finding things for "us" to worry about. At the end of the day we follow the charts, and all three indexes are holding at support levels. Re-open and software stocks have lead the decline today, with financials and energy leading. I am not looking to add new positions. Current positions X, ERX and TWTR have shown relative strength today, while AAPL and ADBE are down under 1%. Stocks in play inlude DKS, ULTA, ODFL, NIO, GRWG, ORCL, ZM, FAS, XOM AND CVX. Software stocks ROKU, PTON, TDOC, COUP and MDB are looking weak as they fail at resistance levels, continuing the potential top theme in 2020 pandemic high flyers.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: Holding TWTR, X, ERX, ADBE and AAPL.https://screencast-o-matic.com/watch/cr1eqvVhyTb
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
June 3, 2021

