https://screencast-o-matic.com/watch/cr1rDvV1qDHThe market is holding key support levels with SPY remounting the 50ma after 4 days of deep pullback, while QQQ nears all time highs again. We continue to see back and forth rotation. After two months of money flow into "re-open" stocks, financials and value, we've seen a couple of weeks of flow back into software/IPO/tech. However, speculative areas like NFTs, crypto and electric continue to stall. Today we are seeing reflex bounces in re-opens. Remember there are two potential market moving events this week with Powell speaking to Congress on Tuesday and Friday's PCE inflation numbers. With 4 positions on I plan to be cautious. Stock in play include TWTR, FB, GOOGL, AMZN, CMG, DIS, ULTA, DKS, CROX, SKX, BA, UAL, HLT, LYFT, WISH, YETI, SNOW, FROG, ABNB, RBLX, RVLV, SNAP, TWLO, FSLY, LMND, WIX, GRWG, BLNK, NIO, PLUG.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: Stopped out X. Holding DASH, BYND, BLI, ERX and AAPL.https://screencast-o-matic.com/watch/cr1rDvV1qDH
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
June 21, 2021

