https://screencast-o-matic.com/watch/crijqZVicUSThe market has recovered some after a big 1.5% gap down at the open that had both SPY and QQQ below the 9ema. Both have recovered as we head into the close but are off the intraday highs. Gap down strategy was put into play this morning. On day's like today stocks that make the focus list are either showing relative strength or forming reversal candles like hammers, bullish engulfing and piercing patterns. Vix is popping today as fear increases related to the Virus, China, jobs, bonds and inflation. On top of that, the market is overbought. Obviously this is a good time to be cautious. Stocks in play include SPCE, LABU, ETSY, DKS, SKX, CROX, NKE, OKTA, AXON, ROKU, AMZN, PANW, MMM, CROX, MRNA, SNOW, AMC, RBLX, NVDA, DIDI. Banks start the new earnings season next week.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 TSLA, BLI, ERX, BIB, LGIHhttps://screencast-o-matic.com/watch/crijqZVicUS
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
July 8, 2021

