https://screencast-o-matic.com/watch/cri2o7Vi2yAEven with Powell's assurances about the fed and inflation, the market seems to be reacting a day late to yesterday's CPI numbers. While SPY is not down much, breadth is weak and IWM is down another 1%. Tech continues to show relative strength, but is weakening. Delta and American reported decent earnings but price reactions are weak. Bank of America is getting crushed on earnings, which is impacting financials. This is a good time for caution. Wait for a potential shakeout and get ready for when the market ramps again. Stocks in play include DAL, AAL, BAC, XLF, LULU, ULTA, EWZ, DIDI, BABA, KMX, ZM, WYNN, NFLX, TWTR, DIS, SHOP.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 COIN. Holding TSLA, BLI, ERX, BIB.https://screencast-o-matic.com/watch/cri2o7Vi2yA
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
July 14, 2021

