Market Speculator Part-Time | Swing Trade Report

Paul
Singh
July 21, 2021
How to trade stocksbows-opengraphTrading-Watch-List

https://screencast-o-matic.com/watch/crirqIVixd6Today's bounce continuation lends more support to the idea that the recent pullback and test of the 50ma is part of a continuation pattern that has been in play since the 2020 March pandemic low. Most industries are bouncing today, although overall technical patterns split into three camps: classic continuation patterns facing little resistance (tech and retail), bottoms (beaten down IPO and a few other industries) and rubber band bounces facing resistance (re-open idustries like airlines). The most caution is needed in the latter category. It is helpful that UAL had a good earnings reaction. The first earnings of the FAANG stocks, NFLX, had a poor earnings reaction (see vid). Yesterday's new entry is ROKU, which is bouncing today. Stocks in play include YETI, ABNB, WISH, FROG, SNOW, DASH, CRCT, HUBS, SQ, FAS, SOXL, UAL, NVDA, CMG, NFLX, APPS, CRWD, COIN, TWLO, DDS, CHS, SIG, ULTA, CROX, SKX, XPEV.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: Added ROKU. Holding TSLA, BLI, BIB.https://screencast-o-matic.com/watch/crirqIVixd6

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