https://screencast-o-matic.com/watch/crjDqqVjaqHCaution is the theme to start the week with more delta variant continuing to dominate the news, along with Afghanistan, jobs and weather. It's not surprising that VIX is popping. However, price is holding up well overall, even if market breadth is weak. Areas showing strength include healthcare, medical devices, housing, and big tech. Software, momentum stocks, re-opens and financials are weak. I start the week with 2 positions and remain cautious. Remember, August is historically choppy and this August is playing to seasonal trends. The silver lining is amazing opportunities should come after the chop. Stocks in play include FB, DIS, ORCL, MSFT, AMZN, NVDA, AMD, LLY, MRNA, PFE, REGN, UPS, CLX, PYPL, SBUX, X, CLF, WOR, FCX, STLD, CENX, J, PWR, ACM, CAT, MMM, SHOP, DKNG, PLTR, DASH, INMD, HOOD, MNST, SKY, LEN, DHI, LGIH, DXCM, ILMN, RMD.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: Still holding AAL and AAPL.https://screencast-o-matic.com/watch/crjDqqVjaqH
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
August 16, 2021

