Market Speculator Part-Time | Swing Trade Report

https://screencast-o-matic.com/watch/crjbF4VjB5cMonday's slow start following weak jobs numbers foreshadowed today's deeper pullback after poor retail numbers as both the SPY and QQQ dip below key 9ema moving averages and IWM looks to test it's 200ma. We are seeing weakness in our breadth indicators like equal weighted ETFs, SPY vs IWM and T2108 (see video). As we discussed at the start of the month, our weak market breadth signals plus the historic choppiness of August trading has lead to a cautious trading approach. That approach continues unless there is a strong signal for entries. For now, we build watchlists and get ready. Stocks showing relative strength include FB, AAPL, GOOGL, MSFT, DDOG, ISRG, TEAM, ILMN, ETSY, DXCM, ARRY, UPST, DPZ, X, DIS, ORLY, AMD, REGN, MRNA, PFE, LLY, KR. Stocks beaten down that are worth watching for rubber bands at support include TWTR, GRWG, ROKU, TSLA, SBUX, SPOT, SHOP, COIN, SNAP, HOOD.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/crjbF4VjB5c