https://screencast-o-matic.com/watch/crjZqYVjS1CSPY and QQQ are hitting all time highs while IWM nears it's 50 ma resistance. A remount by IWM sets the market up for a big run. Stocks that have been beaten down most are bouncing over the past few days, including re-opens, China and deep pullback momentum stocks. The initial bounce on many of these did not have strong technical patterns, but a secondary move sets them up for momo runs. We are watching for continuation moves. Stocks in play include BMBL,SKX, CROX, DIS, TSLA, HOG, DOMO, MRNA, SIG, DKS, CHWY, MELI, DOCU, WYNN, LVS, MGM, CLF, X, CWH, DLO, RBLX, WOOF, HOOD, SHOP, ,CRWD, ABNB, DKNG, COIN, 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, YETI and AAPL.https://screencast-o-matic.com/watch/crjZqYVjS1C
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
August 24, 2021

