https://screencast-o-matic.com/watch/crQIqbVQRuXThe market continues to pullback with SPY nearing a test of the 50 day moving average. This sport provides converging support as it also is where the old high and an open gap reside. The Qs have broke below the 9ema and IWM is holding the 50ma. Energy is strong today with plenty of energy stocks setting up. Momentum stocks are weak today. Remember we are still in the middle of weak September seasonality. Stocks in play include AMC, DKNG, MRO, RIG, ERX, FCX, LYFT, WYNN, RL, SIG, ULTA, LULU, DECK, FSLR, SBUX, BIDU, DIDI, BABA, MDB, GLBE, WOOF, FB, AMZN, NFLX, SQ. Potential topping shorts include EAT, AYX, SFIX, ROKU, ZM (see vid). 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 BNTX. Holding SM, RVLV and AAL.https://screencast-o-matic.com/watch/crQIqbVQRuX
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
September 13, 2021

