https://screencast-o-matic.com/watch/crQ3qxV6ujbThe market continues to bounce off extremely oversold levels and the Fed meeting has done nothing to slow down the bounce. However, remember that it often takes a few days and multiple fake outs before the true trend reveals itself. Right now short term I'd say the odds are 60/40 in terms of resumption of trend versus dead cat bounce failure. Not much of an edge and we should remain cautious. I will get more aggressive if SPY and QQQ remount key resistance levels (50ma). Airlines, energy and metals are leading today. Stocks in play include HOOD, RVLV, SM, FANG, DVN, MRO, COP, TELL, MUR, WLL, AMR, ARCH, SQ, SKLZ, AFRM, LOVE, PLTR, GOOGL, AAPL, NFLX, UPWK, BLDR, SE, CRWD.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: Took profit in RVLV and added HOOD. Still holding AAL.https://screencast-o-matic.com/watch/crQ3qxV6ujb
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
September 22, 2021

