Quick Summary:
SPY continuation below 50 dma. Consider short if sets up correctly. New focus list additions RGLD, FTK and FANG come from oil and gold as both put in confirmations off oversold conditions. Focus list stocks near entry DATA, LNKD, TWTR, NANO, BOX, GOOGL, NFLX
Video Analysis:
https://youtu.be/RBWu2xG6dT8I highly recommend that you watch the video, rather than just read the notes. I talk about strategies, entries and exits more in depth in the video, yet short enough that they are only 5-10 minutes long.
Indexes and Game Plan
SPY contiued the down move below the 50 dma, though not that significant of a move. The 200 dma still looks in play and we may consider an index short on slight strength. We only become aggressive if the 50 dma gets remounted or we hit even more extreme oversold levels near the 200 dma.
The game plan remains to trade small, selectively looking for focus list longs, seeking out good value and high reward to risk setups.
Trades
I am still holding BWLD, AAPL, TWTR, BIS, BRZU and UCO (see video for analysis).
2015 Trade Results will be updated soon: http://bit.ly/161Yl4w
Focus List
The focus list stocks to key on include DATA, LNKD, TWTR, NANO, BOX, GOOGL, NFLX.
DATA,TWTR,BWLD,LNKD,AAPL,RMD,AMZN,NANO,UCO,BRZU,VA,BOX,TX,HABT,GOOGL,AKRX,JMEI,JUNO,ONCE (see video)
New addtions: FANG, FTK, RGLD
These come from gold and oil, all putting in bullish confirmation setups off oversold conditions.
Q1 2015 Earnings Breakouts:
Sector Watch
Key sectors include biotech, cybersecurity, commodities, semis, retail, and casinos.
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter
(twitter.com/PaulJSingh)
