https://screencast-o-matic.com/watch/c3VhYTVoDkgThe Santa Claus rally is officially over with SPY up 1.4% during that period. This move is in line with historical averages, and now we are seeing the market sell off which is also typical of January. The market pullback should bring opportunity once the pullback finds support. This could come around earnings season which starts up the week of the 17th. Energy, industrials, financials, travel/re-open and retail continue to show relative strength as software and growth get crushed. All of the FAANG stocks except AAPL are below there 50ma's. Software stocks are taking monster hits for the third day in a row. I will watch these areas closely for rubber band bounces over the coming days. Not looking to add anything today. Stocks in play inlude: KEY, LBAI, CUBI, FANG, OXY, DVN, MRO, NUE, X, FCX, AA, CENX, UAL, ALK, CCL, FAS, ERX.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: Sopped out INTU. Still holding MGM, SBUX, NVDA, TNA.https://screencast-o-matic.com/watch/c3VhYTVoDkg
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 5, 2022

